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4 Mar, 4 tweets, 2 min read
🚨 NEW 🚨 750,000 viable jobs are unnecessarily put at risk by Sunak’s #budget2021

A stimulus half the size it needed to be + lack of a follow-up work support scheme post furlough in September means unemployment could rise to 2.7 million by this time next year 1/4
In his budget Rishi Sunak should have “boosted it like Biden” to secure a strong and sustainable recovery

A big stimulus would prevent such a steep rise in unemployment by delivering higher public investment, more jobs, stronger public services and providing targeted support 2/4
Public investment after the #budget will remain below 3% of GDP, while it could have been raised to 5% - which would have created jobs and gone further towards reaching the UK's climate targets 🌿🚅🚲🌳 3/4
“The chancellor had an opportunity to use bold public investment to drive a bounce-back. What he actually set out is not enough to restore the UK economy to pre-pandemic levels and puts 750,000 jobs unnecessarily at risk" says @GeorgeDibb 4/4
ippr.org/news-and-media…

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More from @IPPR

13 May 20
🚨 Revealed – Lockdown measures are protecting landlords, banks and lenders more than the families they are meant to benefit

Our new report shows the poorest are unfairly shouldering the greatest economic risk (thread) bit.ly/IPPRrent
Economists @L__Macfarlane, @oeufling & @shreyagnanda warn that UK inequalities will widen as a result of lockdown measures

Families in upper pay brackets are more able to work from home and are likely to be spending less and saving more… bit.ly/IPPRrent Image
...meanwhile low-income families are more likely to be furloughed and will be gradually racking up further debt

Those in the second lowest income bracket may be adding an average £12 a week to their existing debts bit.ly/IPPRrent Image
Read 7 tweets
17 Nov 19
🚨 NEW POLL

IPPR/@YouGov public attitudes poll finds a 60% majority in favour of significant changes to the way the economy is run with just 2% for the status quo

Support for fundamental economic reform cuts across party and Brexit divides THREAD 1/6
ippr.org/research/publi…
There's profound scepticism about the economic settlement across all parties

59% agree the economy mainly works for people with high incomes & for big companies

56% agree the gap between wealthy and the rest has widened too much (2/6) bit.ly/IPPRpoll
After nearly a decade, public support for #austerity appears to have evaporated

61% said cuts to spending have damaged vital public services - a view shared across all parties (3/6)
bit.ly/IPPRpoll
Read 6 tweets

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