John Van Reenen, London School of Economics and Political Science
What the chancellor didn’t mention is that UK GDP per person is 16% lower than we would have expected on pre-crisis trends and the major factor is lousy productivity growth.
David Cameron has announced his aspiration for the UK to become a nation of “full employment”, promising that Britain will have the highest employment rate of any major world economy. This is not the first…
In the first of a series of keynote speeches Prime Minister David Cameron identified the central theme of the Conservative Party’s 2015 general election manifesto: “to get Britain back to living within…
There can be no doubt that the job market has been more resilient since the financial crisis than many imagined. Unemployment did not rise as far as was feared and the recovery in employment to pre-recession…
George Osborne has delivered his latest Autumn Statement, announcing there has been no recession during this parliament and forecasting that the British economy will grow by 3% this year. This final Autumn…
The number of professional and middle-class managerial jobs has shrunk, according to a new study by researchers at Oxford University. This is bad news for Britain’s graduates and represents a worrying…
Unemployment in the UK has fallen below two million for the first time in almost six years, latest figures from the Office for National Statistics show. It’s certainly good news, but there are some important…
Car sales have raced to a ten-year high according to new figures that are being celebrated as part of wider signs of a UK recovery. In the latest monthly figures published by the Society for Motor Manufacturers…
The news that the British housing market may have reached a turning point, with one forecast showing a price fall in 2015 and a drop in London prices for the first time in three years, will have been welcome…