Analysis and action on living standards
A New Economic Strategy for Britain
In this briefing note, we put the decisions in the Autumn Statement 2023 in context, discussing how the economic outlook has changed, what that means for the public finances, and how the policy choices and new tax and benefit measures announced will affect UK households.
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.
After the success of the Commonwealth games in 2022, Birmingham is now in the news for the wrong reasons. Financial difficulties facing the City Council culminated in a formal declaration on 5 September 2023 that Britain’s largest local authority was, in effect, bankrupt. In this report, alongside a a twin paper on Greater Manchester, we provide grounded answers to the difficult question of what it would take to achieve a higher-productivity future for these two great, but different, cities.
The productivity of the UK's largest cities lags behind the UK average, bucking the global trend for bigger urban areas to be more productive. This report provides grounded answers to the difficult question of what it would take to achieve a higher-productivity future for Greater Manchester,
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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