WetAugust....
How many recessions do you know started with the lowest Bank of England Base Rate since the BoE was formed in 1600 and numpty five, whatever? Usually Base Rates rise over double digits, we get a relatively quick major job loss, and as conditions hit bottom, interest rates start falling and people start hiring again - this one was completely ass-about-face, yet we are dong better than every European country, no credit there then.
Re Public Sector, local levels are up to local Hospital Trusts to manage, isn't that all part of this local devolution shit, but overall should be as large as it needs to be - but with all the increased demands on it, its tough to know where that is, especially in the NHS and schools. What were you in the 1990's, I'd guess a prison guard. lol
THis post story if hiring in 2016, is a non story, get over it.
The Lib Dems/Clegg do not have to teach Conservatives how to lower taxes, they did from 1979 to 1997 from very high 1978 punitive levels, but I'll grant most of the worker reforms were prob theirs.
Labour cancelled the 10p starting income tax rate rate into a recession that 'real' pay rates were falling from around 2008, and put up NI before left, there would be no new factories and even worse unemployment, and cost of living crisis, so thats what it has to do with it - that was the choice in 2010, UKIP didn't know what the hell they were doing re any additional cuts in their manifesto, they still don't, all givaways.
Big Business tax dodgers as the rich, Osborn had cut many loopholes, the OECD is trying to get all countries to agree, to cut others - no doubt in the 'Cult', a Farage decree 'There will be no tax dodgers' will close every tax loophole in the world, not just any left in the UK - as if you don't close them globally, it only takes one for them, for many to register a Head Office there.
Re pay, how do companies in competition here and internationally compensate via the payroll for external forces e.g. the price of homes, mortgages/rents, a Council Tax going up 110% over 13-years - pricing their goods above the market place until go out of business?
Isn't that why we lost most of our industry in the 1970's, and if so easy to 'create' jobs, why did we lose 1 million manufacturing jobs from 1997 to 2005, during a low interest rate, consumption, global boom??