But these critiques often over claim in the other direction, that statically regressive = good dynamically. Need to argue for that.
www.thetimes.com/comment/colu...
But these critiques often over claim in the other direction, that statically regressive = good dynamically. Need to argue for that.
www.thetimes.com/comment/colu...
Here’s our @resolutionfoundation.org thread, from @nyecominetti.bsky.social and me.
Here’s our @resolutionfoundation.org thread, from @nyecominetti.bsky.social and me.
Here is our PN
Here is our PN
While smaller than the £20 billion expected by some, this is still a very large hit to the public finances.
www.ft.com/content/b436...
1. Re min wage reducing incentive to go to uni. Yes at the margin, but I struggle to believe this can be a big effect? Going to uni raises lifetime earnings, not just at age 25.
www.ft.com/content/b436...
1. Re min wage reducing incentive to go to uni. Yes at the margin, but I struggle to believe this can be a big effect? Going to uni raises lifetime earnings, not just at age 25.
"And so one day, 1,000 people show up in your village of 500 and start raping the kids"
"This has now happened, God knows how many times in Britain"
I wrote about that here
www.resolutionfoundation.org/publications...
I wrote about that here
www.resolutionfoundation.org/publications...
New data suggests by far the bigger problem - arguably more worrying - is people knowing they've been invited but refusing to take part.
New data suggests by far the bigger problem - arguably more worrying - is people knowing they've been invited but refusing to take part.
www.ons.gov.uk/releases/emp...
Quick thread on main things I have taken from the data
www.ons.gov.uk/releases/emp...
Quick thread on main things I have taken from the data
From a quick look I think the new data doesn't change the outlook for the NLW (unlike last year, when a revision led to a bigger uprating). Relief for LPC. Basically no revision to the 2024 data, and 2025 growth in line with LPC expectations.
From a quick look I think the new data doesn't change the outlook for the NLW (unlike last year, when a revision led to a bigger uprating). Relief for LPC. Basically no revision to the 2024 data, and 2025 growth in line with LPC expectations.