Tag Archives: IFS

July inflation figures. There’s no good news here…

By now you will probably have seen this morning’s announcements about July’s inflation rates. CPI has reached 10.1% (RPI = 12.3% and CPIH = 8.8%). The Bank of England is predicting that it could go as high as 13% thanks … Continue reading

Posted in Economics, Housing costs, Inflation, Low pay, Pay & inflation, Wages and Pay-rates, Wealth inequality | Tagged , , | Leave a comment

“… the self-employed remain something of an inconvenient afterthought”

There’s a useful post here from Paul Johnson of the Institute of Fiscal Studies highlighting a number of factors that leads to the conclusion that our ecoomy and employment / tax / benefits framework has been designed around an economy … Continue reading

Posted in CJRS & SEISS, Coronavirus, Economics, Employment Law and Rights, Employment status, Freelance working, Freelancer rights, Gig economy workers, Management, Personal Service Companies, Productivity, Welfare and benefits | Tagged , , , | Leave a comment

You need a 7.1% pay-rise to stand still.

In the light of today’s news about cost-of-living increases… With tax rises in April and inflation set to hit 5% someone on average earnings will need a wage rise of over 7% to keep their living standards constant https://t.co/UpkxBM1Iku — … Continue reading

Posted in Inflation, Pay & inflation | Tagged , | Leave a comment

Whither minimum wages?

From ‘The Future Path of Minimum Wages‘ (IFS, 2019), it is worth remembering that The Conservatives have pledged to raise the National Living Wage (NLW) to two-thirds of median hourly wages by 2024 and extend it to 21- to 24-year-olds. … Continue reading

Posted in Employment Law and Rights, Minimum wage rates | Tagged , | Leave a comment