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The UK headline labour market indicators compare well with OECD averages. At the end of 2016, the UK unemployment rate stood at 4.8% against the OECD average of 6.2%, and the UK employment rate at 65.5% was more than 4 percentage points above the OECD average.
In a letter to British Prime Minister Theresa May, OECD Secretary-General Angel Gurría wrote today:
People of my generation grew up with a set of intuitive assumptions about human progress: hatred and prejudice would give way to reason, democracy would displace authoritarianism, and the economic good times would roll and roll.
The tax burden on labour income is expressed by the tax wedge, which is a measure of the net tax burden on labour income borne by the employee and the employer.
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The United Kingdom had the 27th lowest tax wedge among the 35 OECD member countries in 2016. The country occupied the same position in 2015. The average single worker in the United Kingdom faced a tax wedge of 30.8% in 2016 compared with the OECD average of 36.0%.
These country specific notes provide figures and commentary from the Taxation and Skills publication that examines how tax policy can encourage skills development in OECD countries.
Foreign bribery enforcement in the UK has increased significantly since 2012 notably thanks to the pragmatic and effective approach taken by the Serious Fraud Office (SFO) to investigate and resolve foreign bribery cases.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in the United Kingdom.
Wales should continue its efforts to reform the curriculum and raise the standards of teaching in order to improve the quality and equity of its school system, according to a new OECD report.