Analysis and action on living standards
Putting Spending Review 2020 into context
The government is currently facing the dual challenges of ensuring that there is sufficient fiscal support through the crisis and recovery, and setting fiscal policy on a sustainable long-term path. This report sets out a new approach to fiscal policy and a practical pathway to achieve this.
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.
Wales is one of the poorest areas of the UK and yet it is often overlooked in debates around tackling geographical inequalities. We show that the progress Wales has made in closing employment gaps is in contrast to stubbornly high pay, income and productivity gaps with the rest of the UK.
The story of the initial stage of the coronavirus crisis is now well understood, but with the labour market crisis likely to accelerate over the winter as restrictions tighten, we analyse new evidence on the effects of the crisis on workers so far and the prospects for the future.
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:
Read our latest reports on education leavers during the crisis, lockdown living conditions, negative equity risks and income support schemes ahead of our annual Intergenerational Audit this October.
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Want to find out how much pay has grown since the financial crisis? Or which generation had it best when it comes to housing costs? We make some of our living standards datasets available online for the public to explore.
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