This is part of a series of posts on UK policy. Find out more here.
Economy, Business & Trade Consultation document available at Scribd.
Statistics on the UK Economy available from the FT (free account required).
How has modern employment changed in recent years?
Conservative led governments since 2010 have faced a problem; they’ve been trying to reduce government spending against a backdrop of low private sector investment and aggregate demand. If they reduced spending they’d create unemployment, which they’d have to pay for through the social security system.