Analysis and action on living standards
UK book launch of The Value of Everything: Making and Taking in the Global Economy by Mariana Mazzucato Politicians always say they’re on the side of wealth creators. But who are Britain’s real wealth creators, and does government do a good enough job of incentivising them? A key critique of modern capitalism is that for all the … Continued
Jobs, Skills and Pay
The Resolution Foundation presents a double header book launch on the modern world of work: Humans as a Service: The Promise and Perils of Work in the Gig Economy by Jeremias Prassl Hired: Six Months Undercover in Low-Wage Britain by James Bloodworth The gig economy has the potential to revolutionise work, offering more independence for workers, but this … Continued
Housing, Wealth and Debt, Intergenerational Commission
The last decade has seen housing at last work its way to the top of the political agenda. From much lower home ownership and higher housing costs for younger generations, to the sharp increase in families living in less secure rented accommodation, there is now a cross party consensus that Britain faces some serious questions … Continued
Public Finances and the Economy
The Office for Budget Responsibility delivered the mother of all forecast downgrades in the Autumn Budget last November, revising borrowing up £91bn and annual pay down £1,000. Four months on, and with the Treasury promising a quickfire Spring Statement, the focus will be on whether the latest OBR economic outlook makes more positive reading. Could … Continued
Intergenerational Commission, Tax and Welfare
Speech by Resolution Foundation Executive Chair Lord David Willetts Britain owns a record £13 trillion of wealth – a figure that has grown much faster than GDP in recent decades, while the share of tax collected from it has stayed the same. Given the huge fiscal pressures Britain faces in the coming years and decades, … Continued
Jobs, Skills and Pay, Intergenerational Commission
Young people have been hit harder than any other age group by the post-crash pay squeeze, but their pay problems predated the financial crisis. Youth unemployment is low, but millennials are disproportionately likely to find themselves in insecure work. And while millennials are often thought of ‘job hoppers’, they’re actually moving jobs less frequently than … Continued
Incomes and Inequality
Keynote speech by Shadow Chancellor John McDonnell The official outlook for the economy is one of slow GDP growth, very weak pay rises and flat household incomes. So it’s no wonder the Chancellor vowed to ‘beat the forecasts’ at the last Autumn Budget. But how can Britain better the bleak outlook set out by the … Continued