Government must get Universal Credit ‘battle ready’ for the UK’s unemployment crisis

The Government must get Universal Credit ‘battle ready’ for the UK’s growing unemployment crisis by encouraging more people to claim, extending eligibility to more middle-income households, getting more advance payments out to those who desperately need them, and publishing real time data on what support is getting through, according to a new Resolution Foundation briefing … Continued

Chancellor spends £10 billion to fill self-employment gap in his crisis response, but warns National Insurance rises are to come

New measures announced by the Chancellor today (Thursday) will provide significant grants to the self-employed, going beyond the estimated 1.7 million self-employed workers who face major income losses as a result of the government’s lockdown, but exclude those on high incomes or who own their own firm, the Resolution Foundation says. The Chancellor’s announcement of … Continued

Britain went into this crisis with falling incomes for low and middle income households

Response to Households Below Average Income (HBAI) statistics

Typical UK household incomes stagnated last year and living standards for low income households are lower than they were in 2014-15, the Resolution Foundation said today (Thursday) in response to the latest Households Below Average Income (HBAI) statistics. Median incomes were unchanged in 2018-19 after housing costs are taken into account, leaving them below the level seen … Continued

Compensation for workers losing their jobs or having hours cut is needed alongside action on the self-employed

The Chancellor should build on last Friday’s welcome and ambitious job support package with fresh measures to support both self-employed workers and employees who are still not getting the help they need, the Resolution Foundation said today (Wednesday). In a new briefing note – Next steps for supporting family incomes – the Foundation considers who … Continued

Government sets out unprecedented but essential pledges to underwrite wages and strengthen the safety net

Onus now on firms to not lay off workers and for government to get payments flowing

The Chancellor’s hugely welcome and unprecedented pledge to pay 80 per cent of the wages of employees without work to do in struggling firms is a crucial step change in the government’s economic response to the current crisis, the Resolution Foundation said today (Friday). Resolution Foundation analysis shows why it is so crucial to act, … Continued

Resolution Foundation calls for £22bn package to support workers facing lay-offs and families facing big income shocks

The government should introduce a new Statutory Retention Pay (SRP) scheme to support struggling firms and prevent mass job losses among the five million employees in sectors critically affected by the coronavirus shutdown, as well as wider support to limit the living standards hit to families, according to a new Resolution Foundation report published today … Continued

£200 billion spending increase to tackle coronavirus and end austerity sees Chancellor turn on borrowing taps

The Chancellor decided to borrow an extra £108 billion in order to announce £206 billion of extra spending in his Budget, the Resolution Foundation said today (Wednesday) in response to the Budget. The Budget combined an immediate £12 billion package to tackle coronavirus with much bigger and longer-lasting spending increases to end austerity. The spending … Continued

Budget ‘Infrastructure revolution’ must be accompanied by ‘delivery revolution’ to avoid wasting £10 billion

The forthcoming Budget ‘infrastructure revolution’ must be accompanied by better planning, evaluation, and execution of projects, if the government is going to avoid losing £10bn of the £100bn it plans to invest in ‘levelling up’ the country, according to a new report published today (Wednesday) by the Resolution Foundation. The report – Euston, we have … Continued

 ‘Blue Wall’ paying the price of relative decline in the 2010s, alongside long-lasting North-South divide

The ‘Blue Wall’ constituencies that switched from Labour to the Conservatives in the last election experienced a tough 2010s in terms of their jobs, pay and house prices, according to new research published today (Wednesday) by the Resolution Foundation. Painting the towns blue explores the demographics and living standards of the 50 seats across Wales, … Continued

The ‘Universal Credit parliament’ has finally arrived, but UC’s very different impact across the country is being ignored

Press release from the Resolution Foundation Embargo – 00:01hrs Tuesday 21st 2020   The ‘Universal Credit parliament’ has finally arrived, but UC’s very different impact across the country is being ignored   The impact of Universal Credit (UC) will be felt very differently in different places: something currently being ignored amid growing debates about how … Continued

Women’s working week lasts an hour longer since the crisis

Britain’s centuries-long fall in the length of the working week has stalled in the wake of the financial crisis, and has actually increased by an hour for women and young people over the past decade, according to new research published today (Saturday) by the Resolution Foundation. The Times They Aren’t A Changin’ – supported by Trust … Continued

More lower income households are using consumer debt – even as overall household debt has fallen from pre-crisis peaks

Low-income households have seen the fastest rise in the use of consumer debt since the financial crisis, and are too exposed to financial shocks, according to new research published today (Wednesday) by the Resolution Foundation. An outstanding balance? explores changes in the use of consumer debt – including credit cards, store cards, mail order and … Continued

Stronger enforcement needed as minimum wage underpayment grows

Stronger enforcement of the minimum wage is needed as underpayment is rising, and fines for those underpaying are too low, according to new research published today (Wednesday) by the Resolution Foundation. Under the wage floor says that the huge success of the UK’s legal minimum wage over the last 20 years has combined higher wages … Continued

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