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The Chancellor’s coronavirus rescue plan for the British economy has been bold and big, but one important part of the workforce feels somewhat hard done by. A chunk of the self-employed have been excluded from Rishi Sunak’s support in a way that employees have not. More than 9million employees are having 80 per cent of their wages up to £2,500 a month paid by the taxpayer under the furlough scheme, with no limits barring high earners from help. In contrast, anyone who is self-employed and has made more than £50,000 in recent years gets no help whatsoever. Those hit by the £50,000 cap are not the limited company directors who can pay themselves in dividends, they are sole traders paying national insurance and income tax in full on their earnings. At a time when the government is throwing hundreds of billions of pounds at the coronavirus crash to support people and boost the chances of recovery, is it fair to exclude this group of the self-employed? On this week’s podcast, Simon Lambert, Georgie Frost and Tanya Jefferies look at how this has happened and whether there is any hope left for those affected that things might change. Tanya also updates listeners on her ground-breaking investigations into widows underpaid state pension, which have seen her win tens of thousands of pounds back for those who got less than they should have. Simon reveals the best and worst performing funds of the year so far and tries to tackle the question of whether the US stock market can just keep on trucking. And finally, recent podcasts have featured how Britain has gone mad for hot tubs in lockdown but there is a new hot property in town – the awfully-named ‘shoffice’.

In this episode of Policy Matters, hosts Matt Dickson and Franz Buscha talk to Neil Davies, Senior Research Fellow at the MRC Integrated Epidemiology Unit, University of Bristol. Neil is a statistical epidemiologist, so Franz and Matt begin by finding out what life has been like for an epidemiologist since the COVID-19 pandemic began. Neil then explains his recent work showing how some of the myriad statistics we’re seeing relating to coronavirus suffer from their survey design, which can generate misleading apparent relationships between COVID-19 risk and individual characteristics, such as smoking. Next, Neil explains the statistical technique known as ‘Mendelian Randomisation’; which uses natural variation in our genes to help understand how health conditions and other individual characteristics impact on health and other social and economic outcomes. Matt, Franz and Neil go on to explore some of Neil’s recent research using this technique, which shows how education and intelligence impact the risk of developing Alzheimer’s disease, how BMI affects later outcomes, and why continuing longer in school might lead to increased costs at the opticians!

The Chartered Institute of Personnel and Development’s (CIPD) Good Work Index provides a snapshot of UK working lives, including opportunities for homeworking and job flexibility as we went into lockdown. In this interview, Peter Urwin speaks to Jonny Gifford, Senior Advisor for Organisational Behaviour at the CIPD. He describes how UK job quality indicators compare to those of other countries; arguing that any encouraging headline figures hide concerns over UK job quality inequality. They consider the role of government and employers in tackling such inequality, and flag worrying trends in UK work-life balance. For instance, recent years have seen a decline in reported wellbeing from the UK Working Lives survey – and the latest instalment of the survey allows us to ask how this, and other trends, has been impacted by the pandemic.

In this episode of Policy Matters, hosts Franz Buscha and Matt Dickson talk to Simon Burgess, Professor of Economics at the University of Bristol. With COVID-19 and all the policy responses to it still very much at the forefront of public policy, Franz and Matt begin by asking Simon about the likely impact of school closures on child attainment, how this may affect existing socio-economic inequalities and what policymakers could do to tackle the issue once schools settle back to “normal”. The additional problems of replacing GCSE and A-level exams with teacher assessments are also considered, along with the difficult situation facing graduates finishing university this year. The discussion then moves on to Simon’s research into the impact of students’ effort on their educational outcomes. Simon explains how international football tournaments and school visits from Michelle Obama have provided insights into the huge effect that students’ effort can have on their results – and how policymakers might harness these findings.

A This is Money investigation has revealed a string of women who have been underpaid their state pension, but are they just the tip of an iceberg? On this week’s podcast, our pensions agony uncle Steve Webb and pension and investing editor Tanya Jefferies tell the stories of the women paid thousands less in state pension over the years than they should have been - and discuss their probe into the matter. Steve estimates that there could be tens of thousands of women who have been underpaid state pension. This is Money has called for a full review, but the Department of Work and Pensions is reluctant to act other than on a case-by-case basis. Should more be done? Also, on this week’s podcast Simon Lambert and Georgie Frost discuss the reopening of the property market, who might be brave enough to buy and sell now, and what the forecasts are for sales and house prices. Estate agents Knight Frank predict a 7 per cent drop, while the Bank of England says property prices may fall 16 per cent, but agents claim that lockdown has created pent-up demand. And, as the furlough scheme is extended, we look at the implications of 7.5million people having 80 per cent of their wages picked up by the state and how Britain weans itself off that.

Over two months into lockdown here in the UK, you may well be wondering when life is going to get “back to normal” once this is all over – but many are already convinced that things will never be the same. Vicky Sayers is joined by Ian Jenkins, CEO of Intrinsic Insight and author of a report projecting how behaviours could change following the COVID-19 outbreak, to talk about what the “new normal” might look like.

In this episode of Policy Matters, Matt Dickson and Franz Buscha join the show from their respective homes as the country continues to adjust to life and work during lockdown. With the global COVID-19 pandemic currently dominating almost all policy areas, Franz and Matt discuss how different countries have tackled the outbreak and what lessons can be drawn from the more successful approaches. They move on to explore the economic impacts that have been seen already, the rationale behind the Government’s unprecedented series of economic policy interventions, and what we can learn from previous recessions about how we might get out of the one we’re now in. They also ponder the likely effects of the crisis on the labour market – in particular, the graduate labour market.

In this episode of Policy Matters, hosts Matt Dickson and Franz Buscha talk to Arnaud Chevalier, Professor of Economics at Royal Holloway, University of London. Franz and Matt start by asking Arnaud about several of his projects examining how parents influence their children’s educational attainment, as well as why the fall of the Berlin wall led to a dip in school results. The discussion then moves on to higher education; Arnaud explaining how the ethnic and linguistic mix in a classroom impacts attainment, with wider implications for managing migration. Finally, Franz and Matt talk to Arnaud about his work on the MMR vaccine crisis of the late 1990s – and how education impacted responses to public health information. Plus, we hear Franz’s musings on a possible alternative life as a farmer…

In this episode of Policy Matters, hosts Matt Dickson and Franz Buscha talk to John Jerrim, Professor of Education and Social Statistics at the Institute of Education, University College London. Matt and Franz begin by asking John about his recent research into ‘overclaiming’ – otherwise known as ‘bullshitting’ (!) – amongst students, and how the findings give potential insights into some of the patterns of labour market outcomes we observe in the UK. John then discusses some of his cross-country comparative work and explains the “Great Gatsby Curve”; linking a country’s level of income inequality and degree of social mobility, and the role of education within the relationship. The programme ends with a discussion of the role of academic quantitative social scientists in informing public policy, how evidence can be mishandled, and how academic practice and the interface with policy might be improved to the benefit of all.

It’s Brexit Day – and whether you voted leave or remain, are celebrating, or commiserating, we wish you a happy one. After 11pm on Friday 31 January 2019, Britain is officially no longer a member of the European Union. The big question is, what happens next? On this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost discuss both what Brexit means immediately for consumers and travellers, and how things may pan out for the economy and our finances over the year ahead. Where do we stand on Ehic medical cover in Europe, driving on the continent, mobile phone roaming, flight compensation and expat pensions? And what will the trade discussions on our future relationship with Europe and the rest of the world mean for the nation’s finances, businesses, inflation, the pound and interest rates? Also on this week’s podcast, the team dive much deeper into house prices than the usual survey, with a look at 174 years of property affordability and whether we can learn anything from a 70 year period when they got cheaper. They discuss Neil Woodford’s investors getting some money back and finding out how much they have lost so far and the curious case of the Lloyds customer of years who won a surprise bumper PPI payout that proved to be the ultimate loyalty penalty for being ripped off.