Tag Archives: Employment and Labour Market

Press & Media

Financial fragility of workers is impacting UK productivity

A new study entitled Working Well: How employers can improve the wellbeing and productivity of their workforce, from the Social Market Foundation think-tank conducted in partnership with financial employee benefits provider Neyber, finds that one in eight workers (13%) report that money worries have affected their ability to concentrate at work. The study shows low financial resilience is a significant cause of stress across the UK workforce.
Published: 25 January 2016
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Press & Media

PRESS RELEASE: Low wages not education to blame for skills gap

Low wages rather than inadequate training are to blame for the STEM skills gap, according to a new report released today by the Social Market Foundation and the University of Warwick's Centre for Competitive Advantage in the Global Economy (CAGE).
Published: 10 December 2015
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Press & Media

PRESS RELEASE: Earnings key to solving Chancellor’s Spending Review conundrum

New SMF and JRF report shows Treasury could save £4.1 billion by helping in-work tax credit claimants earn £30 a week more.
Published: 19 November 2015
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Press & Media

SMF Response to the Summer Budget 2015

The Social Market Foundation's response to the Summer Budget 2015. Here we look at the OBR's update to see whether the Chancellor's spending plans are on track, we examine the Living Wage announcement and see if this conflicts with changes to tax credits, we look into the changes to Higher Education funding and apprenticeships, and the government's green paper on pension and savings tax relief.
Published: 08 July 2015
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Press & Media

PRESS RELEASE: Government pledge to create 3 million new apprenticeships ‘impossible’ without a new levy on employers to fund them, warns skills adviser

The government’s pledge to create three million new apprenticeships in the next five years, and also ensure they deliver the scientific and technical skills UK businesses needed to increase productivity, is ‘doomed’ to fail without major changes warns government skills adviser Professor Baroness Alison Wolf, in a report published today (2 July) by the Social Market Foundation (SMF).
Published: 02 July 2015
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Press & Media

PRESS RELEASE: SMF Budget 2015 reaction

The SMF respond to Budget 2015 by saying that while Osborne's Budget didn’t contain the expected pre-election giveaways, it was most certainly aimed at the voting public.
Published: 18 March 2015
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Press & Media

PRESS RELEASE: New report reveals winners and losers of the financial crisis, highlights risks for UK economic growth

A new SMF report warns that the declining financial position of younger workers and those on low incomes puts a limit on the UK economy’s ability to depend on consumer spending for growth.
Published: 10 March 2015
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Press & Media

SMF Autumn Statement reaction: Osborne balances the pre-election tax give and take, but skips over the painful spending cuts to come

This is an intensely political Autumn Statement with an economic argument behind it. The future course of deficit reduction is specifically designed in order to underline the Conservatives’ long term...
Published: 03 December 2014
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Press & Media

PRESS RELEASE: New SMF research reveals £14 billion deficit in 2018-19

In the lead up to the Chancellor’s Autumn Statement, SMF's new briefing reveals the scale of the deficit waiting for the next Government with entirely new numbers.
Published: 23 November 2014
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