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The Latest Breaking News from Resolution Foundation

‘Cost of housing’ crunch looms for low-income families, warns Resolution Foundation

Thinktank calls on chancellor to end housing allowance freeze with typical two-bedroom household facing £158 week shortfall amid rent rises

The Guardian - UK

Scotland's largest offshore wind farm 'paid to turn off most of time', report says

SCOTLAND’S largest offshore wind farm was paid to shut down instead of generate electricity for almost three-quarters of 2024, according to a…

The National (Scotland)

UK politics: Andy Burnham pressed on borrowing costs and spending at first PMQs – as it happened

Burnham faced questions from Kemi Badenoch and other MPs amid speculation over budget

The Guardian - UK

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Fund defence spending from tax rise on middle earners, thinktank tells Healey

Resolution Foundation argues that UK’s internationally low ‘tax wedge’ must rise to pay for defence ambitions

The Guardian - UK

UK productivity growing faster than official figures suggest, thinktank finds

Resolution Foundation suggests economy may finally be emerging from shadow of 2008 financial crisis

The Guardian - UK

Think Tank to Andy Burnham: Britain's £330 Billion Crisis Won't End Without Painful Tax and Pension Changes

Weak growth, ageing population and rising ill‑health fuel Britain's fiscal crisis, as Resolution Foundation urges tax and pension reforms under incoming PM Andy Burnham.

International Business Times UK

Reversing UK employment tax rises ‘would do little to help young people find jobs’

Resolution Foundation calls for extra funding for apprenticeships and increase in number of youth support grants

The Guardian - UK

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Labour urged to ‘call time’ on the triple lock to cut welfare spending

The cost of the state pension guarantee is ‘exorbitant’, researchers warn

The Independent UK

UK has wealthy Europe’s ‘third-highest’ rate of young adults not in work or study

Resolution Foundation report says ‘crisis’ stems from rising ill-health and a failing system of benefits and job support

The Guardian - UK

Higher energy prices will leave UK households £480 worse off this year, experts warn

The damage to household finances ‘is to a large degree already done’, economists say

The Independent UK

Want to boost the UK’s birthrate? Fix the housing crisis, research suggests

Policymakers should address financial barriers that hinder young people from starting families, says thinktank

The Guardian - UK

Britain’s economic growth to be weakest in a century outside of pandemic and WWII, think tank warns

The UK’s top two economic think tanks – the Resolution Foundation and the Institute for Fiscal Studies – have issued dire warnings over economic growth and borrowing a day after Rachel Reeves delivered her spring statement

The Independent UK

Tax burden heading to ‘uncharted territory’ with risk to growth, OBR warns

Budget responsibility committee member Professor David Miles said there was ‘clearly a risk’ in the historically high tax burden.

Evening Standard

Greater Manchester Mayor Andy Burnham declares support for Sir Keir Starmer

Mr Burnham, long seen as a potential leadership rival to the Prime Minister, also called for ‘stability’ in the Labour Party.

Evening Standard

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The Guardian - UK

UK’s ‘unsung army’ of full-time unpaid carers needs more support, report says

Resolution Foundation finds one in three carers from poorer families unable to work because of responsibilities

The Independent UK

Labour urged to fix Universal Credit with more than 15m households to claim key benefit from April

A Department for Work and Pensions spokesperson said the Universal Credit system was being reviewed, including how claimants can be supported before their first payment

The Independent UK

Deaths set to outnumber births in the UK in 2026 ‘in new era’ that could lead to higher taxes

With birth rates falling, think tank Resolution Foundation said the UK will need to rely on immigration for population growth

The Guardian - UK

Young people bearing brunt of UK jobs downturn, thinktank warns

Resolution Foundation report comes in week when data is expected to show October unemployment rise

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The Independent UK

Reeves’ stealth tax hits low earners harder than ‘sensible’ income tax change, says top think tank

People earning less than £35,000 a year will pay more than if chancellor had raised basic rate by 1p, says Resolution Foundation

The Guardian - UK

Economists warn budget built on ‘shaky foundations’; December UK interest rate cut looks more likely – as it happened

Experts question whether back-loaded tax rises outlined in Wednesday’s budget will really happen

The Independent UK

Top member of Reeves’ Budget team previously backed plans to hit small businesses

Industry leaders say the government ‘would be out of its mind’ to adopt the proposals

The Guardian - UK

Tuesday briefing: Why Labour won’t press the ‘big red button’ to lift 450,000 children out of poverty

In today’s newsletter: The Labour Party recently sounded resolute in its intention to cut the two-child benefit cap. But against an ugly fiscal backdrop, the chancellor may be having second thoughts

The Independent UK

Rent crisis will keep breaking new records without action, Labour warned

Council spending on temporary accommodation has doubled in a decade to £2.8bn, a new report shows

The Guardian - UK

Reeves considers breaking manifesto pledge with income tax rise to fill £30bn gap

Exclusive: Treasury discussions include possibly adding 1p to basic rate or raising higher or additional tax rates

Evening Standard

Share of low-paid workers in UK hits record low while gender pay gap narrows

Data from the Office for National Statistics also showed that average earnings have risen this year.

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