Analysis and action on living standards
The impact of Trussonomics, tax cuts and market turmoil
The UK has great strengths, but is over a decade into a period of stagnation. The task of the 2020s is to overcome this stagnation while wrestling with a decade of significant economic change, as Britain recovers from the pandemic, adjust s to exiting the EU, and transitions towards a net zero future. This Interim Report brings together the first phase of The Economy 2030 Inquiry’s research, focused on the state of the UK economy and the changes facing it.
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.
This report, the third in an annual series of ‘audits’ of wealth in the UK, uses newly available data on differences in wealth across groups to understand the complicated picture of wealth inequality in the UK, the impact it has on people’s lives and its implications for households as the cost of living crisis intensifies.
In this briefing note, we analyse the details of the statement and show that today’s Government is no longer fiscally conservative or courting the Red Wall. Instead, debt is on course to rise in each and every year of the forecast period, and the focus has shifted to the South of England where the beneficiaries of these tax cuts are more likely to be living.
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.
Your weekend guide to top political-economy research from around the world
In our twelfth annual edition of Low Pay Britain, we take stock of how low paid work has changed over the past two decades during the existence of the minimum wage in the UK.
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