Publications Higher and higher Averting a looming energy bill crisis 17 January 2022 by Adam Corlett and Lindsay Judge and Jonathan Marshall The higher energy price cap due to be introduced on April 1 will see energy costs jump by more than 50 per cent overnight. As a result, the share of… Continue Reading
Comment Spiralling energy prices will turn the UK’s cost-of-living crisis into a catastrophe A £300 one-off payment to millions of low-income households is the minimum needed to mitigate rising bill 10 January 2022 by Torsten Bell A cost of living catastrophe is what British families are facing in early 2022. The government has been understandably focused on Omicron but has woken up to this crisis, and… Continue Reading
Events Crunch time The causes and consequences of Britain’s cost of living squeeze Wednesday 15 December 2021 A faster than expected economic recovery has evolved into an entirely unexpected cost of living squeeze. Energy bills surges, and hot competition for second hand cars or even Christmas presents,… Continue Reading
Publications The big squeeze Assessing the changes to family incomes over the next six months 26 September 2021 by Karl Handscomb This winter will see a major income squeeze – and it will be focused on low-to-middle income households. High inflation, especially higher energy bills, will strain many families’ finances. But… Continue Reading
Comment Soaring energy bills will turn cost of living crunch into a crisis 22 September 2021 by Torsten Bell We are heading into a cost-of-living crunch this autumn, with low and middle-income Britain facing the tightest squeeze as bills rise and Universal Credit is cut. Crises often build slowly… Continue Reading
Comment The current consumption crisis will be important for the future jobs market recovery 16 October 2020 by Maja Gustafsson Britain’s jobs crisis is concentrated in low-paying sectors like hospitality, retail, arts and leisure that have been hardest hit by lockdown and ongoing social distancing measures. In 2019, 32 per… Continue Reading
Comment Family spending before the coronavirus crisis helps us to understand its potential impact 23 March 2020 by Fahmida Rahman Last week the Office for National Statistics (ONS) published its annual rundown of how UK households spent their money. These statistics provide the most detailed and direct insight into current… Continue Reading
Publications The benefit freeze has ended, but erosion of the social security safety net continues Expected benefit uprating in April 2020 16 October 2019 by Adam Corlett Major working-age benefits will rise in cash terms in April 2020, for the first time in five years. But while the benefit freeze has now ended, its effect of significantly… Continue Reading
