Labour Market
Pension auto-enrolment was one of the early significant policies arising from the government’s “nudge unit”. The argument was that employees suffer from inertia and therefore do not save as much as they would rationally like to. Enrolling employees in a pension scheme and then allowing them to opt out, it was suggested, would lead to ... Continue reading
Labour Market

Professor Len Shackleton writes for No Desire To Retire

The attitude to older people in the Covid-19 pandemic has been far too negative; many make a massive contribution, writes the IEA's Editorial and Research Fellow Professor Len Shackleton. Writing for No Desire To Retire, Len argues the as the population continues to age, and the cost of state pensions and elder care increases, we ... Continue reading

Len Shackleton writes for City AM

Warning of a “looming unemployment crisis”, Sadiq Khan this week made an appeal for a further extension of the Coronavirus Job Retention Scheme (CJRS), under which more than a million Londoners have been furloughed. His concern for London jobs is understandable. But it would be wrong to continue the scheme beyond October, writes IEA Editorial ... Continue reading
Labour Market

Annabel Denham writes for The Spectator

The rapidity and willingness with which workers have adopted and adapted to remote working has led some to hail a home-working revolution. But there are convincing reasons why the office won’t be another Covid casualty, writes IEA Director of Communications Annabel Denham in The Spectator. First, as Professor Len Shackleton explained in his recent briefing ... Continue reading
Responding to today's Office for National Statistics employment figures, IEA Editorial and Research Fellow Professor Len Shackleton said: “This morning’s data show little change in the employment or unemployment rates, though the number in work has fallen sharply, particularly amongst the self-employed. This is the calm before the real storm which we can expect when ... Continue reading
Labour Market

Professor Len Shackleton quoted in The Telegraph

Professor Len Shackleton, Editorial and Research Fellow at the Institute of Economic Affairs, has told The Telegraph that the key is cutting taxes to support jobs. He said: “Short-term measures should include reducing employment costs - so suspend employers’ national insurance, scrap the apprenticeship levy, and change rules on pension auto enrolment to match the national ... Continue reading
Labour Market
Millions of jobs will be seen to have been lost and thousands of businesses destroyed once furloughing is ended. In preparing for emergence from lockdown, our aim must be to make it as easy as possible for existing businesses to revive and new businesses to start up – and to encourage them to take on as ... Continue reading
Responding to the TUC's call for an "urgent bailout" of the childcare sector, IEA Editorial and Research Fellow Professor Len Shackleton said: "Government involvement in childcare is ​an expensive melange of ill-thought-out, virtue-signalling policies. "Subsidies cost the taxpayer ​at least £6bn per year, yet parents pay on average three times more than those in France or Germany. "We currently get the worst ... Continue reading
Responding to the Prime Minister's pledge to guarantee apprenticeships to young people post-pandemic, IEA Editorial and Research Fellow Professor Len Shackleton said: "Boris Johnson’s commitment to provide guaranteed apprenticeships to young people is foolish. "No government can guarantee the sort of high-quality apprenticeship that Mr Johnson seems to have in mind. Many governments have tried unsuccessfully over the ... Continue reading

Annabel Denham writes for City AM

The Resolution Foundation released a report this week, arguing that we need more regulation and a 'post-pandemic settlement' to protect low-paid workers. But as the IEA's Director of Communications Annabel Denham argues in a debate column for the City AM, if we are to recover quickly from the current economic downturn, it's "time to loosen ... Continue reading