Digital winter of discontent: Reform is not an excuse to degrade workers' rights

Mindset is driven by profiteering

clock • 4 min read

From the timber-panelled warmth of our boardrooms and suburban bunkers we can observe a growing cold front is upon the UK economy.

Inflation and recession are firmly gripped and workers are in revolt. We can thank ourselves for a decade of inflationary and hubristic policy that has bubbled tech-led markets and over-funded technology development at the expense of under-funding our staff. This winter has seen something of a return to a ‘winter of discontent': union strikes, spiking food and fuel inflation, falling productivity and recession. A decade of austerity in public services combined with sluggish wage inflation (among the G7) combined with stretched-work-patterns had left the UK workforce emaciated both ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Reeves to create LGPS and DC 'megafunds' in Mansion House growth bid

Reeves to create LGPS and DC 'megafunds' in Mansion House growth bid

‘Biggest pension reforms in decades’

Martin Richmond
clock 14 November 2024 • 3 min read
Effectiveness of Labour's immediate CGT hike under question

Effectiveness of Labour's immediate CGT hike under question

Autumn Budget 2024

Jen Frost
clock 06 November 2024 • 3 min read
What to expect at the upcoming Autumn Budget

What to expect at the upcoming Autumn Budget

Round-up of potential reforms

Investment Week
clock 25 October 2024 • 1 min read
Trustpilot