Has the Bank of England found a magic money tree?
Pandemic spending raises fiscal deficit concerns. Investment in sustainable social resilience is key to long-term recovery.
UK Policy Briefing
Women’s Budget Group Pre-Budget Briefing, March 2012: Plan F, a feminist economic strategy to stimulate social and economic recovery.
Austerity has had a devastating impact on the poorest households and on women. By 2020 the living standards of the 10% lowest income households will fall by an average of 21%, more than five times as much as the cut to living standards of the top 10%. Women are hit harder than men and households headed by women such as lone parents and single female pensioners are hit hardest, both being about 20% worse-off on average in 2020.
In place of austerity the UK Women’s Budget Group, together with the Scottish Women’s Budget Group, propose PLAN F, a long term feminist economic plan to invest in creating a caring and sustainable economy that prioritises care for people and for the planet.
This would mean:
Pandemic spending raises fiscal deficit concerns. Investment in sustainable social resilience is key to long-term recovery.
Join Rebecca Omonira-Oyekanmi in discussion with policy experts, on what a gender-equal economy with wellbeing at its core might look like.
Ellie Martin provides a personal reflection on the integration of feminist economic perspectives within the economics curriculum.
WBG’s response to the Bank of England’s interest rate announcement.