9 Jun 2017

A win by Tories s in UK election will ensure that the presents you receive won't be any different.



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Based on an article by Fergal O'Brien and Andrew Atkinson
The major party seems to have lost its way. All they do is tie a ribbon around the chopper and re-wrap last years present and call it new.

"They don't know what they're going to do, so they play around on the fringes, it's like watching a business which has a real fundamental problem, and the CEO is saying 'what colour packaging should we use'."

While slowing growth is one issue, the underlying cause is of even more direct concern to Britain's workers. Not only has the pound's decline since the vote to leave the European Union boosted inflation but, to make matters worse, wage growth hasn't picked up enough to keep pace. That means a drop in real earnings for households.

Good news is somewhat tainted by the composition of the labour market, with a dramatic shift toward lower-paying and less secure work.

There's more self-employment? So-called zero-hours contracts, and more than a quarter of UK workers are now part-time, in many cases because they are unable to find a full-time job.

Where to from here, your guess is as good as mine. I've a nasty feeling that we're headed for a very nasty time ahead because fiddling seems to the only instrument they can play.

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