The ‘reservation wage’ is an economic term which means the lowest possible amount that greedy bosses can get away with paying people.

A chilling vision of the future has been presented by Tory think-tank Reform who have called for all out of work sickness and disability benefits to be scrapped, even for the most seriously ill, alongside a Jobcentre programme of forced medical treatment.

In a report published this month Reform argue that paying those with serious health conditions more money than those simply on the dole acts as a disincentive to find employment.  Instead every claimant, no matter how unwell, should receive just over £70 a week, although they concede that this should be combined with an increase in Personal Independence Payments – the benefit paid to those either in or out of work which is intended to cover the additional costs of living with a disability.   Many people…