Institute for Public Policy Research
@ippr.org did:plc:meoeiisz2ja66j35jx2rxjyc
IPPR is the UK’s leading progressive think tank. Find out more here: linktr.ee/IPPR
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Resumo
Institute for Public Policy Research (@ippr.org) é um usuário do Bluesky desde 15 agosto 2024. Tem 14.437 seguidores, segue 467 contas e publicou 1.163 posts.
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Higher rates link to the sharp increase in the Bank of England’s inflation forecast today. Inflation now peaks at 4.9% in 2027 Q2. Much higher than the 3.8% peak the OBR forecast just last week at Budget, and the Bank’s own 3.2% peak in July. What’s behind it? 🧵 1/5
Ver post🚖 British Uber drivers are part of a Dutch lawsuit over allegedly unfair pay. Their case highlights a much wider problem: UK laws make it harder for ordinary people to challenge powerful tech companies. Our report sets out what needs to change 👉️ buff.ly/KURwSxJ
Ver postHigher rates won’t reopen the Strait of Hormuz or bring down energy prices. Today’s rise to 4% risks squeezing households already facing higher bills. With energy costs set to rise by at least £400 in January, government should temporarily cap typical energy bills at £2,000.
Ver postAll 9 MPC members voted to hike today—8 to 4%, and Catherine Mann to 4.25%. But the BoE's report admits "UK monetary policy cannot affect global energy prices", and can only push down domestic wages and prices, at the cost of jobs This shows the system isn't working. 🧵 1/8
Ver postThe @ippr.org on why £10billion is a Mickey Mouse number: "it would be wrong to assume – based on the previous figures published by government – that there would be a £10 billion price tag. This is because the original proposals were never in reality going to create a £10 billion long-term saving"
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