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labour market, distribution of income and wealth, poverty and inequality, market failure and government intervention, economic performance, monetary policy, fiscal policy, supply-side policy.
The Conservative Party is not usually known for its redistributive policies, but in the final years of Rishi Sunak’s ministry, several key policies were introduced to address conflicts in labour markets. These changes prompted some economists to question whether inequality in the UK had peaked. Let’s explore these developments and their potential impact on income and wealth inequality.
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