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Torsten Bell is director of the Resolution Foundation. He was previously director of policy for the Labour Party and worked in the Treasury, both as a special adviser and a civil servant.
If Britain simply muddles through it risks becoming Italy without the food and weather.
The Chancellor has confirmed that the initiative will continue at least a month longer than expected. The question is: what then?
The Chancellor must extend sick pay, subsidise wages and dramatically increase welfare benefits to reassure families.
The boom in jobs and working hours reflects the fact that our living standards are worse than expected.
The Conservatives’ ambitious promise of a £10.50 minimum wage must be sensitive to any economic downsides.
Running down the Brexit clock makes sense for politicians seeking to manage party divisions. But it amounts to economic vandalism for UK households.
Their incomes may be relatively low, but the children of homeowners are still far more likely to be able to buy a home.
The PM declared a hardline policy over, but the numbers suggest otherwise.
A family on the average wage would have to bank every single penny for 43 years to reach the wealthiest 10 per cent.
Inflation is already rising, and failing to agree a trade deal with the EU could cost families another £500 a year.