Ht To Economy News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Ht to economy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Ht To Economy Today - Breaking & Trending Today
Doing too bad but the performance of the economy is doing very poorly. why do we need so many more people in the economy to not produce enough on much more stuff, is one way to think about it. that comes back to very long standing problems of under investment, i think, very long standing problems of under investment, ithink, in infrastructure and if you like, skills and training and education and so forth. it is going back decades so this is a rut at the economy has been stuck into where the level of infrastructure is not where it needs to be, the level of skills and training are not where they are meant to be. we don t have a skilled enough workforce or a skilled enough productive tissue for growth to bounce back. if you add on the headwinds of brexit and trade frictions and so on, plus things like coming out of covid and then now the war in ukraine and inflationary pressures, it is a whole series of things getting in the way of growth getting back to ....
I m joined now by ben clift who is the professor of political economy at the university of warwick. professor, thank you very much for joining us. let s begin with those working days lost. how does that factor income of 417,000 of them in october, how does that factor into 0ctober, how does that factor into what we are seeing happening in the economy at the moment? i what we are seeing happening in the economy at the moment? economy at the moment? i think we need to place economy at the moment? i think we need to place the economy at the moment? i think we need to place the strike economy at the moment? i think we need to place the strike action - economy at the moment? i think we need to place the strike action in - need to place the strike action in the broader context of historic evolution over a long time. this is the highest level of industrial action since 2011, since the first phase of george 0sborne s posterity, if you like. but overall, levels of strike action are much ....
Strike action is greatly restricted since the 1970s and 1980s. it limits the amount of impact strike action has on overall economic activity. the bigger impact on unemployment figures is the overall level of growth in the economy rather than specific things happening around strike action. 0verall growth rates in the economy, these are substantially lower than the government or others might be comfortable with. there is a problem with slow growth, which seems to be systemically embedded in our economy. systemically embedded in our econom . ~ , , systemically embedded in our economy- systemically embedded in our econom . ~ , , ., ., economy. why is growth not where it ou . ht to economy. why is growth not where it ought to be economy. why is growth not where it ought to be over economy. why is growth not where it ought to be over where economy. why is growth not where it ought to be over where we economy. why is growth not where it ought to be over where we would - economy. why ....
Where it needs to be. but it is worth pointing out the uk is doing particularly badly internationally if we compare to comparative and similar economies. if we compare to comparative and similar economies. would wage growth drive broader similar economies. would wage growth drive broader growth similar economies. would wage growth drive broader growth in similar economies. would wage growth drive broader growth in economy? - similar economies. would wage growth drive broader growth in economy? we. drive broader growth in economy? we have the arguments from some people that if you increase wages then at the moment, that is going to increase inflation? increase inflation? that is an argument increase inflation? that is an argument out increase inflation? that is an argument out there. - increase inflation? that is an argument out there. it - increase inflation? that is an i argument out there. it revisits arguments from the 1970s where we did have a phenomenal of wage push in ....