Living in the House of Debt

Wednesday 3 September 2014

Housing, Wealth and Debt

Very high levels of household debt have been a stubbornly persistent feature of many developed economies – including those of the UK and the US – before, during and since the financial crisis. The Resolution Foundation has led UK analysis of how this debt may carry severe consequences for many families and for the wider … Continued

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Closer to the edge: prospects for household debt repayment when interest rates start to rise

Thursday 11 July 2013

Housing, Wealth and Debt

Despite difficult economic times and the persistence of tight credit conditions, latest OBR projections suggest that aggregate household debt is set to increase by around one-quarter between 2011 and 2017. With many commentators expecting interest rates to start climbing back upwards from 2015, the ability of households to service their credit commitments will depend critically … Continued

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On borrowed time: Will household debt undermine economic recovery?

Wednesday 12 December 2012

Housing, Wealth and Debt

This event examined the scale and distribution of household debt in the UK and asked how much of a risk it poses to economic growth. It is more than four years since the UK entered recession, and whilst there are some signs of improvement, there is no doubt that the recovery has been sluggish – … Continued

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Inequality, Debt and Growth

Tuesday 15 May 2012

Housing, Wealth and Debt

This event launched new analysis from NIESR on the link between inequality and debt in the run up to the 2008/09 financial crisis.  It considered the extent to which lower income households, who saw low income growth in the pre-crisis period, borrowed in order to sustain their consumption.  It also considered whether, with credit conditions … Continued

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Labour Party Conference: ‘Financial Health’ Breakfast Meeting

Tuesday 27 September 2011

Incomes and Inequality

Resolution Foundation hosted a ‘Financial Health’ breakfast at Labour Party Conference in partnership with Money Advice Trust to explore what can be done to improve the financial health of vulnerable people on low incomes. Gavin Kelly, Chief Executive of Resolution Foundation, opened and chaired the meeting pointing to the importance of financial health issue not … Continued

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