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Genre: Economics / Topic: UK
Strand: Share Radio Afternoon
Presenter: Gavin Oldham
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Gavin Oldham

Thought for the Week: Workforce Capacity is the Missing Link

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Workforce Capacity is the Missing Link
There's a key missing link in Kwasi Kwarteng's mini-Budget strategy — workforce capacity. The unemployment rate is already at a record low of 3.6%, with many more vacancies than job-seekers: if we don’t tackle workplace capacity, the new Growth Plan won’t work. However there are initiatives we can take at both ends of the working age-range which could increase the available workforce by at least half a million people, together with significantly improving mobility for young adults to take advantage of work opportunities wherever they arise, and reducing public expenditure on health and care services. So, while the current focus is understandably on Government borrowing and the exchange rate, we must increase workforce capacity for the Growth Plan to succeed. Background music: 'The Plan's Working' by Cooper Cannell
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Gavin Oldham

The Financial Outlook for Personal Investors: The Mini-Budget

Gavin Oldham
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The Financial Outlook for Personal Investors

The Financial Outlook for Personal Investors: The Mini-Budget
If you missed Kwasi Kwarteng’s speech on Friday 23 September, here’s the opportunity to hear it in full, as delivered.
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Gavin Oldham

Thought for the Week: Government must learn how to be a catalyst

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Government must learn how to be a catalyst
The Bank of England expects the price inflation peak to be high, but short-lived: however if it feeds into wage inflation it could seriously undermine both national debt servicing and the property market: that's why the Government appears to be adopting a tight fiscal stance and announcing a large reduction in the civil service. Carefully targeted support with the swiftly rising cost of living is urgently needed for those most in need and, if the Government can't or won't respond, it could be enabled through the voluntary sector: with Government acting as catalyst. However this is a role to which they're not currently accustomed. Background music: 'Everything has a Beginning' by Joel Cummins.
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Gavin Oldham

Thought for the Week: Needed - A Strategy for Sharing

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Needed - A Strategy for Sharing
There's no question over Rishi Sunak's commitment to a strategy to encourage people to work; however, faced with a major cost of living crisis for those on the breadline,there's a real need to complement it with a strategy for sharing. If HM Treasury is not inclined to assist, it should at least set out a plan to encourage those who will. Accompanying music - Bike Sharing to Paradise, by Dan Bodan
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