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The Latest Breaking News from Resolution Foundation

‘1.3 million families facing cost-of-living crisis with no savings buffer’

The Resolution Foundation said some hope friends or family will bail them out if necessary, while others will simply be unable to cope.

The Independent UK

One million families have no savings to fall back on as cost of living bites

The Resolution Foundation has warned a quarter of struggling households won't be able to cope due to surging energy bills - which are due to go up again this winter

Daily Mirror

Labour blasts desperate Tory leadership candidates for 'taking flamethrower' to own rules

Shadow chancellor Rachel Reeves lashed out at candidates who have made a swathe of promises, saying the public has witnessed a "Tory tombola of tax cuts, with no explanation of what public services would be cut or how they would be paid for"

Daily Mirror

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Average UK household £8,800 a year worse off than those in France or Germany

Thinktank blames inequality and poor productivity as CBI calls for investment policies to fuel growth

The Guardian - UK

UK families ‘nearly £9,000 worse off than in comparable countries’

A report by the Resolution Foundation and LSE found the incomes of the poorest UK households are 40% behind counterparts in similar economies.

The Independent UK

Families facing income woes on a par with Greece and Cyprus? That’s ‘global Britain’

A new report shows household income growth in the UK has plummeted. This is hardly the prosperity we were promised, says Guardian columnist Polly Toynbee

The Guardian - UK

EasyJet operations chief quits; petrol hits new high; Suez Canal’s record revenues – as it happened

EasyJet’s chief operating officer Peter Bellew resigns amid growing anger over flight disruption

The Guardian - UK

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The Northern Agenda: Mind the income gap

Read the Northern Agenda newsletter for Monday June 27, 2022.

Manchester Evening News

Levelling up Greater Manchester requires 'tens of billions' more than Government is planning to spend

A new report claims 'tens of billions in investment, more graduates and thousands of extra workers' were needed

Manchester Evening News

Nottingham has lowest disposable income per person in UK, think tank research finds

It is four-and-a-half times lower than the richest area

Nottingham Post

Levelling up needs billions more than Government offering, says think tank

The Resolution Foundation said closing the gap between London and the UK’s cities needed far more investment than the Government was contemplating.

The Independent UK

Does David Frost’s claim that Brexit is working stack up?

Analysis: From the economy to Northern Ireland protocol, former chief negotiator has given his verdict

The Guardian - UK

Food and fuel fire highest inflation for 40 years

Good news! The rate by which prices are rising is increasing but by less than in previous months. Yes, that still takes inflation (9.1 per cent) to a 40-year high and sure, the Bank of England is forecasting 11 per cent by the autumn. But you take your wins where…

Evening Standard

Brexit effect will lower wages by nearly £500 for a decade and devastate Scottish fishing industry

A damning report in the long-term effects of Brexit shows that wages will be hit and singles out the Scottish fishing industry for particularly painful 'adjustment'.

Daily Record

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The National (Scotland)

Boris Johnson repeats false tax claim about Scotland in PMQs snipe at SNP

BORIS Johnson has again been accused of peddling falsehoods in Parliament after falsely claiming taxes are higher in Scotland than in the rest of…

Chronicle Live

North East set to take the hardest hit from Brexit, report says

Report from the Resolution Foundation says that Brexit has damaged Britain's competitiveness and will hit wages in the years ahead

Evening Standard

Brexit will hit workers’ real wages by nearly £500-a-year

Brexit will hit workers’ real wages by nearly £500-a-year and damage Britain’s competitiveness, according to a new report on Wednesday.

The National (Scotland)

Report reveals how much Brexit will cost Scots workers in next decade

BREXIT will lead to a “poorer and less productive” UK in the decade ahead, with workers in Scotland predicted to lose out the equivalent of…

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news in one place.

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The Independent UK

Brexit will keep wages down and make UK poorer in decade ahead, study finds

Real pay set to be £470 lower per worker each year, say top economists

The Guardian - UK

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

Daily Mirror

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

The Guardian - UK

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 Independent UK

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 Guardian - 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 Independent 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

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