Tag Archives for coalition government

Local government cuts and the unequal social, geographical and political impact of austerity

Craig Berry

Cuts to local government have disproportionately affected the North, deprived areas and Labour councils All of the mainstream political parties in the UK are currently engaging in a slightly farcical competition over how many billions of pounds in public expenditure they intend to devolve from Whitehall to the local level. Such devolution may be welcome, but the very big numbers … Continue reading

10 July 2014 by
Categories: SPERI Comment | Tags: , , , , , , , , | Leave a comment

The regressive evolution of the UK tax base

The declining significance of progressive and business taxation demonstrates the character of ‘austerity’ In a recent SPERI paper, Jeremy Green and Scott Lavery argued that the economic recovery has been secured through processes of ‘regressive redistribution’, as quantitative easing and the suppression of wages represent a striking redistribution of wealth to asset holders and businesses, and away from low and … Continue reading

13 June 2014 by
Categories: SPERI Comment | Tags: , , , , , , | Leave a comment

Food banks and welfare reform

Hannah Lambie-Mumford

A ‘right to food’ approach can help to determine ultimate responsibility for preventing hunger Last week the All Party Parliamentary Inquiry into hunger and food poverty was launched and today, the terms of reference will be finalised at a research summit in Portcullis House. The question of what is driving demand for food banks is likely to be prominent. The … Continue reading

9 April 2014 by
Categories: SPERI Comment | Tags: , , , , , | Leave a comment

Pensions, fairness and Lamborghinis

Craig Berry

Budget changes to the annuities market are a lesson in the fallacies of freedom   From April 2015, individuals in defined contribution pension schemes will no longer be required to ‘annuitise’ their pensions saving, that is, turn their pot of savings into a lifelong, regular income by purchasing an annuity product from an insurance company. Boris Johnson’s response typified the … Continue reading

26 March 2014 by
Categories: SPERI Comment | Tags: , , , , , , , , | 3 comments

A Big Broken Society?

British society is broken, but it is an indifferent and disconnected elite that is really to blame ‘Broken Britain’ is the rallying-cry of the coalition government’s welfare reform agenda in the wake of sluggish growth since the 2008 crisis. The rhetoric of Broken Britain deploys the usual fond remembrance of by-gone years when moral norms were apparently stable and universally … Continue reading

11 March 2014 by
Categories: British growth crisis, SPERI Comment | Tags: , , , , | Leave a comment

Welcome to the pseudo-recovery

Craig Berry

UK investment and consumption performance demonstrates the frailty of the economic recovery The second estimate of GDP for the third quarter of 2013, published by the ONS this week, appears to confirm that the UK economy has returned to consistent growth. Yet the detailed breakdown of investment results paints an alarming picture of an unbalanced economy. Growth remains far too … Continue reading

29 November 2013 by
Categories: British growth crisis, Craig Berry, Economics, Finance, SPERI Comment, Uncategorized | Tags: , , , , , , | 2 comments

Interrogating the ‘good news’ on employment

Craig Berry

Why the coalition government is wrong to consider the relatively high employment rate one of its main successes The good news is that the employment rate has grown to 71.7 per cent (all aged 16-64) in June-August 2013, up from 70.7 per cent when the coalition government took office. There are almost 700,000 more people in work. However, there are … Continue reading

25 November 2013 by
Categories: British growth crisis, Craig Berry, Employment, SPERI Comment, Uncategorized | Tags: , , , , , , , , | 1 comment