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Pay and wages

Image: Getty

What use is a GDP recovery if living standards are stagnant?

4 September 2013 15:14

Labour had better get used to headlines of economic upgrades. There’s about two dozen major forecasters out there, and each will take a turn to say that Britain’s doing better… Continue reading

110 Comments
There should be no difference between men and women's pay in 2013.

Men and women should be paid the same – end of story

21 August 2013 18:04

The gender pay gap should not exist. But it does, as we were reminded today by the Chartered Management Institute report on corporate pay. It is simply unacceptable for a… Continue reading

48 Comments
Justin Forsyth and the then International Development Secretary Andrew Mitchell in Somalia in 2011. (Thomas Mukoya/AFP/Getty Images)

Being uncharitable

9 August 2013 14:49

William Shawcross’s comments earlier in the week, following the disclosure that the number of staff at foreign aid charities earning salaries greater than £100,000 a year has grown from 19 to 30 since… Continue reading

25 Comments
The recent fall in productivity is the equivalent of an extra eight-minute cigarette break for every employee, every hour. Picture: Getty Images.

Fag break Britain: four answers to Britain’s productivity puzzle

1 March 2013 11:52

Jobs are being created in Britain, but the economy isn’t growing. In the last year, the number of people in work rose by 2 per cent, but economic output rose… Continue reading

30 Comments
Graphic: Carla Millar

Good news on employment, but don’t expect it to keep coming

20 February 2013 14:03

Today’s jobs figures are pretty unambiguously good news. The number of people in work rose by 154,000 in the last three months of 2012 to a new record high of… Continue reading

91 Comments
Picture: Getty Images

The Autumn Statement in 7 graphs

6 December 2012 18:18

1. Growth evaporating. The Office for Budget Responsibility once again downgraded its growth forecasts for 2012-13 and, for the first time, also did so for 2014-16. Despite that, the OBR… Continue reading

25 Comments
Graphic: Carla Millar

Employment has recovered from the recession, but wages haven’t

14 November 2012 15:00

Today’s employment figures don’t contain much new to shout about. The number of people in work — although it rose by 100,000 on the previous quarter — is actually down… Continue reading

25 Comments
National pay bargaining needs reform. Picture: Getty.

A bad bargain: we should give up nationwide pay bargaining

19 September 2012 9:42

Imagine what would happen to the Greek economy if a European trade union managed to secure the same salaries for Greece’s public employees as for their German counterparts. If that… Continue reading

9 Comments
Is Britain working?

Employment returns to pre-crash levels

12 September 2012 14:30

Employment has almost entirely recovered to its pre-recession peak, according to today’s new figures. Total employment for May to July stood at 29.56 million — up 236,000 on the previous… Continue reading

21 Comments
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Making the loan companies pay

22 May 2012 9:06

Will Parliament soon decide to clamp down on payday loans? The controversial firms, offering ultra-high interest short-term loans, have proliferated on high streets and across the Web, utilising crafty advertising to make… Continue reading

37 Comments
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Regional pay: a new coalition divide

17 May 2012 15:31

As if Lords reform, communications surveillance powers and same-sex marriage weren’t enough, it looks like there’s another issue that’ll cause a good deal of friction between Liberal Democrat and Conservative… Continue reading

14 Comments
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A significant moment for the minimum wage

19 March 2012 14:03

Here are some numbers for you: the adult rate of the national minimum wage will be raised, this October, by 11p to £6.19 an hour, but the separate rates for… Continue reading

11 Comments
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Cable teaches Umunna a lesson about the past

23 January 2012 17:21

If you were in a particularly soggy mood, you’d almost feel sorry for Chuka Umunna. He’d managed to force Vince Cable into the House this afternoon, to announce the coalition’s… Continue reading

18 Comments
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Inflation at 4.2 per cent is nothing to cheer

17 January 2012 11:41

Are today’s inflation figures cause for celebration? The Consumer Price Index rose a mere 4.2 per cent in the year to December, down from 4.8 per cent in November. So,… Continue reading

44 Comments
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Balls’ attempt at credibility falls short

14 January 2012 10:17

‘I must be responsible and credible in what I say.’ No, it’s not Bart Simpson writing on the blackboard at the start of The Simpsons, although it may have been… Continue reading

31 Comments

The unions’ pension myths

30 November 2011 16:54

This morning I debated the President of the Association of Teachers and Lecturers live on Sky News.  It was incredible how few answers she had when confronted with the facts… Continue reading

30 Comments

Your Autumn Statement check-list

29 November 2011 9:16

I very much doubt today’s Pre-Budget Report will be memorable; a shame, given the circumstances. The supplementary Office for Budget Responsibility document will be more interesting — and relevant to… Continue reading

9 Comments

Talkin’ ’bout long-term stagnation

21 November 2011 17:21

Politics is often a messy squiggle, but this morning’s Resolution Foundation event did much to reduce it to a binary choice. Do we follow the US into a decades-long stagnancy… Continue reading

8 Comments

Are we facing an American nightmare?

21 November 2011 9:30

With the Chancellor’s autumn statement due next Tuesday, we’re all talking about growth. The ECB and Bank of England now say the UK economy is set to grow at less… Continue reading

19 Comments

Time to scrap the minimum wage?

12 October 2011 14:48

Today’s youth unemployment figures are simply appalling. It’s now 21 per cent amongst the under-25s, above the peak of 18 per cent seen under the 1990s recession. For the first… Continue reading

65 Comments

The Lib Dems’ war on wealth

19 September 2011 11:09

Vince Cable will address the Liberal Democrat conference later on today. Tim Farron’s indulgent speech yesterday is a tough act to follow, but Cable has chosen a subject to titillate… Continue reading

23 Comments

Don’t dismiss Davies out of hand

17 June 2011 16:29

Touchpaper, meet match. That’s the explosive situation engendered by Tory MP Philip Davies and his comments about disabled people this afternoon. His suggestion, made in the Commons, was that disabled… Continue reading

70 Comments

Inflation: cock-up, not conspiracy

14 June 2011 12:03

Britain has the worst inflation in Western Europe; this is today’s story. CPI is 4.5 per cent and RPI is 5.2 per cent. This masks even worse rises which, as… Continue reading

41 Comments

Moving towards more efficient public sector pay

3 June 2011 10:57

Data issued yesterday by the Incomes Data Services indicated that average pay settlements over the first quarter of 2011 in the public sector were close to 0 per cent. However,… Continue reading

15 Comments

Scouring the Budget small print

24 March 2011 9:29

This morning’s newspapers have a feast of analysis on the Budget. I’ve covered 15 of them, and what journalists normally do is spend the day trawling the small print of… Continue reading

20 Comments