Matthew Lynn Matthew Lynn

The flaws in Labour’s plan for a four day week

Free university for students. Free shares in your company. And now plenty of free time, with one day less in the office or the factory every week. The shadow chancellor John McDonnell hasn’t quite gotten around to promising free Krispy Kreme doughnuts in every shopping mall, abolishing fees for Sky Sports, or handing out Uber vouchers for everyone. But heck, there are still at least three years to go until the next election. It may only be a matter of time.

McDonnell’s latest wheeze for buying more votes is a half-promise to reduce the.standard working week from five days to four. Apparently, with the rise of artificial intelligence, and the onwards march of robotics, we won’t need to spend so much time at work. The machines will do it all for us, and if the government doesn’t step in there won’t be enough jobs to go round and the wealth won’t be shared fairly.

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