Why living standards and public finances matter

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The party that persuades voters it can deal with both issues will win the election. They are the towering issues of British politics that are not about to go away soon: the steep decline in living standards and the grim state of the public finances. Each compounds the other. Taken together they will dictate the … Continued

Labour must now clear a higher bar on the minimum wage

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Vince Cable’s announcements have allowed the Lib Dems to make the running on low pay but they still leave an opportunity to set out a tougher approach. This year’s pre-conference rumours gave unusual prominence to the minimum wage. After the consensus reached in the late 2000s, leading thinkers in all parties have begun to argue that it’s … Continued

It’s Not Just 2015 That Will Be a Living Standards Election – The 2014 Vote Could Be One Too

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Danny Alexander opened his Lib Dem conference speech yesterday by terming Glasgow the “deep south” relative to his Highlands constituency. Naff jokes aside, and a year and a day before the Scottish independence referendum, his other main reference to regional differences was the lower interest rates, lower taxes and thousands of jobs which Scotland benefits … Continued

Matthew Whittaker

Low Pay Britain: Failure to act risks generating growth which once again disproportionately benefits a minority

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Tentative it may be, but the British economy finally appears to be entering recovery. Output is improving, the employment rate is climbing and, perhaps most importantly for the sustainability of the upturn, a range of surveys point to a return of business confidence. Welcome though this is, there are still big question marks over the … Continued

Mind the jobs gap

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The latest labour market data obscures the fact that job creation is failing to keep up with population growth, and that whole regions are being left out of any economic recovery Many UK politicians and commentators have highlighted that the UK labour market has performed remarkably well despite the weakness of the economic recovery following … Continued

Are zero hours contracts here to stay?

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It is not surprising that at the end of the longest economic downturn the UK has ever faced to see an increase in the number of people on zero hours contracts. In uncertain times, employers have turned to these contracts to weather a difficult economic climate. By not guaranteeing employees a set number of hours … Continued

Some home truths

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In Britain today, a couple earning £22,000 with one child looking to buy a home are priced out of almost 40 per cent of local authorities. How did we end up here? And where in Britain can low-income working families afford to live? According to our report Home Truths–published last week, a third of the country’s … Continued

Search for a housing strategy

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The housing crisis has built up over time and can’t be fixed overnight. But there are things the government can do to make homes more affordable to lower-income families Much of Britain is unaffordable to lower-income, working families according to Home Truths, a report published this week by the Resolution Foundation. The report finds that a … Continued

Matthew Whittaker

Number of families with perilous levels of debt repayments could more than double to 1.2 million

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width=”597″ height=”486″ frameborder=”0″ marginwidth=”0″ marginheight=”0″ scrolling=”no” allowfullscreen=”allowfullscreen”> Closer to the Edge? Prospects for household debt repayments as interest rates rise from ResolutionFoundation For more information see Closer to the Edge? Prospects for household debt repayments as interest rates rise

Doing the zero sums

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Pressure on public sector budgets has led to a rise in zero-hours contracts, particularly in the care sector. The biggest losers are vulnerable service-users and staff on poor pay and insecure hours. It all adds up to the next big care scandal Over the past year, the government has repeatedly raised concerns about the quality … Continued

‘Households face £26bn of fiscal pain in 2016-18’

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If the current timetable for deficit reduction is maintained, households should brace themselves for roughly another £26bn of fiscal pain in the years between 2016 and 2018 – whether it comes in the form of extra cuts to public services, another big hit to welfare or new tax-rises. The much hyped “AME [Annually Managed Expenditure] … Continued

Zero-hours contracts must be a two-way street

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Official estimates suggest that the number of people employed on a zero-hours contract – which provides no guaranteed hours of work – has risen from 134,000 in 2006, to 208,000 in the last quarter of 2012, and that 8% of workplaces in England and Wales now use zero-hours contracts. These figures are sure to be an underestimate. … Continued

Build to rent: the obstacles for housing providers

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When delegates gather in Manchester tomorrow for the start of the Chartered Institute of Housing‘s annual conference, there will no doubt be talk of build to rent, the government fund to stimulate new private rented housing supply and attract institutional investors. Registered providers are looking for new ways of attracting capital into housing and build to … Continued

SR2013: we ain’t seen nothing yet

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When the chancellor stands up next week to deliver his one year Spending Review, it will beg a lot of questions about future expenditure cuts With a week to go before the Spending Review is announced, reports indicate that the government is making progress towards the £11.5 billion in departmental spending cuts that it needs … Continued

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