Ashwin Prasad says far fewer people in work than there could be and ministers ‘tinkering at the edges’ of problem The UK is “sleepwalking into a quiet epidemic” of joblessness with millions of people out of work and on benefits, the boss of the nation’s biggest supermarket chain has warned. Ashwin Prasad, who runs the UK arm of Tesco, said he believed far fewer people were in work than should be and that taxpayers were spending “an ever increasing proportion of our national income on out-of-work benefits.” Continue reading...

Countries’ drop in scores in annual table comes amid ‘worrying trend’ of backsliding in established democracies The UK and US have sunk to new lows in a global index of corruption, amid a “worrying trend” of democratic institutions being eroded by political donations, cash for access and state targeting of campaigners and journalists. Experts and businesspeople rated 182 countries based on their perception of corruption levels in the public sector to compile a league table that was bookended by Denmark at the top with the lowest levels of corruption and South Sudan at the bottom. Continue reading...