We can and must rebalance the economy. Here’s how | Tom Kibasi

From rising rents to stagnating wages, millions struggle in Britain's skewed system. My thinktank has some answers

Today, most people in poverty are in working households. Despite near full employment, pay continues to stagnate for the majority of people, even while growth has occurred. The nations and regions of the UK continue to diverge. For many, work is precarious as well as poorly paid: nearly a million people are on zero-hours contracts and many more are in bogus self-employment, where employers have simply sought to shirk their responsibilities. It is a state of profound economic injustice.

That's why the message of the Institute for Public Policy Research commission on economic justice, which I chair, is that the economy needs fundamental change.

Related: UK wage growth slides to lowest rate in six months