Please download the file below to read the South Yorkshire Mayoral Combined Authority Weekly Policy Briefing as of Friday 4 March.
Last week’s key messages
A live Department for Education consultation proposes to reform the student loan system, lowering the interest payable and earnings threshold, and extending the payback window. IFS analysis finds that the exchequer benefits are modest and that, whilst it will reduce the overall cost for higher earners, it will increase the overall cost on lower earnings.
Since the pandemic there has been a significant increase in the number of older workers leaving the labour market before state pension age and this is strongly linked to long term illness and taking early retirement. There are important compositional differences within this, for example BME workers are more likely to be out of work due to illness or caring responsibilities.
A Centre for Cities blog examines the Levelling Up White Paper’s aim to produce several ‘globally competitive’ cities in the UK.
Friday 11 March
Please download the file below to read the South Yorkshire Mayoral Combined Authority Weekly Policy Briefing as of Friday 11 March.
This week’s key messages
The cost of living crisis is worsening. Energy is at the forefront of this as prices soar across the continent. Many households are expected to struggle to cope with the added costs.
The distributional impact of price rises mean that poorest households are facing sharper rises than the average.
Research from The National Centre for Social Research explores “Has the pandemic changed our attitudes?” and finds that there is some more support for welfare improvements and less support for austerity.
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