@Sarahsarnie Profile picture

Sarah Arnold

@Sarahsarnie

Responsive policy @TheKingsFund. Formerly: @TheBMA, @NEF. Health, economics and health economics.

Joined March 2012
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Sarah Arnold Reposted

The government seems committed to thinking about how its health mission can support growth – but will it be a reciprocal relationship or a one-way street? Read @Sarahsarnie's new blog: kingsfund.org.uk/insight-and-an…


Sarah Arnold Reposted

The real #Zahawi scandal isn't that he failed to pay £3.7m on his £27m, it's that he was only supposed to pay £3.7m. That is a lower tax rate than someone working full time on minimum wage #TaxTwitter theguardian.com/uk-news/2023/f…


Sarah Arnold Reposted

The govt claims it cannot give nurses and other public sector workers a decent pay rise because it has no money and it would be inflationary. The influential @martinwolf_ in the @FT has now joined other economists in disagreeing. Why? 🧵/1 on.ft.com/3v13mId a


Sarah Arnold Reposted

Buried in the footnotes of Jeremy Hunt's Autumn Statement is a massive tax cut on bank profits. Surcharge cut from 8% to just 3%.

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Sarah Arnold Reposted

This is why we have strikes. Latest inflationary squeeze comes after big fall in real incomes since GFC ⁦@FT

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Ouch

From our new report - the living standards crisis will stretch well beyond this winter into next year. Real earnings are forecast to continue falling until at least mid-2023, by which time all real pay growth since 2003 will have been wiped out

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Sarah Arnold Reposted

New labour market stats. Real pay growth at its worst since current records began. Real pay has dropped by 4.1% (£23 per week) compared to same period last year. Record falls in both private sector (-3.4%) and public sector (a massive -6.7%, or £40 per week).

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Sarah Arnold Reposted

Question I'd like all potential Conservative leaders to answer (RT if agree) The energy price cap's predicted to rise 64% in Oct taking a typical bill to £3,244/yr; & rise again in Jan to £500/yr more than when May's help package was announced. What'll u do to avoid this & when?


Sarah Arnold Reposted

Not sure the fixation with 1970s as a period economic gloom is merited - I'd be more afraid of repeat of 2010s @ONS shows annual real wage growth was: - 2.9% in 1970s and 1980s - 1.5% in the 1990s (roughly half) - 1.7% in 2000s - Almost 0% in 2010s bit.ly/3tTq8Bs

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Sarah Arnold Reposted

A useful stat to bear in mind while the pay of public sector workers is in the news. In April 2022, average pay in the private sector was 4.3% higher than in January 2010, after adjusting for inflation. That's pretty poor. But in the public sector, it was 4.3% LOWER.


Sarah Arnold Reposted

NEW REPORT: Inflation is mainly driven by global factors. But many corporations have increased their profit rates while people's wages are not keeping up. @chrishayes and I find that UK aggregate profits were up 34% at the end of 2021. Covered in @thetimes this morning. (1/6)

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Just received probably the worst product substitution I've seen @sainsburys

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Sarah Arnold Reposted

Real-terms total pay in private sector rose 1.4% year-on-year in the 3 months to April. But it fell by 4.7% in the public sector. Recessions are generally a good time to be employed by the government. Periods of unexpectedly high inflation are not.


Sarah Arnold Reposted

Staggering new data from the Competition and Markets Authority new report. From 2008 to 2020 - Top 10% of most profitable firms mark-up increased from 58% to 82%. Meanwhile, real + nominal wages on average have grown by 0%. #CostofLivingCrisis?

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Sarah Arnold Reposted

Life expectancy in England's poorest areas is now at its lowest level since @ONS began comparing by deprivation. It's a "sickening increase in health inequality" according to @IPPR bigissue.com/news/social-ju…


Excellent summary of the challenges with NHS workforce planning 👇- the solution is to be as transparent as possible and plan for a range of scenarios, in order to make the best decisions we can.

From our new report - the living standards crisis will stretch well beyond this winter into next year. Real earnings are forecast to continue falling until at least mid-2023, by which time all real pay growth since 2003 will have been wiped out

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