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Big cuts to GDP growth mean higher public borrowing and a second failure on public debt

Mar 16, 2016By Touchstone blog

Behind the Chancellor’s gimmicks were serious downward revisions to GDP growth. 2016: now 2.0% previously 2.4%; 2017: now 2.2% was 2.5% etc. These feed through straight to the budget deficit borrowing, so that it is increased materially – by £39 billion cumulatively – over the coming five years….Read more…

Mar 16, 2016Touchstone blog

The government should let union members choose how they vote

Mar 16, 2016By Touchstone blog

Today, the Chancellor will present his budget for the year ahead. But it’s not the only important thing happening. Though it won’t be dominating the headlines, the government’s controversial Trade Union Bill is reaching its final stages in the House of Lords. What is represents is a last chance for…Read more…

Mar 16, 2016Touchstone blog

#Budget2016: Altering tax thresholds is an expensive way to aid the well paid

Mar 16, 2016By Touchstone blog

The chancellor has promised measures to increase the personal tax allowance (PTA) for low-paid workers (the amount they can earn in a year before being liable for tax) also the higher rate threshold (HRT) (the point beyond which tax increases to 40%).  While both measures have been portrayed as a…Read more…

Mar 16, 2016Touchstone blog

If Remain want our votes they have to make it personal

Mar 15, 2016By Touchstone blog

An article in today’s Telegraph should act as a spur to everyone in the Remain camp. Lynton Crosby – The Wizard of Oz – has been looking behind the poll numbers to gauge the motivation of supporters of Leave and Remain to go out and vote. The results which point to a possible Brexit,…Read more…

Mar 15, 2016Touchstone blog

Government defeat in Lords may allow asylum seekers to work at last

Mar 15, 2016By Touchstone blog

Last week the government suffered two significant defeats in the House of Lords as two amendments the TUC supported to give rights and protections to asylum seekers and overseas domestic workers were added to the Immigration Bill. The Immigration Bill was introduced as part of the government’s…Read more…

Mar 15, 2016Touchstone blog

Budget 2016: Osborne’s five year failure to tackle the real problems

Mar 14, 2016By Touchstone blog

On Wednesday, Chancellor George Osborne will deliver his sixth budget. In his first budget back in 2010, he identified a number of challenges for our imbalanced and over-indebted economy that his strategy indended to resolve. He’s had five budgets since to tackle them, but looking back at his…Read more…

Mar 14, 2016Touchstone blog

How much does the Canadian government want a trade deal with the EU?

Mar 14, 2016By Touchstone blog

Before the Transatlantic Trade & Investment Partnership (TTIP) between the EU and the USA comes the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada. It has been ‘agreed’ several times, but it’s not over yet. And it’s still seriously deficient…Read more…

Mar 14, 2016Touchstone blog

Don’t tell young people that unemployment, low pay and insecure work are good for them

Mar 14, 2016By Touchstone blog

The way in which young workers (or want-to-be workers) is discussed in the media and public debate is something which frequently grates on me, and I can’t be the only young person who feels like this. The article “jobs for the boys and girls” in this week’s Economist was no…Read more…

Mar 14, 2016Touchstone blog

TUC Budget Statement: Fiscal consolidation has failed. Make it stop.

Mar 14, 2016By Touchstone blog

In their June 2010 Budget the coalition expected the economy over 2010-2015 to grow in cash terms by 29%; instead it grew by only 20%. This amounts to a cash shortfall of £140bn (on the basis of today’s NA definitions, as on the chart). £140bn is a big number that reflects a double hit,…Read more…

Mar 14, 2016Touchstone blog

A social pillar to shore up Europe’s cracking foundations

Mar 14, 2016By Touchstone blog

Last week the European Commission suddenly woke up to the needs of working people. After years of almost no initiatives in the social and employment fields, reinforcing the perception of the EU as just a business club, we got something to deal with the pay of workers temporarily sent to work in…Read more…

Mar 14, 2016Touchstone blog

The unequal impact of the mental health crisis

Mar 11, 2016By Touchstone blog

Mental health problems will affect one person in four: a statistic repeatedly quoted these days. There are other numbers. People disabled by mental ill health have only a 20% employment rate in contrast to an overall disability employment rate of just …Read more…

Mar 11, 2016Touchstone blog

A million new jobs for disabled people on the road to full employment?

Mar 11, 2016By Touchstone blog

The Chancellor of the Exchequer wants the UK to achieve full employment by creating more than two million new jobs by 2020. The Resolution Foundation, in its welcome new report, “The road to full employment: what the journey looks like and how to make progress”, sets out how to achieve this by…Read more…

Mar 11, 2016Touchstone blog

“Guten tag, pet!” Reforming the Posted Workers Directive

Mar 10, 2016By Touchstone blog

On Tuesday (8 March) the European Commission announced a long-waited revision of the twenty year-old Posted Workers Directive, which regulates the entitlements of workers sent by their employer to another EU country on a short-term project. Think of the characters in Auf Wiedersehen, Pet – they…Read more…

Mar 10, 2016Touchstone blog

Train operating companies must be laughing all the way to the bank

Mar 10, 2016By Touchstone blog

A recent report by the Office for Road and Rail Regulation (ORR, 2014-15)  shows that our privatised railways are still heavily dependent on taxpayers subsidies, while private train companies continue to pay out millions in shareholder dividends. In 2014-15, the government contributed £3.5bn to the…Read more…

Mar 10, 2016Touchstone blog

Home ownership amongst the young is falling: urgent action needed

Mar 10, 2016By Touchstone blog

Bank Underground (the Bank of England blog, which is well worth subscribing to) today featured a fascinating piece about transactions in the housing market. Whilst the blog is rich in detail, and I would urge anyone interested to take a read, what stru…Read more…

Mar 10, 2016Touchstone blog

ONS pronounce on the future of inflation measurement, with RPI “not a good measure”

Mar 9, 2016By Touchstone blog

Today the National Statistician John Pullinger published advice on the ‘future of consumer inflation statistics in the UK’ (here). The trade union movement has taken a close interest in these issues and has contributed to the debate at various points. The purpose of this blog is to…Read more…

Mar 9, 2016Touchstone blog

Reporting on modern slavery risks: the union factor

Mar 9, 2016By Touchstone blog

Modern slavery is an international phenomenon and comes in many forms ranging from East European migrants in the UK food industry in debt to trafficking gangs, to Nepalese workers on Middle Eastern construction sites with no access to their ID documents. The UK’s Modern Slavery Act 2015 not only…Read more…

Mar 9, 2016Touchstone blog

The zero-hours nightmare is spreading: 800,000 now on zero-hours contracts.

Mar 9, 2016By Touchstone blog

Zero-hour contracts may be a dream for cost-cutting employers. But they are all too often a nightmare for workers. And despite widespread condemnation from politicians, they’re growing, with this year’s official statistics showing a 15% rise. 104,000 more people are now employed on zero…Read more…

Mar 9, 2016Touchstone blog

NHS cash crisis reaching a turning point for the worse

Mar 9, 2016By Touchstone blog

We are at a turning point in the growing cash crisis of the NHS. In many areas the threat of cuts and closures could soon be a reality. The NHS cash freeze has barely increased spending in real terms since 2010 while the population has grown and costs …Read more…

Mar 9, 2016Touchstone blog

The impact of motherhood on pay

Mar 8, 2016By Touchstone blog

On Sunday we celebrated mothers’ day, a day when we show our appreciation for the often unsung and uncelebrated hard work of mothers. Today, on International Women’s Day, the TUC has published research that finds mothers are not so valued in the workplace. In fact, the research confirms the…Read more…

Mar 8, 2016Touchstone blog
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Latest posts

  • Unite the Union signs the Dying to Work Charter
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  • Don’t let tribunal fees undermine the government’s Plan to Make Work Pay
  • Mae ailadeiladu yn golygu mwy na dim ond trwsio beth sydd wedi torri – mae’n golygu creu rhywbeth newydd
  • Rebuilding isn’t just about repairing what’s broken – it’s creating something new
  • The Conservatives’ plan to leave the ECHR is an attack on workers’ rights
  • 89th Anniversary of the Battle of Cable Street

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