Blog & Articles

The Bank’s conundrum countdown - Tightening policy in the shadow of a debt overhang

Date: 17. June 2014
Matthew Whittaker

If Mary Poppins taught us anything, it’s that a British bank is run with precision. But against a backdrop of rapidly changing and sometimes conflicting economic data, the balancing act currently facing the Bank of England requires a level of calibration rarely before seen. Clearly monetary policy must be tightened over the coming months and years. 

read more


Deconstructing the wages data

Date: 11. June 2014
Laura Gardiner

It might not hold quite the same broad appeal as the start of the World Cup, but today’s labour market statistics release from the ONS has been hotly anticipated nonetheless, given the centrality of this data to our understanding of the economic recovery and the timing of interest rate increases.

read more


The end of a 'golden era' for mortgages

Date: 23. May 2014
Matthew Whittaker

It's been a busy week in the world of monetary policy. On Sunday, Mark Carney said that rising house prices pose the biggest threat to economic recovery. On Tuesday, the official statistics told us what we already knew – that house prices in London are soaring, by 17 per cent year-on-year.

read more


We need to solve the mortgage problem before interest rates rise

Date: 23. May 2014
Matthew Whittaker

The question of when interest rates should begin to rise has been much-discussed in recent weeks, and after five years of sitting at the rock-bottom level of 0.5 per cent, a gradual increase is expected from next year onwards. 

read more


The ‘mortgage prisoners’ with no escape route

Date: 22. May 2014
Matthew Whittaker

Mark Carney, the governor of the Bank of England, has made headlines after expressing concerns about the dangers of another “big debt overhang” building up as house prices continue to rise and approvals for large mortgages increase.

read more


Seattle, Stuttgart, Switzerland – welcome to the new era of minimum wage radicalism

Date: 16. May 2014
Gavin Kelly

Lift your gaze from the humdrum debate on living standards in the UK and look overseas: something seems to be stirring on the politics of low pay. On Sunday, the Swiss vote on whether to introduce a wage floor of an almighty 22 francs (£14.90) per hour – by some way the highest in the world.

read more


Laura Gardiner interview on self-employment

Date: 15. May 2014
Laura Gardiner

The growth of self-employment has become one of the stories of the recovery. While the number of employees has only recently regained its pre-recession level, the number of people who are self-employed has grown by 650,000 since 2008 to reach 4.5 million, or nearly 15 per cent of all employment. We set out to understand what’s been driving this growth, and what life is like as a self-employed person.

read more


The UK’s surge in self-employment brings with it increased financial insecurity

Date: 8. May 2014
Conor D'Arcy

One in seven workers in the UK are now self-employed with more than 650,000 starting out on their own since the recession. While some have argued that many work for themselves more out of necessity than choice, a recent survey for the Resolution Foundation confirmed that the overwhelming majority of the UK’s 4.5 million self-employed prefer being their own boss.

read more


The risks and rewards of being self-employed

Date: 7. May 2014
Laura Gardiner

Since the recession, the Yorkshire and Humber region has added 14,000 employees but an extra 22,000 self-employed people. It looks as if higher levels of self-employment are here to stay but our research suggests that while most of the self-employed prefer being their own boss, they often struggle with accessing basics such as housing and credit.

read more


Share this

Filters

Rss Feed

Archive

Tag Cloud

Gavin Kelly Resolution Foundation living standards childcare James Plunkett Housing wages inflation tax credits Squeezed Middle tax Vidhya Alakeson coalition inequality Matthew Whittaker minimum wage new statesman Debt Spending Review female employment growth low pay Squeezed Britain Universal Credit autumn statement Labour USA welfare women work incentives Budget 2012 employment generation rent giselle cory household income IFS institutional investment interest rates labour market living wage low to middle income politics recovery social mobility affordability Audit budget 2011 cameron Commission on Living Standards distribution earnings economy Ed Miliband education fiscal choices household debt living low pay commission older workers skills social care spending round sr2013 unemployment zero hours Affordable Housing America bank of england budget child benefit child poverty cost of living David Cameron debt target degree Guardian income jared bernstein joe coward lee savage Lib Dems living costs measuring poverty middle class mortgages Obama pay poverty recession tax cuts uk 10p arrears benefits borrowing Commission cpi cuts david willetts debt forgivenes dilnot Donald Hirsch fiscal forbearance gearing George Osborne great stagnation household housing market huffington post income tax ippr Ipsos MORI jobs gap lane kenworthy Low earners matthew pennycook monetary policy Nick Clegg pension Pensions personal allowance personal allowances polarisation precarious work prices prospect q2 growth regional renting rpi shared ownership social housing social mobility foundation Sophia Parker standards sutton trust tax changes tax relief think tank think-tank underemployment Wage squeeze 2013 Work working poor zero hours contract 'Annual Survey of Hours and Earnings' 'earnings squeeze' 'squeeze' 'wage stagnation' #ows £10000 2011 2012 50p 99% a matter of time Alan Johnson Alex Hurrell allowance andrew haldane Anna Vignoles apprenticeships ASHE assets Australia below minimum wage benefit freezes borgen Boris Johnson budget 2013 cap care assistant centreforum chancellor childcar choices CiF citizens UK Coalition politics Conor D'Arcy conservatives contracts Cost of Motherhood costs council tax council tax benefit CPIH daniel chandler datablog de-coupling debt peril deficit department for education dependency election election 2015 enforcement equity release family felicity dennistoun Financial Times first-time buyers food prices full employment gap GDP gender gingerbread good life gregg growth without gain HELP Committee higher rate higher rate tax relief hmrc holmes homeownership hourglass household finances household spending illegal in work income inequality incomes increase Independent indignados international jobs John Van Reenen jrf Labour Party Left Foot Forward liberal democrats living wage foundation LMIs low middle earners Low Pay Britain low pay threshold low to middle income earners low wage low wage work machin marginal tax rate marriage tax allowance matt whittaker matthew hancock mayhew median real wage median wage Mervyn King Middle Britain miminum wage minimum income standards missing out mobility Montague mortgage market mothers national minimum wage netmums new statesman blog new year newby newham niesr nil hours number paid below minimum wage nursery world OBR occupy occupy wall street OECD older ons over 50s paul gregg pay and pensions pay progression pensions relief personal personal finance pledge cards policy politicans poll population precarious employment predistribution prescription charges priorities private rented private rented sector private sector growth progression prs public sector public services public spending ratios reduce credit card reform Regions Rented Sector resolution foudnation retirement robin wales robots routine jobs RPIJ rss savings self-employment Senate shared shereen hussein social society southern cross spending cuts squeezed state state pension age statistics steve machin tax and benefit changes tax and benefits Tax Benefits technology The Spirit Level threshold tories travel time Treasury trends unison university US election van reenen VAT voters voting wage wage growth wage inequality Welfare Debate welfare state White Paper workers Working part time lower skilled job young people Youth unemployment youth wages zero-hours