How pre-distribution could boost the wage share

There has been much discussion of the merits of prioritising ‘pre-distribution’ – of attempting to achieve a more equal distribution of the cake before turning to ‘redistribution’ through tax and benefits.

Spending Review: Osborne to take 10 years to simply get back to 2007/08

Considering the government likes to throw every question they are asked in the chamber back at Labour – i.e. “we’re clearing up the mess left by the last government” – it’s strange how, going by the projections released along with today’s spending review, it’s going to take until 2017/18 for the Tories to be back where the Labour government was in 2007-2008.