Analysis and action on living standards
Analysis of the Government’s additional cost of living support
This edition of Low Pay Britain is our twelfth annual report taking stock of the state of low pay. Recent editions have focused on the short-term impacts of the Covid-19 crisis on low paid workers. Those have largely receded, and so here we take a longer view, and look at how low paid work has changed over the past two decades during the existence of the minimum wage in the UK.
The Resolution Foundation is an independent think-tank focused on improving living standards for those on low to middle incomes. We work across a wide range of economic and social policy, combining our core purpose with a commitment to analytical rigour.
Inflation reached a 40-year high in April off the back of a sharp rise in energy bills and the highest food price inflation in a decade. These recent drivers of inflation mean that lower-income families are facing the most severe cost pressures, with their inflation rate already hitting double digits.
This report, the 19th report for The Economy 2030 Inquiry, provides a hard-headed assessment of the opportunities presented to UK plc by the move to net zero, and considers how best these can be unlocked
The Resolution Foundation calculates the real Living Wage – a voluntary hourly pay rate that is based on what families need to get by. The current national rate is:
Resolution Ventures exists to back innovative start-ups seeking to change the world of work for the better and early-stage ventures seeking to improve the prospects of low-to-middle income Britain.
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This year we update our analysis of income before Covid-19; assess how incomes are faring during the crisis; and consider factors that will have an important bearing on household incomes in the future.
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