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The Latest Breaking News from Resolution Foundation

Brexit is making cost of living crisis worse, new study claims

EU withdrawal fuelling higher import costs and costing British workers nearly £500 a year, says Resolution Foundation

The Guardian - UK

Workers' real pay will be cut by £470 thanks to Brexit, damning report says

A study by the Resolution Foundation think tank and London School of Economics details some of the outcomes of the decision to quit the EU - six years after the historic vote

Daily Mirror

How the cost of living crisis is hammering UK households – in charts

Highest inflation rates since the 1980s and wage stagnation have squeezed household budgets

The Guardian - UK

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Working from home did little to alleviate regional disparities, report finds

The Resolution Foundation said prosperous areas have benefited the most from the shift.

The Independent UK

Pay may be up for the UK’s lowest earners, but so are work demands and stress levels

Firms are compensating for higher wages by cutting ‘on-the-job leisure episodes’ and raising work intensity, new research finds

The Guardian - UK

‘Rough justice’: Sunak hands wealthy pensioners £850 while poor families lose out, analysis shows

Increasing benefit payments would have been cheaper and may have been fairer, says think tank

The Independent UK

Boris Johnson confident Tory MPs back him to survive as party leader and prime minister – as it happened

Latest updates: PM says he gave ‘some pretty vintage’ answers on Partygate as ministerial aide quits over ‘culture in Number 10 that was distasteful’

The Guardian - UK

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Inflation rate for UK’s poorest forecast to hit 14% after price cap rise

IFS and Resolution Foundation warn of disproportionate impact of energy prices on low-income households

The Guardian - UK

Sunak races to finalise cost of living response after energy bills warning

Measures could be announced as soon as Thursday as households face price cap rise of more than £800

The Guardian - UK

Millions of Brits could fall into 'fuel stress' if energy price cap soars to around £2,800 in October

Calls for Government to do more to help people in the cost of living crisis as Ofgem boss expects another big increase in bills

Wales Online

There are more jobs than vacancies in the UK for the first time ever

But regular pay has fallen at the sharpest rate in nearly a decade after accounting for the rising cost of living

Wales Online

Net zero drive could help level up areas like the North East, report says

The Resolution Foundation says jobs in green economies could close the productivity gap between regions

Birmingham Post

Gap between inflation rates for richest and poorest households at its widest in 16 years

With the poorest disproportionately hit by the cost of living crisis, senior Tories are demanding emergency action from Treasury

The Guardian - UK

Cost of living gap between rich and poor is highest on record – report

Experts say that low-income families are 'at the sharp end of the squeeze'

Wales Online

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Evening Standard

Ignore the doomsayers, our economy isn’t going to hell in a handcart

Most commentary on the UK economy is relentlessly negative at the best of times, and with the cost of living soaring and the pound sinking these are far from the best of times. So a new report from the Resolution Foundation into the UK’s “Enduring Strengths” makes for a refreshing…

The Guardian - UK

What will Rishi Sunak do about the cost of living crisis?

Analysis: The chancellor has been warned that the UK is heading for a recession, but he is reluctant to act

The Guardian - UK

UK firms report fastest growth in labour market since pre-pandemic

BDO index rises for fifth consecutive month but inflation and Ukraine war could curtail jobs boom

The Guardian - UK

Studying health inequalities has been my life’s work. What’s about to happen in the UK is unprecedented

Poverty is literally a matter of life and death for those on the margins, and the government has so far failed to step in, says Michael Marmot, director of the UCL Institute of Health Equity

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The Guardian - UK

British Gas doubles emergency credit for those on pre-pay meters

Supplier to allow customers to use energy up to £10 over their pre-payment, after hike in energy prices

The Guardian - UK

UK recessions risks on the rise; global trade hit; Russia edging closer to default – as it happened

Rollng coverage of the latest economic and financial news

The Independent UK

Cost of living crisis will lead to increase in youth violence, experts warn

‘There’s a danger that food and hunger’ will be used to snare young people into gangs, former top Met officer warns

Manchester Evening News

Some of the country's poorest families could miss out on £150 council tax refund

'There are no easy ways to protect people from rising bills in the current climate'

Wales Online

Nation's poorest families could miss out on £150 council tax refund

It is feared some landlords won't pass the benefit on

Evening Standard

2.5 million families tip into ‘fuel stress’ as energy price cap rises

Another 2.5 million households could experience “fuel stress” come October, taking the total number of families paying more than 10% of their income towards energy to 7.5 million

The Guardian - UK

Energy price cap rise hits British bills as unions call for ‘emergency budget’ – as it happened

Live rolling coverage of business, economics and financial markets as energy costs rise and criminal investigation opened into P&O Ferries

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