What to make of Labour’s childcare announcement

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Childcare & Families

Now is a good time to talk about childcare. Costs are rocketing but incomes are not. All the while childcare support has been cut. None of this has passed by lower income families who are struggling to make work pay. It is young mums in particular who are often forced out of the labour market … Continued

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Search for a housing strategy

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Housing

The housing crisis has built up over time and can’t be fixed overnight. But there are things the government can do to make homes more affordable to lower-income families Much of Britain is unaffordable to lower-income, working families according to Home Truths, a report published this week by the Resolution Foundation. The report finds that a … Continued

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Taking a local look: Household disposable income

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Wages & Income

Today’s figures from the ONS show that household disposable income continued to fall in 2011. This is part of a longer term trend of stagnation and decline in incomes that began around 2003. As we showed in the Commission on Living Standards, disposable income per head fell in every English region outside London from 2003 to 2008, even … Continued

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Retirement trends in the UK

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Debt & Savings

We aren’t saving enough for retirement. This was one of the findings presented in Resolution Foundation’s recent audit of low to middle income households, Squeezed Britain, which showed that a massive 69 per cent of low to middle income households do not have a pension. Across all income groups the proportion failing to save for a … Continued

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