Scrap Inheritance Tax and replace it with one that is fairer to families and harder to avoid

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Intergenerational Commission, Tax and Welfare

Inheritance Tax should be abolished and replaced with a new system that commands greater public support by being fairer to families and harder to avoid, according to a new report published today (Wednesday) by the Resolution Foundation for the Intergenerational Commission. Passing on, the 21st report of the Intergenerational Commission and last before it publishes its … Continued

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£1 billion funding boost and a “hearts and minds” business engagement drive needed to make a success of T levels

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Intergenerational Commission

apprenA major funding boost and business engagement drive is needed to get T levels – new technical qualifications for 16-18 year olds – off the ground and help the neglected majority of young non-graduates who are badly let down by the education system, according to a new report published today (Friday) by the Resolution Foundation. … Continued

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Falling unemployment has curbed the growth of zero hours contracts

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Jobs, Skills and Pay

Britain’s tight labour market – which has seen unemployment fall to a 43-year low – has curbed the growth of zero hours contracts (ZHCs), the Resolution Foundation said today (Monday) in response to the latest ONS business survey of ZHCs use. The ONS survey, carried out in November 2017, showed that 1.8 million firms used … Continued

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Britain’s 12-month pay squeeze ends as jobs market breaks new records

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Jobs, Skills and Pay

Britain has passed a living standards landmark with real pay finally growing again after a 12-month squeeze. And there are was more good news in the jobs market as unemployment fell and employment hit a record high, the Resolution Foundation said today (Tuesday) in response to the latest ONS labour market figures. Real (CPIH-adjusted) average … Continued

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Up to a third of millennials face renting from cradle to grave

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Intergenerational Commission

  Policy makers need to radically reform the private rental sector to make it fit for raising children and retirement because a generation of young people face the prospect of never owning their own home, according to a new report published today (Tuesday) by the Resolution Foundation for its Intergenerational Commission. Home Improvements sets out … Continued

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