Coming a fortnight before Britain is scheduled to leave the EU, the upcoming Spring Statement will provide an important health check on the UK economy as we prepare to depart. But looking into the future poses challenges for any forecaster wrestling with the recent growth slowdown and the uncertainty of what form Brexit will eventually … Continued

Predicting the future is an impossible task during the most stable economic climates, let alone amid the uncertainty currently facing the UK economy. But a clear understanding of the UK’s economic outlook, and how this fits with wider global trends, is essential for sound policy making. At an event at its Westminster headquarters, the Resolution … Continued

Brexit is dominating our politics, but there will be politics beyond Brexit. New domestic policy issues will force their way back onto the agenda, and old ones – including those driving aspects of the Brexit vote – will return to national debates. Our biggest political parties will shape – and be shaped by– these debates … Continued

Brexit is dominating our politics, but there will be politics beyond Brexit. New domestic policy issues will force their way back onto the agenda, and old ones – including those driving aspects of the Brexit vote – will return to national debates. Our biggest political parties will shape – and be shaped by – these … Continued

Book launch for ‘A Short History of Brexit’ by Kevin O’ Rourke The UK’s decision to leave the European Union may have come as a surprise to some, but it certainly didn’t come out of nowhere. Our relationship with Europe, and the nature of the EU itself, are both products of a history built up … Continued

With just a few weeks to go until Budget 2018, the Chancellor faces a tough balancing act of managing high expectations following promises of an end to austerity, and even higher uncertainty as Britain prepares to leave the European Union next Spring. Faced with such uncertainty, how can the Chancellor find the extra £20bn promised … Continued

Growing funding pressures and seasonal crises have raised public concern about our NHS and forced politicians to act – with the Prime Minister announcing a £20bn funding package for the NHS last month. But the crisis in social care is even more pressing – yet successive governments have ducked decisions on funding a lasting solution … Continued

Book launch for Unelected Power by Paul Tucker Central bankers have played a key role in directing economies across the world since the financial crisis. From the slashing of interest rates, to the introduction of Quantitative Easing and major reforms to who can get a mortgage, the decisions of central Banks profoundly affect people’s living … Continued

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

The Chancellor is under pressure to deliver a bold Autumn Budget that deals with the big challenges that Britain faces – at home, as well as in Europe. What is the economic backdrop to the Autumn Budget, and how might it affect the Chancellor’s financial wriggle room? From the living standards squeeze and concerns about … Continued

Joint event with the UK Trade Policy Observatory at the University of Sussex As Britain prepares for a future outside the single market and its first bilateral trade agreements in over 40 years, the debate about the shape of our new trade policy has risen up the political agenda. Some suggest retaining as much of … Continued

Discussion with former Chancellor of the Exchequer Alistair Darling Ten years to the day that the financial crisis reached Britain with the news that Northern Rock had requested, and the Bank of England had granted, emergency financial support, the Resolution Foundation is convening key decision makers to reflect on the seismic events that followed and … Continued

The Chancellor is approaching his first, and last, Spring Budget with little having changed in the three months since his Autumn Statement. What the Chancellor says may take precedence over what the Office for Budget Responsibility forecasts – a rare event in recent years. Should the Chancellor use the relatively stable outlook to deliver a … Continued

As President Obama prepares to hand over to President-Elect Trump the American economy is in a far healthier position than when he took on the Presidency in the wake of the global financial crisis – though big challenges remain. What have been Obama’s greatest economic successes and challenges throughout his time in office? What did … Continued

Record employment and strong real wage growth against a backdrop of historically low inflation served to boost living standards in 2016, while a big increase in the minimum wage and the reversal of planned cuts to tax credits protected those on modest incomes. But the outlook for pay and employment growth has weakened in the … Continued

The recent referendum exposed huge fractures across Britain that went far deeper than voters’ attitudes towards the EU. From immigration to whether the gains from growth were reaching their community, voters’ concerns stretched well beyond the remit of our relationship with Brussels. With the task of bringing the nation together again falling upon the new … Continued

The Intergenerational Commission’s book launch for The 100-Year Life by Lynda Gratton and Andrew Scott Rising life expectancy across Britain is an achievement to be celebrated. But ensuring our country is fit for the changes in how we live, not just for how long, is a challenging task that government, firms and families all struggle … Continued

Valedictory speech by Monetary Policy Committee member Martin Weale Martin Weale, in his last speech as a member of the Monetary Policy Committee, assessed what can be learned so far about the implications for monetary policy of Britain’s referendum vote to leave the European Union. He discussed, in the light of the experience of a … Continued

UK monetary policy is in a remarkable place, with the base rate nearing seven years at its historic low of 0.5 per cent and the Bank of England introducing a range of unconventional measures in order to help deal with the fallout from the 2008 financial crisis. While this must unwind at some point, rates … Continued

A decade of deep public spending cuts in areas such as non-schools education and working age welfare, combined with increased funding for health and pensioner benefits, will mean the size and functions of the state will be very different in 2020, compared to before the crash. What should citizens expect from a smaller state? What … Continued

As Labour seeks to rebuild after the 2015 election defeat, what must the party do to win back voters trust on its handling of the economy? At a Resolution Foundation event Shadow Business Secretary Angela Eagle will outline how she believes Labour can reclaim economic credibility, while Director of the IFS Paul Johnson, Guardian columnist … Continued

Resolution Foundation hosted David Miles’s outgoing speech as a member of the Bank of England’s Monetary Policy Committee. A member of the Monetary Policy Committee – the body responsible for setting the Bank of England’s base rate –  since 2009, David Miles has been a key policy maker during a truly fascinating and tumultuous period for … Continued

With roughly half of the fiscal consolidation still to come, the state of the public finances will remain a defining theme of the next parliament. Beyond the first year of the next parliament there is little clarity as to how fiscal balance will be restored. However, the emerging positions from each of the main political … Continued

A speech by the Rt Hon Vince Cable MP, Secretary of State for Business, Innovation and Skills Responses: Alison Wolf – Professor of Public Sector Management at King’s College, London Paul Johnson – Director of the Institute for Fiscal Studies  

At this private roundtable held the morning after the Budget, Jonathan Portes – Director of the National Institute of Economic and Social Research – analysed some of the Budget’s key announcements and implications. His presentation was followed by short responses from Vicky Pryce (Economist and business consultant ), Professor Tony Travers (LSE) and Ben Page (chief executive of Ipsos … Continued