Tag Archives: IFS

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

Posted on August 17, 2022 by Paul Evans

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”

Posted on November 22, 2021 by Paul Evans

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.

Posted on November 17, 2021 by Paul Evans

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?

Posted on May 5, 2021 by Paul Evans

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