Adam Cox is joined by CEO of Voneus, Steven Leighton, to discuss how those working in rural communities have been affected by lockdown; and how lack of internet access can affect the ability to work remotely or home-school successfully. They delve into the gigabit scheme, how it aims to support those living in rural areas, and the importance of internet access in the modern day.
In this episode of Policy Matters, hosts Matt Dickson and Franz Buscha talk to Martha Bloom, a researcher at the Science Policy Research Institute at the University of Sussex.
Martha recently wrote a report examining the economic returns to creative arts degrees, the types of employment these graduates go on to and the motivations of those who undertake higher level creative education. Franz, Matt and Martha begin by discussing the difficulties facing the creative industries in the post-pandemic world, yet how the crisis has also highlighted the importance of these industries for the wellbeing of the nation.
Martha then explains the ways in which creative arts graduates contribute to the economy both within the creative industries and more broadly, what her report reveals about their motivations and the benefits that they enjoy across a range of measures. The discussion then goes on to consider a related report co-authored by Franz and Matt, which examines the earnings and employment returns to different postgraduate degrees.
This conversation again highlights the importance of skills and vocations that might not be highly paid but provide vital inputs into the economy and public life, and the danger of judging the value of education purely in terms of earnings.
As 60% of UK money will be in the hands of women by 2030, it is important to understand the issues that the next generation of women care about – and how this impacts every aspect of their lives. This next gen can encompass girls and women from 13 to 39 (and beyond), and their views can differ widely from their mothers’ and grandmothers’.
The younger generations are much more aware of environmental, equality, gender, and diversity issues. This may well impact on how they spend, invest, and consume. They are much more likely to research companies online, placing stock on good customer service and value for money rather than brand loyalty. The brands they interact with also have to have good credentials in terms of how they treat their staff and workers along the supply chain; information for which is sourced through social media, online, or through their offline networks.
In this programme Tamara Gillan is joined by A-Level student Emily Astley, and her mother Patricia Astley, Executive Director at Julius Baer. They are both passionate about how the next generation of women will rise, and they share their views on the differences between generations regarding money, changing definitions of success, and purpose.
While the world worries about coronavirus, there is another decade-defining event going on – the US election. Will Donald Trump win a second term as US President and have the world dance to his tune for four more years, or will Joe Biden take charge – and what on earth would that mean for people? There is less than a month to go until the US election and under normal circumstances you would expect all the focus of stock market commentators to be on that. It’s not normal circumstances though. The second wave of coronavirus and renewed lockdowns have the world’s attention and the election, if not a sideshow, is definitely not as centre stage as we would usually expect. So, does that mean it doesn’t matter for investors, or should be thinking about it and positioning themselves for the outcome? Does it even matter if Trump or Biden wins, as long as the Fed keeps printing and stimulus keeps coming, and would any decisive win be better than a disputed result? On this week’s podcast, Simon Lambert, Georgie Frost and Sarah Davidson, discuss the US election and what it could mean for our money over here in the UK. And if two septuagenarians arguing about who is going to be the boss of the free world isn’t your thing, what about investing in the future beyond that? Keeping on the investment tip, the team dive into the world of green money and how to invest to back improving the world, or even get a green mortgage or current account.
The pandemic has necessitated a partnership approach across UK government, business and unions. This has drawn unions into the process of policy formulation, shining a new spotlight on their activities.
Peter Urwin is joined by Professor of HRM and Employment Relations at Sheffield University Management School, Richard Saundry, who draws on a wealth of experience (including his first job in 1988 at NUM headquarters in Sheffield, and a career working with government, unions and employers) to discuss the role of unions in the past, present and future.
Peter and Richard discuss how unions have done so far, and question whether any benefits to the union movement will persist beyond the pandemic – or whether it will simply return to an “us and them” scenario. Can unions build on this apparent volte-face, to reverse a decline in influence on the employment relationship?
Hosts Franz Buscha and Matt Dickson talk to Nadine Smith, Director of the Centre for Public Impact. Prior to her current role, Nadine was a civil servant at the Cabinet Office for many years, working at the centre of UK government at the intersection of policy, politics and communications. Franz and Matt begin by asking Nadine about the mission of the Centre for Public Impact and how they look to influence policymakers and improve government. The conversation considers the problems that arise when public service provision is marketized and driven by performance targets and league tables, and how many systems might be redesigned to be more responsive to the needs of citizens. Nadine, Franz and Matt then go on to discuss the possibilities for greater citizen involvement in decision-making – and the ways in which we could potentially introduce more deliberative democracy in the UK.
After a great deal of fuss about air bridges and people being able to go on summer holiday, things suddenly changed last weekend. A swift about turn saw a 14 day quarantine period imposed for those arriving in the UK from Spain at just six hours’ notice, hitting tens of thousands of holidaymakers who are there already, those with trips booked and leaving Britons hoping for some Spanish sunshine stuck in travel limbo… again. So is this the end of summer holidays for 2020? Are holidays to Spain off the cards for some time, and can you go to France, Italy, Greece or anywhere else safe in the knowledge you can come home and not have to take an extra fortnight off work? On this week’s podcast Georgie Frost – in Spain and facing a 14 day quarantine if she can get back – is joined by Simon Lambert and Grace Gausden to talk holidays, travel insurance, refunds, air bridges and whether even a staycation is safe. Plus, as savings rates take another tumble should you lock your money away for five years at 1.1 per cent just to protect against further falls? And finally, is buy-to-let back? A stamp duty cut, low rates and a weaker property market has got property investors interested again but are they saving money now just to lose it in future?
In the first episode of this new series looking at how Coronavirus has affected the working landscape, Peter Urwin is joined by Len Shackleton, Professor of Economics at the University of Buckingham.
Experience of previous pandemics suggests current restrictions may last until summer 2021. The UK government's policy response has limited the hardship of lockdown and lessened initial negative impacts on employment. However, there is now a question of how we revive the economy and recover previous levels of employment. In this interview, Prof. Len Shackleton argues that spending on job retention and other schemes have been useful “sticking plasters”, but the key to sustained recovery is the creation of new jobs by the market. They consider specific areas of the economy where Prof Shackleton argues that deregulation is needed to free enterprise and drive jobs growth; comparing this to the use of job subsidy programmes for the unemployed, and other government funding aimed at incentivising companies to take on staff.
In this episode of Policy Matters, hosts Franz Buscha and Matt Dickson discuss a non-COVID-19 policy topic that has been prominent in recent months following the recent Black Lives Matter protests: the ethnic inequalities that exist in socio-economic outcomes in the UK. Examining the issue from an academic viewpoint, Franz initially explains how labour economists define discrimination and how theoretically classical economics would expect labour market discrimination on the basis of race or gender to be eliminated by market forces. Matt and Franz go on to discuss how reality clashes with this theory, setting out the extent of contemporary ethnic and gender pay inequalities and some of the issues with analysis that seeks to explain away the large differences in pay between men and women and between white workers and those of other ethnicities. The discussion continues by looking at studies directly highlighting discrimination in hiring in both the UK and the US, before concluding with thoughts on what policymakers could do to address these longstanding inequalities.
The showstopper was a big stamp duty cut, the important element was about keeping jobs afloat, and the rabbit out of the hat was a great British meal deal. But the question is, was Rishi Sunak splashing the cash in the summer statement enough to get the nation’s confidence back in the wake of the coronavirus crisis, or will real recovery require more down the line? On this week’s podcast, Simon Lambert, Lee Boyce, and Georgie Frost run the rule over the Chancellor’s performance (spoiler alert, he’s good) and the substance of his speech (you’ll have to listen to the show for the verdict on that). They also ask the awkward question of how are we going to pay for all this – and does that even matter right now? Plus, was that a killer blow for the ‘bad tax’ that is stamp duty; will a £1,000 bung be enough for a company to keep someone in work; how badly will the hospitality industry be hit; and just how crazy would you have called someone who forecast at the start of the year that by summer we’d have an official Eat Out to Help Out scheme? Listen to the podcast to hear the team’s verdict on all this and more.