Analysis

The shortage of HGV drivers has been hitting the headlines, but other sectors are affected by a lack of staff too, from care homes to restaurants. This despite wages going up, and the end of the furlough scheme. What's going on? Could it be that power is shifting away from employers to workers, for perhaps the first time since the 1970s? Since the 2008 financial crisis public opinion has increasingly been unfavourable towards globalisation, immigration and big corporations. This has been reflected in a shift away from an assumed pro-business stance among the mainstream political parties too. Philip Coggan speaks to a range of experts to find out what's been happening, whether workers really will gain more power, and what that might mean for the economy. Guests: Ben Clift, Professor of Political Economy at the University of Warwick Dame DeAnne Julius, Distinguished Fellow for Global Economy and Finance, Chatham House Kate Bell, Head of Rights, International, Social and Economics at the Trades Union Congress