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The Latest Breaking News from The Resolution Foundation

Britain’s welfare bill to soar by £60bn over next four years as parties commit more money for pensioners

Pension commitments and a sickly population mean that by 2029 Britain’s welfare bill will be increasing by £20bn a year, analysis by Resolution Foundation predicts

The Independent UK

Do the sums add up in Tory tax-cut manifesto?

Rishi Sunak says tax cuts will be paid for by slashing welfare bill further but experts doubt viability unless Conservatives usher in new era of austerity

The Guardian - UK

UK growth since 2010 has been lacklustre and largely driven by immigration, says report

Resolution Foundation report suggests parties are dodging the economic challenges facing the country

The Guardian - UK

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Bombshell analysis shows what Labour's secret austerity plan could buy Scotland

BOMBSHELL new analysis shows Labour would be signed up for spending cuts worth the equivalent of paying the wages for Celtic Football Club for the…

The National (Scotland)

Tax rises of £800 a year coming whoever wins UK election, thinktank finds

Neither Labour nor Tories have committed to axing already announced rises, Resolution Foundation warns

The Guardian - UK

Respected think tank says Labour and Tories 'avoiding spending cuts reality'

BOTH Labour and the Conservatives are “avoiding the reality” that their plans lock them into “sharp” spending cuts after the election, a…

The National (Scotland)

UK faces £33bn hole in finances or return to austerity, thinktank says

Labour and the Conservatives want to reduce national debt, but Resolution Foundation says promises ‘detached from reality’

The Guardian - UK

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Are consumers any better off after 14 years of Conservative government?

We analyse a key point of contention in the general election campaign: the government’s record on pay, housing, energy and food bills

The Guardian - UK

Three years of pain: how inflation drove the UK cost of living crisis

With prices forecast to increase at their slowest pace since 2021, we look at the biggest risers in goods and services

The Guardian - UK

Biggest inflation shock in decades has turned UK into nation of savers – report

Big changes in overall prices remain with us, even though inflation is easing, the Resolution Foundation said.

The Independent UK

High interest rates could add billions to UK green energy transition, says report

Resolution Foundation calls for fourfold increase in renewable power investment to reduce pressure on household bills

The Guardian - UK

Thousands of disabled people ‘will get £2,800 a year less under universal credit’

Single people with long-term disability that stops them working will be much poorer after rollout, Resolution Foundation says

The Guardian - UK

London Rent To Increase 13% in Next 3 Years; Officials Want Better Protection of Renters

Rent rises are set to grow by a further 13 per cent despite having increased at the fastest rate recorded in the past two years

International Business Times UK

Two-child benefit cap 'pushes children into poverty' - campaigners urge government to scrap 'cruel policy' that impacts 1 in every 10 children

The controversial two-child benefit cap has met with strong opposition since its introduction in 2017

GoodToKnow

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The Guardian - UK

UK rent rises forecast to outpace wage growth for three years

Average 13% increase by 2027 will put millions of households under further pressure, says thinktank

The Guardian - UK

Rise in UK minimum wage leaves millions short of real living wage

Lowest-paid will be £1,000 short of the figure paid by some employers to reflect actual household costs

The Guardian - UK

Minimum wage is UK’s ‘most successful economic policy in a generation’

Resolution Foundation study suggests lowest earners are £6,000 a year better off due to policy

International Business Times

UK Homes Have Worst Value For Money In Developed World: Study

Britain's housing stock offers the poorest value for money among advanced nations, according to a study published Monday warning that the crisis-hit sector will loom large over this year's election.

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The Guardian - UK

Longest sustained rise in people too sick to work since 1990s, says thinktank

Resolution Foundation points to legacy of Covid as it warns that near-record 2.7m people are too ill to work

Evening Standard

OPINION - The Standard View: Inflation fall is a lifeline for Rishi Sunak – but the pain isn't over yet

After a series of bruising setbacks, the Prime Minister can finally point to some positive news: inflation is falling again. The drop, from four per cent to 3.4 per cent, not only beat City expectations but means that over the past 12 months inflation has fallen at the fastest pace…

The Guardian - UK

Ignore the rightwing moaners. We don’t have 9m shirkers – they just want better work

A wild west labour market and millions of people on NHS waiting lists are responsible for the ballooning benefits bill, not idleness

The Guardian - UK

Income tax likely to go up if national insurance scrapped, Hunt suggests

Labour says chancellor’s ambition to eventually abolish NI would cost £46bn a year, and party questions how move would be paid for

The Guardian - UK

UK ‘fiscally offside’ by up to £60bn, Citi fears; house prices rise again – as it happened

Rolling coverage of the latest economic and financial news, as economist warns OBR productivity forecasts are much too optimistic

The Guardian - UK

Chancellor to raise UK government borrowing to fund budget measures – OBR

Office for Budget Responsibility says national insurance and tax cuts will be paid for by average £8bn-a-year borrowing to 2028-29

The Guardian - UK

The Guardian view on young people’s mental health: this decline must be reversed

Editorial: Warnings about benefits will not solve the interlinked problems of worklessness and worsening mental health

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