UK households to be £1,900 poorer by end of this parliament, say economists Warning comes after Resolution Foundation finds autumn statement favours richest 20% of earners The Guardian - UK · Nov 23, 2023
UK facing ‘elevated’ recession risks as new orders fall; Nissan’s EV boost in Sunderland; Turkey hikes rates – as it happened Latest PMI survey shows a marginal return to growth for UK companies, but falling orders raises recession risk The Guardian - UK · Nov 23, 2023
Hunt’s tax cuts based on ‘implausible’ public spending squeeze – think tanks Economists said the Chancellor’s tax reductions will not prevent this from being the ‘biggest tax-raising’ parliament in modern times. The Independent UK · Nov 22, 2023
Hunt refuses to rule out shock income tax cut amid warnings of revolt if budget favours rich Red wall Tory MPs warn inheritance tax cut would be ‘odd priority’ and viewed as handout for the rich – as chancellor appears to switch focus The Independent UK · Nov 19, 2023
Cashing in? The mortgage-free landlords who are raising the rent anyway Majority of letters with no exposure to rising interest rates are demanding more money in new tenancy agreements The Guardian - UK · Nov 16, 2023
British millennials still bearing scars of 2008 financial crisis, says research Generation Y counterparts in the US have closed living standards gap on previous generations The Guardian - UK · Nov 13, 2023
Interest rate rises caused sharp drop in UK household wealth, report finds Resolution Foundation says higher interest rates have led to a fall in house prices and pension pots The Guardian - UK · Oct 30, 2023
Raise Bank of England inflation target to 3%, says leading thinktank Resolution Foundation also calls for Bank to have power to set below-zero interest rates in response to future downturns The Guardian - UK · Oct 18, 2023
Britain needs economic and fiscal policy ‘reset’ to fight future crises – report The Resolution Foundation is warning the UK is on course for debt to rise to around 140% of economic output over the next 50 years. The Independent UK · Oct 18, 2023
Freezing working-age benefits could save £4 billion but come at ‘terrible cost’ A cash-freeze on Universal Credit and other benefits could plunge an additional 400,000 children into poverty, according to research. The Independent UK · Oct 13, 2023
Rishi Sunak ‘responsible for biggest income tax rise in at least 50 years’ Resolution Foundation analysis claims stealth move of freezing tax thresholds will raise £40bn a year The Guardian - UK · Oct 6, 2023
UK set for biggest tax rise in at least 50 years with £40bn raid – analysis The Resolution Foundation said taxpayers are set to pay £40 billion a year by 2028. The Independent UK · Oct 6, 2023
UK economy hit by ‘renewed signs of stress’ as growth slows; pound at six-month low – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Sep 25, 2023
Great British slowdown has hamstrung our economy – thinktank Country needs successful firms to grow and struggling ones to shrink, says Resolution Foundation The Guardian - UK · Sep 24, 2023
The Independent UK · Sep 13, 2023 Rishi Sunak’s leadership questioned as studies sow levelling up doubt Two reports by influential think tanks have been critical of efforts to address regional inequalities.
The Guardian - UK · Sep 5, 2023 UK workers will be worse off in 2024 than in 2019, thinktank warns Resolution Foundation predicts average Britons will be 4% poorer but better-off pensioners will be ‘big winners’
The Independent UK · Sep 5, 2023 Run-up to general election marked by income stagnation, says think-tank The current parliamentary term is on track to be the worst for living standards growth since at least the 1950s, the Resolution Foundation said.
The Independent UK · Aug 14, 2023 A third of English homes are risk of overheating in the future, analysts say Smaller, overcrowded or urban houses are more susceptible to heat and more likely to be inhabited by poorer families, the Resolution Foundation said.
The Independent UK · Aug 13, 2023 UK lost nearly four million days to strike action in past year, study reveals New report lays bare squeeze facing workers as public sector job vacancies up by a third and real-terms pay plummets
The Guardian - UK · Aug 13, 2023 Nearly 4m fewer UK working days in past year due to strike action, study says Resolution Foundation report says much of industrial action ‘fuelled’ by public sector workers’ anger over falls in real-terms pay
The Independent UK · Aug 13, 2023 Nearly four million working days lost to strikes in past year, says think tank A real-terms fall in pay has fuelled many of the strikes, the Resolution Foundation said.
The Independent UK · Jul 16, 2023 Britons hit by biggest fall in wealth since Second World War Spiralling interest rates have caused wealth to tumble by £2 trillion, says think tank – but says young people could still be ‘winners’ if house prices fall
The Independent UK · Jul 16, 2023 Younger people could emerge as winners from rising interest rates – report A ‘new normal’ of higher rates could end a wealth boom driving intergenerational inequality, the Resolution Foundation said.
The National (Scotland) · Jul 4, 2023 UK Government's benefits system could send 1.8 million more into poverty THE income gap between typical and poorer households could widen even further if the UK Government ploughs on with its regressive approach to…
The Independent UK · Jul 3, 2023 Rising productivity is not enough to help poorer households, says think tank A focus on wages rather than equality could see 1.8 million more people fall into relative poverty, the Resolution Foundation has warned.