Black holes and consolidations
This make-or-break Budget is set to include significant spending cuts and tax rises spurred by a significant deterioration in the public finances. So, in this briefing note we discuss how the outlook has changed since the Spring Statement and set out how the Chancellor should respond.
Read moreFinding the right keys for growth
The Budget run-in has centred around what taxes the Chancellor will need to raise to meet her fiscal rules. But housing could potentially play an equally decisive role. Ambitious planning reform could deliver the economic growth that Britain so desperately needs, the current mess of property taxation is ripe for reform, and better support for families in rented accommodation could raise living standards and reduce child poverty. Successive governments have failed to grapple with Britain’s housing challenges, but can the Chancellor afford not to grasp it? Watch our event discussion on how housing should feature in the Budget.
Watch nowOur mission
The Resolution Foundation is an independent think-tank dedicated to lifting living standards in the UK. We focus particularly on households with low and middle incomes; those on low pay or in precarious work; and those vulnerable to financial shocks.
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No half measures
Setting child poverty on a downward course at the Autumn Budget
The Government’s long-awaited Child Poverty Strategy is due next month, close to, or contemporaneous with, the Autumn Budget. Using the latest economic data, our modelling shows that if the Government wants child poverty to fall it has no choice but to place income support at the heart of an “ambitious” Child Poverty Strategy.
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False starts
What the UK’s growing NEETs problem really looks like, and how to fix it
Nearly one million young people aged 16-24 in the UK are currently not in education, employment or training (NEET) – the highest level in over a decade. What is driving this increase and how can we support young people into work or study?
Read moreLiving wage
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:
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Data
Explore our interactive housing indicators or read about our alternative estimate of UK employment.
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It’s personal (taxation)
Resolution Ventures
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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