This report analyses the Coalition government's Transforming Rehabilitation proposals and provides new analysis on the possible impacts of the reforms.
The latest deliberations of the Bank of England’s Monetary Policy Committee published this week provide some good Easter cheer, with members concluding that ‘it was likely that productivity had started to rise after several years of stagnation’. This may mean that real wages can start to edge upwards once again. But SMF Research Director Nigel Keohane believes that before we get too excited we should look properly at our baseline on both pay and productivity.
