Mark Littlewood appears on BBC Radio 5 Live
In the interview Mark argues that while the TUC’s analysis of wage stagnation and the reasons for it is right, their prescriptions are not. The underlying problem of wage stagnation has been productivity in the labour force. If productivity doesn’t increase, wages don’t either. Interest rates have been far too low for too long.
Listen to the full interview here. Mark’s segment begins at 13:20