John McDonnell MP Blog Headlines
“The discussion of the challenges for the modern world of work posed by the so called ‘gig economy’ are nothing new. They represent an age-old threat to diminish the hard-won workplace rights, terms and conditions offered by full-time employment.
“However, as technology changes so too does the nature of the threat to job security in the new world of work. That is why it’s exciting to see the ideas and the discussions on how we can help build the economy and society of the future that secures sustainable, well paid jobs.
“Rather than running away from innovation and technological advances, we need to see where we can use them to adapt to the challenges they may present to full-time work.
“The power that these changes in technology give us all is the ability to pool our collective talents and skills and produce wealth not just for the benefit of a tiny handful at the top, but for all of us. It can help us mitigate the potential growth in the ‘Uberisation’ of the workplace.
“Digital technology means there is no longer a convincing reason to allow the wealth of society to be taken by a tiny elite, instead of shared for the many. The old rules...
“I welcome this report, which has been produced by some of the leading experts in our country who have worked closely with the Treasury. Labour will be responding in full in the coming weeks to the review.
"Labour asked Sir Bob Kerslake to head up a review into the Treasury because we needed to have a serious and thorough examination of one of the most important pillars of government, and the cornerstone of economic policy making in our country.
"The Treasury is our most important economic policymaking institution, but one that has been criticised by some for its approach and attitudes.
“This review will help shape Labour's economic policy, as well as being a first important step in setting a new direction for the Treasury in the 21st Century. The views of the former head of the Civil Service are ones that should be taken on board right across the economic and political spectrum in our country.
"As Sir Bob has made clear, we need the Treasury in the 21st century to be not only able to meet the big challenges of the day such as Brexit, but also one that focusses on all corners of our country, so that no one and no community is left behind. Therefore, I am deeply concerned that the review has raised this as...
Labour has set up a “working group” to investigate the radical idea of a basic income and will report back on its conclusions before the next general election, John McDonnell has said.
In an exclusive interview with The Independent the Shadow Chancellor appeared to signal his desire to bring basic income in the party’s manifesto. The concept involves overhauling the welfare state and ditching means-tested benefits in favour of unconditional flat-rate payments to all citizens.
During the summer of 2016 Mr McDonnell, who has been the MP for Hayes and Harlington since 1997, suggested he could “win the argument” on basic income within the Labour party but now he intends to publish a report on the idea with Guy Standing, one of his economic advisers and a founding member of Basic Income Earth Network – established in 1986 to encourage discussion on the topic around Europe.
Speaking about the idea – floated by Benoit Hamon during the socialist primaries of the French presidential elections – Mr McDonnell added: “Interestingly, [Narendra] Modi’s government has brought forward a report in India as well about the need to develop basic income ideas and again see how they can implement it over a period of time. All of a sudden it’s become… an idea whose time may well have come.
“We’ve set up a working group,” he added. “Jonathan Reynolds in my team is now leading on that. We’re working with Guy Standing, one of our economic advisers. What we’re going to do with that again is bring forward a publication and then tour around the country and have discussions with people around that. It’s interesting – the winds have sort of...
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