John McDonnell’s Labour Conference commitment to put workers on company boards was met with predictable hostility from employer representatives. Yet Germany, the Scandinavian countries along with several other European states, have long standing policies for employee participation, even if it might not be as extensive (McDonnell proposes 30% representation). Likewise, allocating a proportion of company … Continue reading Putting workers on the boards
In the context of this week’s report from the Migration Advisory Committee (set up to advise on immigration policy post-Brexit), it’s worth outlining the nature of European migration to the UK and the implications of the MAC proposals. By the end of 2016 there were 2.2 million working EU migrants -7% of the labour force. … Continue reading Post-Brexit immigration and skills policy
While opposition to Tory cuts continues, Labour has huge support for its commitment to restoring school budgets. At the same time however, the Party leadership also promises to ‘balance the books’ and maintain ‘fiscal credibility’. By this it means that over the course of a five-year Parliament, current (day to day) expenditure will be largely … Continue reading How should Labour finance education and public services?
Jeremy Corbyn’s recent speech to engineering and manufacturing employers has ( as is generally the case!) been misrepresented. Launching Labour’s Build it in Britain, Corbyn has been accused of wanting to establish a ‘protectionist’ blanket around UK manufacturing and by implication being ‘pro-Brexit’ even though it’s questionable whether there’s anything in EU legislation that would … Continue reading Labour and Industry
After last week’s budget, we now get the government’s equally uninspiring ‘industrial strategy’. Based on proposals published in January of this year, the 250 page Building a Britain fit for the future claims to provide ‘a new approach to how government and business can work together’. Nothing could be further from the truth. It’s more about the … Continue reading Wanted: a POST INDUSTRIAL strategy
UK unemployment continues to fall, it’s now at 4.4%, down from 4.9 % a year ago. Yet much more significant is the greater increase in the size of the workforce. For example, the most recent monthly ONS data shows a fall in unemployment of just under 160,000 over the year, but a 340 000 increase in those working. … Continue reading Capital’s ‘reserve army’ (part 2)
Alarm bells continue to ring about the implications of (a hard) Brexit for UK skill levels, future growth and prosperity. By the end of 2016 there were 2.2 million working EU migrants -7% of the labour force. Most recently there’s been specific concern about the effect of Brexit on an already understaffed NHS. EU immigrants … Continue reading Brexit and skills shortages