The productivity conundrum that isn’t

Following George Osborne’s budget, there has been much talk of the productivity “conundrum” – the question of why the United Kingdom’s productivity levels are so low. Is it really a conundrum?  The reasons seem obvious to me: A sustained failure to invest -the UK’s investment figures are among the lowest in the industrialised world, and […]

Ed Balls and workfare – still following Osborne’s agenda?

Ed Balls has announced that Labour plans to introduce a compulsory work scheme for those  over 25 who have been out of work for more than two years – in addition to its existing plans for the under-25s.  The proposal is being spun in two ways – both as giving “opportunities” but also as a […]