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Economic growth


A growing economy comes with improving economic conditions: faster wage growth, increasing employment, and stronger public finances. All of these can help facilitate improvements in the economic position of families, particularly those on low-to-middle incomes. Our work in this area analyses the potential for future economic growth and how it can be shaped so that the benefits can be shared broadly across the economy.


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Unhealthy finances

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How to support the economy today and repair the public finances tomorrow

This report provides analysis of the dual challenges faced by the government: ensuring that there is sufficient fiscal support through the crisis and recovery, and setting fiscal policy on a sustainable long-term path. Some argue it is unsustainable to provide the massive government support during the crisis, while others see little constraint on government borrowing in an era of low interest rates. Neither position is helpful for long-term economic outcomes. In the face of low interest rates, fiscal policy has to be the main tool for supporting the economy now and in the future, meaning bigger fiscal stimulus and in...

Contacts

James Smith

James Smith

Research Director
T: 0203 372 2956
E: james.smith@resolutionfoundation.org

Greg Thwaites

Research Director
T: 0203 372 2960
E: gregory.thwaites@resolutionfoundation.org
Events

Stagnation Nation?

The Economy 2030 Inquiry conference

QEII Centre, Westminster, SW1P 3EE Register to attend in person or receive access link for remote viewers. The UK is facing a decisive decade of economic change, as we emerge…
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Events

All change please?

What going for growth could mean for different places across Britain

After a decade of stagnation and many decades of persistent regional economic divides, the task of securing a brighter economic future for a wider range of places is now up…
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Events

Bidenomics

Lessons for the UK

Speech by Jared Bernstein, Member of the Council for Economic Advisors under President Biden, with response by Shadow Chancellor Rachel Reeves Joe Biden came into office with an ambitious economic…
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Events

A firm solution?

How businesses can rise to the challenges facing Britain in this decisive decade

Speech by the Chairman of the John Lewis Partnership Sharon White Britain is facing a decisive decade of economic change as technological change combines with Covid, Brexit and the rapid…
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Comment

Levelling-up: The Blair-Osborne Project

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There have been many attempts in the past to reduce the gaps between richer and poorer parts of the UK. But despite progress on some measures (most notably employment and…
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Events

Open for business?

Assessing the performance of British firms

British firms have had a tumultuous decade – from the financial crisis to the Covid-19 pandemic. The 2020s brings new challenges as they grapple with post-Brexit trade and regulatory changes,…
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Publications

Are you better off today?

Real income growth under different governments since 1955

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In the 1980 presidential contest between the incumbent Jimmy Carter and Ronald Reagan, the latter asked voters “Are you better off today than you were four years ago?”. Although far…
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Events

Gaining from growth

When the economy grows, do wages?

While GDP is rarely discussed in the pub, the feedthrough from economic growth to higher wages is central to boosting family living standards. And while both pay and wider economic…
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