• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home News

Hammond pressed to fix “broken labour market” as working Brits struggle to get by

Philip Hammond has been urged to use next month’s Spring Statement to outline measures to fix the broken labour market and rescue the working poor. The Commons work and pensions committee chairman Frank Field called on the chancellor to tackle an “overwhelming precariousness” that has “engulfed families in low-waged work”. His pleas come as a […]

Jack Peat by Jack Peat
2019-02-25 09:41
in News, Politics
FacebookTwitterLinkedinEmailWhatsapp

Philip Hammond has been urged to use next month’s Spring Statement to outline measures to fix the broken labour market and rescue the working poor.

The Commons work and pensions committee chairman Frank Field called on the chancellor to tackle an “overwhelming precariousness” that has “engulfed families in low-waged work”.

His pleas come as a new survey found one in three workers are falling behind with household bills, with many turning to payday loans.

Centre for Labour and Social Studies director Dr Faiza Shaheen, who commissioned the study, said the findings show the UK labour market “is broken”, with multiple stresses of low pay and overwork becoming a “serious threat to workers’ health as well as the economy”.

The squeeze on benefits since 2010 has been found to have had a devastating effect on some of the poorest households in the country.

According to a study released last week austerity policies have resulted in nine years of slower growth and left us all £1,495 a year worse off, with the economy left short of £100 billion in lost revenue.

In a letter to the chancellor, MP Frank Field spoke of feeling ‘horror’ that people in his Birkenhead constituency had been relying on food banks.

RelatedPosts

Nicola Sturgeon calls for urgent meeting with PM over cost-of-living crisis

13,000 migrants have crossed Channel since Rwanda plan announced, figures show

No 10 ‘will assist’ inquiry into whether Boris Johnson lied to MPs

Sunak pledges new ‘Brexit delivery unit’ with mega cringe video

A government spokesman said: “We are spending £90 billion to support families who need it, and by 2022 we will be spending £28 billion more on welfare than we do now.”

Tags: headline

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Tenth of Edinburgh rentals owned by just 15 ‘super landlords’

Female Facial Rejuvenation Made Simple

India builds 1,640ft wall along slum ahead of Trump visit

Travis singer says playing with himself makes him feel like a superhero as James Blunt claims he stopped WW3

Scunthorpe and Wigan enjoy tourist boom on the back of UK heatwave

New monument bears uncanny resemblance – to a giant TOILET PLUNGER

How To Make: Dumplings’ Legend’s Jiaozi

Newspapers tackling their falling readership by throwing scare-mongering immigrant stories on front page

Ex-Tory MP faces court – again – following his sentence for sexually assaulting two women

A Most Violent Year – Film Review

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.