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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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Follow the money

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Exploring the link between UK growth and workers’ pay packets

This briefing note unpicks the relationship between productivity and pay growth, looking at a variety of factors that influence pay growth for different groups of employees in the UK – from trends in the labour share to terms of trade movements, and from the role of employer pension contributions to the impact of changes in working patterns.

Contacts

James Smith

James Smith

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

Daniel Tomlinson

Research and Policy Analyst
T: 0203 372 2966
E: daniel.tomlinson@resolutionfoundation.org
Comment

After Brexit the UK could cut VAT on energy – but should it?

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During the EU referendum, one of Vote Leave’s promises was that “fuel bills will be lower for everyone”. Specifically, Boris Johnson and others argued that: “In 1993, VAT on household…
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Publications

Follow the money

Exploring the link between UK growth and workers’ pay packets

by

This briefing note unpicks the relationship between productivity and pay growth, looking at a variety of factors that influence pay growth for different groups of employees in the UK –…
Continue Reading
Events

Fake news, real economy

Can stories drive economic events?

The world is awash with viral stories – some of which are more evidence-based than others. There’s been a lot of controversy about their ability to shape elections, but can…
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Comment

Is there any economics behind Johnson’s ‘perk up and carry on’ strategy?

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It’s time to get with the perk… I mean programme. Boris Johnson’s government might not even have a Budget under its belt, but its economic strategy is taking shape. It’s…
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Publications

Taking stock

Report for the Scottish Poverty and Inequality Commission

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There has been a growing appreciation in recent years that living standards are determined not just by income (the flow of money into a household) but also by wealth (the…
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Publications

Mapping gaps

Geographic inequality in productivity and living standards

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Regional inequality is a hot topic, particularly since the EU referendum exposed huge voting divides between London, Scotland and Northern Ireland, and the rest of the UK. This report examines…
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Comment

A welcome boost for ‘just about managing’ families in Scotland

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Yesterday started with a bleak assessment by the Child Poverty Action Group of the impact of ongoing welfare cuts – specifically how the two-child limit on support, which began to…
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Events

‘The Technology Trap’

Capital, labour and power in the age of automation

Book launch for ‘The Technology Trap’ by Carl Frey, examining the impact of technological change on the world of work and the wider economy over the last 800 years, and…
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