A family stimulus: Supporting children, families and the economy through the pandemic
Article
Families in Britain are struggling. Although the job retention scheme and its scaled down successor, the job support scheme, have and will spare some job losses – without significant further government action next year, unemployment could more than double from pre-Covid-19 levels.
This paper makes the case for a “family stimulus” – a much-needed boost to the income of hard-hit families through the social security system and targeted investment in childcare to ensure the continued functioning of the sector.
This will put cash directly into the hands of families and provide a stimulus for the economy, whilst improving outcomes for children.
Related items
Taken to heart: Inequalities in heart disease in Scotland
More than 7.6 million people across the UK live with cardiovascular disease (CVD), around twice as many as live with Alzheimer’s disease and cancer combined.Skills passports: An essential part of a fair transition
This month, government will publish its Clean Energy Workforce Strategy. This plan covers two aims. First, filling the growing demand for skills in clean energy industries is essential to keep on track to reach the government’s clean power…Fixing the leak: How to end the £22 billion annual taxpayer losses at the Bank of England
The Bank of England increased its interest rates over recent years, aimed at reducing inflation. But this has also had an unintended effect on the Bank of England’s massive government bond buying – ‘quantitative easing’ – programme.