The IPPR should be thanked for identifying our failures as an economy on the cusp of a ‘decade of disruption’. While a picture can be painted that Britain is doing all right, this does not reflect many people’s experience. While the scale of the analysis is to be praised, the commission has not outlined the scale of the solution. At the root of the UK jobs crisis is the City’s role in the decline of the absolute number of middle-skilled positions. The financial industry is just too big for the good of the economy – leaving Britain bereft of an industrial base and unable to generate millions of jobs.

Source: The Guardian September 10, 2017 19:07 UTC