A ‘New Deal’ for fewer jobs and worse pay? The City View Labour’s promise of a ‘New Deal for Working People’ is deliberately worded to evoke the era of Roosevelt, when major federal interventions supposedly shook America out of the Great Depression and conclusively demonstrated the benefits of Keynesian economics. But even Keynes knew it was more complicated than this. Alongside stimulus, he wrote that reversing a [...]
Maternity pay is an investment, not a cost Opinion Shortsighted criticism of the cost and admin involved in maternity leave do not take account of the wider benefits to society, says John Oxley There may be some businesses that bristle at the costs and admin of maternity leave. While the state essentially picks up the tab for statutory leave, this doesn’t stretch to the [...]