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Bloomberg Daybreak: Europe Edition

Baldwin: Energy Support Contributing to Labor Shortages (Audio)

7 min • 14 december 2022
Support for UK households struggling with sky-high energy bills may be contributing to labor shortages by discouraging people from seeking work, according to an assessment by the Treasury Select Committee. Its chair, Harriett Baldwin, tells Bloomberg's Tom Mackenzie and Lizzy Burden why she thinks the system needs to change. She also revealed that the IMF has declined to speak to UK lawmakers over its intervention on Kwasi Kwarteng’s mini-budget.

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