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Apprenticeships are not helping the young

Data published last week just reaffirms longer term changes in the nature of apprenticeships – particularly who does them and at what level. https://explore-education-statistics.service.gov.uk/find-statistics/apprenticeships/2024-25 It’s a mistake to see apprenticeships as an alternative pathway for 16- and 17-year-olds not continuing on the academic track, the original intention for their reintroduction at the start of the … Continue reading Apprenticeships are not helping the young

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Labouring under Labour

Well before being elected, Labour set out intentions to increase labour market participation. At the centre of its policies, was achieving an 80% participation rate for 18–66-year-olds over a ten-year period, way above the current 75% - though this includes part-time working. ‘Rebuilding’ Britain’s labour force has been the main brief of the Department for … Continue reading Labouring under Labour

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The State we’re in

Labour’s planned increases in everyday spending - £190 billion over the remainder of the parliament, announced in last week’s ‘spending review’ - are firefighting measures, being nowhere near enough to rebuild public services after ’14 wasted years’. Labour’s increases are also dependent on the economy continuing to expand and generate additional taxation revenue. With a … Continue reading The State we’re in

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Education, the Bank and the bond markets

Labour’s economic problems are compounded by the neo-liberal model it has enslaved itself to. Without the economic growth the government is praying for, there isn’t enough taxation revenue to cover even its limited public spending intentions. 'Unforeseen' events continue to undermine the ‘headroom’ it has to manoeuvre, without resorting to the tax increases or spending … Continue reading Education, the Bank and the bond markets

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The White Paper, immigration, automation.

In press releases leading up to the recent White Paper Getting Britain Working, Labour frontbenchers argued that the high levels of economic inactivity, particularly the increased number of NEETs, prevents the UK economy from growing. The question is whether the various support measures outlined in the WP are likely to backed up by more detailed … Continue reading The White Paper, immigration, automation.

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Does the Reeves budget take things forward?

Make no mistake, there are some progressive intentions behind this week’s budget, as the Starmer government sets out to address the UK economy’s miserable performance since the financial crash, the rapid decline of public services and disintegrating infrastructure.  Labour plans a £70 billion increase in public spending, with over £20 billion for the NHS, just … Continue reading Does the Reeves budget take things forward?

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More than one in seven young people are NEET.

Despite fears that slower wage growth might mean the labour market is ‘cooling’, latest statistics suggest otherwise, with a general participation rate of 75% and unemployment only just above 4%. However, ‘economic inactivity’ – those not working but not looking for work – still sits at over 20%, reflecting what commentators have termed a ‘great … Continue reading More than one in seven young people are NEET.

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‘End Micky Mouse degrees. Create 100,000 apprenticeships instead’ (Sunak’s latest election gimmick)

 As far back as 2015, in the wake of Tony Blair and New Labour’s push to make university attendance the norm for school leavers, David Cameron’s promised 300,000 more apprenticeships as an alternative . The Tories have been rattling on about this ever since, without much idea of what it really means. Let alone how … Continue reading ‘End Micky Mouse degrees. Create 100,000 apprenticeships instead’ (Sunak’s latest election gimmick)

Labour and Industry

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