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Dr Neil Lee
08 December 2011
A series of ‘City Deals’ are due to be announced today. Amongst other things, the eight core cities will be getting a single consolidated capital pot, fast track Tax Increment Financing and a single City Skills Fund to help match skills needs with provision.
13 October 2011
Yesterday’s job numbers were grim. Young people, in particular, are having a tough time of it. Unemployment amongst 16 – 24 year olds is likely to hit a million soon. And an overlooked aspect of the numbers was the rise in young people who are long-term unemployed – an increase of 53,000 on the last quarter.
26 September 2011
Brussels has given the Treasury the go-ahead to expand the Enterprise Investment Scheme (EIS). By reducing the tax investors pay when backing high-risk companies, it’s designed to increase investments in them. The government argues the scheme will create more high growth firms: the seven per cent of firms who create half of all new jobs. It’s a big win for NESTA (sponsors of our Big Innovation Centre) who have been highlighting the importance of these firms for some time.
30 June 2011
Iain Duncan Smith spoke at The Work Foundation this morning, as part of our Bottom Ten Million research programme. He’s spent the last year revamping the benefits system and introducing a simplified, Universal Credit. Many have welcomed this.
10 June 2011
We welcome many elements of the government’s new initiative, such as a focus on sustained employment and increased flexibility. A number of features of the programme – payment by results, the emphasis on employment sustainability and the ‘black box’ approach which will incentives innovation – are, we think, good ideas.
27 May 2011
In a report out today, the Resolution Foundation have warned of stagnant real wages for the eleven million people at the bottom end of the labour market. With a wealth of data, it presents a convincing case: the growth of the last few years has bypassed many working people, who are increasengly squeezed by rising cost of living.
26 May 2011
The Higher Education Funding Council for England (HEFCE) have just announced the new higher education innovation funding (HEIF) package.
23 March 2011
This was supposed to be about rebalancing – moving the economy from services to manufacturing, away from reliance on London and the South East and from the public to private sector.....