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...“When Europe is hit by a shock, it is fragmented, so it doesn’t respond as coherently as the US,” said Yannis Stournaras, governor of Greece’s central bank....
...“We don’t just need to change the sick note, we need to change the sick note culture so the default becomes what work you can do — not what you can’t,” Sunak will say....
...We urgently need to put new guardrails in place to protect workers,” said Kate Bell, the TUC’s assistant general secretary, adding: “The UK can’t afford to drag its feet and become an international outlier...
...But Saunders said calling the review a “once-in-a-generation” opportunity could be a mistake, adding: “This shouldn’t be the last word for the next 25 years....
...Nicholas Le Riche, partner at law firm BDB Pitmans, said the judgment “conclusively confirms that employers can’t disincentivise individuals from taking lawful industrial action”....
...“Harassed workers are being systematically failed, not only by bad bosses who don’t care but also by a government that deliberately lets employers ignore such forms of harassment with impunity,” said Sharon...
...“We want to see that this isn’t a lottery for workers — with safeguards embedded in the structure of the scheme,” Granada said....
...“We’re operating within budget constraints and offering incentives wouldn’t work within the budget,” said Chris Manning, programme manager for the CES programme....
...“It’s a ‘don’t throw the baby out with the bathwater’ thing,” she said. “We can identify ways to reform it that won’t harm economic activity.”...
...He added: “I don’t think markets really believe them. That is the problem.”...
...I just don’t think the headline figures give a good guide to the persistence.” He added: “This is a long, slow process.”...
...Tomasz Wieladek, chief European economist at T Rowe Price, estimated that the latest rise in UK gilt yields would raise government interest costs by about 0.1 per cent to 0.15 per cent of gross domestic...
...“You don’t really make friends in New York.”...
...We haven’t ignored that,” Bailey said. But he added: “The depth and breadth of the work we do will be trimmed back somewhat. We will focus on core financial stability risks . . ....
...“The UK labour market hasn’t received its usual January injection of job postings,” said Jack Kennedy, senior economist at Indeed UK....
...“We don’t need obviously inflation to come back to target before we cut interest rates,” Bailey said. “I must be very clear on that, that’s not necessary.”...
...“Consumers discipline what firms can price — they can’t pay for it . . . or they choose not to,” she said....
...“A promise was made and it hasn’t been fulfilled”, Blackwell said. “It’s hard working when you have young children and in April we thought things would be just that little bit easier.”...
...He added: “It doesn’t mean to say it’s good, doesn’t mean to say it’s bad, but you need to understand the implications.”...
...It didn’t add up to the industrial and workforce strategy we really need.”...
...I won’t necessarily hold my breath. Delphine Strauss, thanks for joining us. [MUSIC PLAYING] We usually round up with Political Fix stock picks....
...One official said: “To have people talking about recession in an election year isn’t good for Rishi Sunak. His selling point was supposed to be that he knew how to run the economy.”...
...“We’re thinking more about the long-term relationship between regulators and countries, in a way we hadn’t had to do,” he said....
...Paul Nowak, general secretary of the TUC, said the move to try to reverse the ban was “spiteful, cynical . . . and won’t work”....
...But again, the focus doesn’t fall where you might think....
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