Is Labour dragging us back to the 1970s? | The Daily T Podcast

Labour’s long-awaited new deal for workers has finally been unveiled, and in true Starmer style it seems to be a deal that pleases nobody, with businesses in despair and unions saying it doesn’t go far enough.

But with a new report from The Institute for Fiscal Studies claiming that £25bn of new taxes will also be needed to keep public services going - does it all feel a bit 1970s again? Camilla and Kamal dodge the rubbish piling up on the street and the lights flickering on and off to ask who actually wants this new bill and why it’s still going to take another two years to implement.

#politics #world #government

[ds]

Its for the public sector. They do not have to make profits but they are making the rules for their benefit.

[peterfarmer]

Think the tories have already done a good job of doing that!

[danielmcleanfisher]

It’s so much worse. Massive pay increases to the workers in the public sector, tax increases for the private sector to pay for it.

[AliceBowie]

They're going to bring us back to the 1670s.

[jillybe]

God I wish! The seventies were GREAT!!!!

[SharonLeduc]

Clearly tou need to get in a new century. Time to pay people.

[earnestequivocation]

Great to see someone trying to redress the imbalance between employers and employees.
Regulating fire and rehire should be a priority.

[marcela]

Your generation... Am 30 years Old and Trust me I want to be in office rather than pretend that I can actually be able to function from home...

[theworldaccordingtochris]

I hope all the people who voted for Labour are going to enjoy the misery they created with their vote and that they are putting us all through. 😡

[maryfountain]

Several studies done in the US show theres an additional cost to companies having employees working from home. A company operating on 5% profit margin probably can't just absorb a 10% increase in HR operating costs. Plus increasing in the minimum wage and increase in corp tax. The end result a rise in sale prices has other impacts like cost push inflation.

[advocate]

Well said Ahmed - Labour wouldn't know one end of a private biz from the other. I have never seen such little commercial nous from messaging to sequencing to operations to policy. In biz terms they're bleeding cash and heading for bankruptcy. Sadly they'll take everyone else with them. I believe uk will be in recession by January. We were happy to leave uk lst year, but now we're relieved as well as happy. It looks and sounds grim if our WA is anything to go by.

[B-jzfk]

The 1970s is a step forward after fourteen years of the Tories taking us back to Charles Dickens times.

[findlay]

Haha.. His opening statement is so wrong. It isn't whether its is like the 1970s now... Its whether they ARE GOING to drag us to the 1970s...

[GlitterandCrystals]

Labour knows absolutely nothing about private business

[magnus]

we may not have inflation, BUT lidl prices almost doubled in last 3 years explain please, my wages not almost doubled !

[sikugord]

Yes. They are. And it was fu…ing miserable.

[matthewcook]

The echo chamber of anti intellectualism just got bigger. Thanks.

[SlowhandGreg]

Converting from a zero hour contract proposal isn't mandatory from the workers prospective in the proposal.

Someone doing full time hours on zero hour can't get finance, cant get a mortgage and is often denied holiday and sick pay, it has been serially abused by the GiG economy as well as outsource agencies to create a low wage economy.
40% of benefit claimants are in work this is a huge burden on State finances
20 billion was spent on housing support last year again why are the government subsidising a low wage economy through taxation?

[markeast]

Most assuredly. Tax them til the pips squeak and then go crawling to the IMF. Or devalue the £. Labour have become the party of the State.

[TheMagicLemur]

Amusing how both Kamal and Camilla shred the 1970's premise within the first 5 minutes. 😅

The broader point is true though: a mess of red tape... for Renters too.