Monetary policy
·
Public finances

All bound up? Monetary policy in recovery and beyond

Thursday 28 January 2016

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

State of working Scotland with Roseanna Cunningham MSP

Wednesday 20 January 2016

In Edinburgh, the Resolution Foundation launched a major new report into the Scottish labour market and living standards at which Roseanna Cunningham MSP delivered a key note speech. The report focuses on how Scotland weathered the recession and the shape of its recovery, highlighting both the similarities and differences to the experience of other nations and regions of the UK. … Continued

The 2016 earnings outlook: Will inflation or productivity prevail in Britain’s pay recovery?

Tuesday 15 December 2015

The UK has experienced a welcome pay rebound this year, helped along by falling unemployment and historically low inflation. But can the pay recovery be sustained into next year? Will rising inflation erode real wage growth, or will stronger productivity gains push nominal pay rises higher still? Which of these will ultimately determine the strength … Continued

Can we afford to care? The future health of social care

Thursday 12 November 2015

The combination of rising demand, reduced funding and increasing costs stemming from the National Living Wage are set to put an already stretched social care sector under further strain. What additional public funding is needed to maintain social care provision in its current form over the parliament and beyond? Could closer health integration create efficiencies … Continued

Matthew Hancock MP in conversation with David Willetts on the living wage

Tuesday 6 October 2015

The Chancellor’s announcement of a National Living Wage, a policy based in part on the recommendations of the Resolution Foundation review into the future of the Minimum Wage, was arguably the most eye-catching announcement of the Summer Budget. This higher wage floor will deliver a welcome boost to low-paid workers, but implementing it will be … Continued

How does Labour reclaim economic and fiscal credibility?

Tuesday 29 September 2015

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

Is Labour still the workers’ party?

Monday 28 September 2015

As Labour seeks to rebuild following its defeat at the last General Election, how can it reclaim its mantle as the party for working people? At a Resolution Foundation event Owen Smith MP will outline his vision for Labour’s approach to pay and work, and how it fits with Labour’s wider economic strategy. Head of … Continued

Where next for the Living Wage?

Thursday 3 September 2015

The Chancellor’s new ‘National Living Wage’ announced in the Budget will mean a welcome pay rise for low paid workers. But implementing it will be a big challenge for many employers and on its own secure it won’t a decent standard of living for millions of working families. What does this higher wage floor mean … Continued

The complete works: Targeting full employment in modern Britain

Monday 20 July 2015

The pursuit of full employment is back in fashion, with all the main parties committed to pursuing it. But what would full employment look like in Britain today, and what are the trade-offs in reaching this goal? Which hard-to reach groups need to be brought into the labour market, and what role can public policy play in … Continued

Weathering the storm: the recent past, present and future of UK monetary policy

Tuesday 14 July 2015

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

Time to pay up: Securing stronger, shared wage growth

Thursday 26 March 2015

After the longest fall in modern history real wages are finally turning the corner. But the outlook for pay remains highly uncertain. Productivity remains on the floor. Automation and globalisation generate pessimism about our pay prospects. Others feel that the wage-gloom is overdone. As pay starts to rise what can be done to secure widely … Continued

Time to catch up? Living standards in the next parliament

Thursday 12 March 2015

After the deepest squeeze in living memory, household incomes are finally recovering. But when can we expect living standards to return to their previous peak and what is the outlook for the next Parliament? At an event at the Resolution Foundation’s central London headquarters, CBI Director-General John Cridland gave a speech on these issues setting … Continued

As if we cared – the costs and benefits of a living wage for social care workers

Tuesday 3 March 2015

There is a growing realisation that higher quality care in an ageing society requires a better deal for the social care workforce. Low pay, at times below the National Minimum Wage, and the poor working conditions associated with it often act as barriers to delivering the quality of care that people deserve, and place significant pressure on care workers. While … Continued

Today’s workers, tomorrow’s retirement problem

Wednesday 11 February 2015

The proportion of people saving into a workplace pension is rising again after decades of decline. But too few people are saving enough for an adequate retirement income. How can people be persuaded to save not spend when wages are already stretched? Are there cheaper, fairer alternatives to the £35bn spent on pension tax relief? … Continued

The home stretch – coping with high housing costs

Monday 8 December 2014

Buying or renting a home in many parts of the country is a financial challenge for families on modest incomes. How then do these families continue to live in some of the most expensive parts of the country? What coping strategies can make the seemingly unaffordable financially possible, at what personal cost to the families … Continued

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