More or Less: Behind the Stats
Is one in four people in the UK disabled?
Apr 2, 2025
Lizzy McNeill, a correspondent specializing in economic issues, joins economist Duncan Weldon to debate whether one in four people in the UK is disabled. They delve into disability statistics and clarify the criteria for classification, challenging common perceptions. The conversation also touches on the broader economic implications of disability on the workforce, as well as government financial policies, providing insights into how these factors affect public spending and individual lives.
26:35
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Quick takeaways
- The introduction of tariffs may disrupt the interconnected auto industry supply chains, leading to higher consumer prices and unintended job losses.
- Recent data shows that while 25% of the UK population reports a disability, only 12% claim related benefits, indicating potential gaps in economic support.
Deep dives
Understanding Tariffs and Economic Implications
The introduction of tariffs, particularly the 25% levy on non-U.S. cars, is linked to complex trade dynamics involving the U.S. and its neighbors. This tariff aims to bolster the U.S. economy by encouraging domestic production, but it could lead to significant price increases for consumers, estimated between $3,000 and $10,000 per vehicle. Critics point out that the intertwined nature of the auto industry in the U.S., Canada, and Mexico means such tariffs could disrupt supply chains and inflate costs for manufacturers. As a result, the tariffs may backfire, increasing consumer prices while undermining the very jobs they intend to protect.
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