Economic Developments: Trade Unions, Young Unemployment, Wealthiest British People Flashcards
What was the total worth of the UK’s wealthiest 1000 people in 1997?
£100 billion
What was the total worth of the UK’s wealthiest 1000 people in 2007?
£350 bilion
What did the wealth increase of the wealthiest 1000 people in Britain show for rich people during Blair’s time as PM?
It showed Blair being Prime Minister was beneficial to them
What did Peter Mandelson say in 1998 about the wealth increase for Britain’s richest individuals?
That Labour was fine with it happening
What percentage of the British workforce were Trade Union members in 2006?
16%
What was the significance of Trade Union members in total by 2006?
It was the lowest amount of Trade Union members since 1945
What development was their for maternity leave?
It went from 14 weeks to 26 weeks
What form of economic committment of New Labour showed an element of Old Labour?
Committment to low employment
What percentage of 16-24 year olds were NEETs in 2005?
20%
What did the percentage of NEETs from 16-24 years old show with Labour youth employment schemes?
They were not working
How much money did Labour put into youth employment schemes from 1997 to 2007?
£5 billion
