Boosting employment post-Covid – with Mark Littlewood

Can Chancellor Rishi Sunak’s package of policy measures head off an impending economic storm? Will they really help kickstart the UK economy? Or are they just delaying an inevitable tsunami of business closures and job losses? IEA Director General Mark Littlewood talks to our Media Manager Emily Carver to discuss his latest Times column, in which he argues that, rather than tying to keep all workers in their current jobs, we need to make it easier for new and different companies to employ them. Mark writes: “The enormous reallocation of labour and capital that will be needed to return the economy to a meaningful growth path will require a loosening of restrictive employment practices and a much more benign tax and regulatory environment for businesses”. You can read the column in full here (behind paywall): https://www.thetimes.co.uk/edition/business/sticking-plasters-will-not-revive-the-economy-new-jobs-are-needed-vwdvtz3hj