“Don’t it always seem to go, that you don’t know what you’ve got till it’s gone” – UK generational trends in an international context

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Incomes and Inequality, Intergenerational Commission

Joni Mitchell’s lyrics may refer to her first trip to Hawaii, but they could just as easily apply to UK trends in generational living standards that the Resolution Foundation’s Intergenerational Commission has uncovered. That’s particularly so in light of new analysis comparing these trends internationally. While there are huge living standards differences between high-income countries, … Continued

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To maintain our welfare state we need to rethink how we pay for it

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Intergenerational Commission, Tax and Welfare

Social democracy gave 20th Century Britain the welfare state. But in the 21st Century it’s wandered off for a long post-crisis snooze, just at the time when big challenges to that welfare state are looming into view. It’s time it woke up because, for a new generation of social democrats, there is work to do. … Continued

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Auto-enrolment has had a great beginning. But will it have a happy ending?

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Housing, Wealth and Debt, Intergenerational Commission

We hear a lot about good policy plans gone wrong (Universal Credit springs to mind) for obvious reasons. But we ought to listen (and learn) from successes too. Auto-enrolment into workplace pension savings is the obvious candidate for this cheery policy tale, though the story has only just begun. Over nine million have signed up … Continued

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Will building more homes help to reduce housing costs?

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Housing, Wealth and Debt, Intergenerational Commission

As part of the Foundation’s ongoing housing work, leading economist and Intergenerational Commission member Kate Barker and Housing market analyst Neal Hudson write about the impact that boosting housing supply could have on prices and wider housing costs.   Since the mid-2000s the dominant narrative about housing in the UK has been around a shortage … Continued

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How Philip Hammond can strike a blow for intergenerational fairness in his Budget

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Public Finances and the Economy, Intergenerational Commission

With the dust beginning to settle on a scandal-focused fortnight in Westminster politics, attention is turning back to the big event looming on the horizon – Philip Hammond’s first Autumn Budget in 12 days’ time. The backdrop looks challenging, with the Chancellor having to deal with the headache of a likely downgrade to the economic … Continued

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Social housing for the younger generations?

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Housing, Wealth and Debt, Intergenerational Commission

Social housing has received much well-deserved attention over the conference season and even looks set to be the star of the show in Theresa May’s speech. But while the rise and fall of the sector is a familiar story, the intergenerational consequences of its course are rarely remarked upon. With our new research showing that … Continued

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