Exiting the EU without a trade deal and reverting to WTO ‘most-favoured nation’ (MFN) tariffs with the EU would lead to significant price rises across a range of goods, with low-income households facing the biggest cost pressures. This is according to a new joint-report published today (Tuesday) by the Resolution Foundation and the UK … Continued

  Concerning fall in apprenticeship starts after years of steady progress The concerning fall in apprenticeship starts suggests that the government will need to make the new Apprenticeship Levy more user-friendly for businesses to get the welcome progress of recent years back on track, the Resolution Foundation said in response to the latest figures published … Continued

The number of low-paid employees dropped by over 300,000 last year as Britain experienced its biggest year on year fall in low pay since 1977, according to a new report by the Resolution Foundation published today (Thursday). Low Pay Britain 2017, the seventh instalment of the Foundation’s flagship annual low pay report, shows that the UK remains too reliant on low paid work, defined as employees earning less than two-thirds … Continued

  Over half a million of Britain’s economically inactive population have a high probability of finding work, suggesting there is far more slack in the labour market than the headline unemployment figures suggest. This is according to the Resolution Foundation’s latest quarterly Earnings Outlook – supported by the Nuffield Foundation – published today (Monday). With … Continued

  The proportion of BAME workers with degrees has increased rapidly over the last two decades, but they still face a jobs gap and pay penalty compared to white graduates in the workforce, according to a new analysis published today (Saturday) by the Resolution Foundation. The Foundation says that the disparities facing BAME groups shows … Continued

Young people have experienced the tightest squeeze on household spending since 2000 and now consume 15 per cent less than older working age people on items other than housing, according to a new report published today (Saturday) by the Resolution Foundation. The finding of a consumption ‘youth deficit’ is in stark contrast to common claims … Continued

The average share of income that Britain’s families spend on housing has trebled over the last 50 years, with young people having to make do with longer commutes and smaller, insecure rented accommodation, according to a new report published today (Wednesday) by the Resolution Foundation. As Labour and the Conservatives head to their party conferences … Continued

  The UK jobs market continues to perform strongly but it is failing to filter through into wages as the pay squeeze continues, the Resolution Foundation said today in response to the latest labour market figures. Employment hit a new record high in the three months to July, while unemployment and economic inactivity reached fresh … Continued

  The rising cost of food and clothing means that inflation is increasing fastest for the poorest households, the Resolution Foundation said today in response to the latest inflation figures. The Foundation notes that the rising cost of food and clothing – which was falling this time last year ­– is now the biggest driver … Continued

Britons across all age groups no longer believe that young people today will have a better life than their parents, with pessimism strongest among graduates and high earners, according to new analysis by Ipsos MORI for the Resolution Foundation published today (Saturday). The report, based on a survey of over 2,000 adults commissioned for the … Continued

Over 5 million people now have second homes  There has been a 30 per cent increase between 2000-02 and 2012-14 in the proportion of adults who own multiple properties, rising 1.6 million to 5.2 million people (one in ten adults) in that period, new analysis published today (Saturday) by the Resolution Foundation has found. Combined … Continued

A tightening UK labour market, with employment at a new record high of 75.1 per cent and a significant slow down in the growth of EU workers, is raising job quality but not pay packets, the Resolution Foundation said in response to today’s Labour Market data release. With unemployment at 4.4 per cent, the lowest … Continued

Workers who move typically get a £2,000 pay rise  Contrary to the popular idea that ever more people move around the UK for work, moving region to change jobs is actually down 25 per cent since the turn of the millennium, with the typical worker that doesn’t move missing out on a £2,000 pay rise … Continued

Huge gaps in household income between different ethnicities persist Large living standards gaps between different ethnicities persist in Britain, with typical Bangladeshi household incomes being £8,900 (35 per cent) lower than the White British median; Pakistani households £8,700 less (34 per cent) and typical Black African households £5,600 less (22 per cent), according to new … Continued

  Welcome inflation fall but poorest households are experiencing the biggest price pressures The poorest households have experienced higher inflation than the richest households since the start of the year, the Resolution Foundation said today (Tuesday) in response to the latest inflation figures, which saw CPIH fall to 2.6 per cent in June. New Resolution … Continued

  Britain beset by big divides on housing, age and inequality The mini living standards boom between 2013 and 2015 came to an abrupt halt in the year running up to the recent General Election, with income growth halving to just 0.7 per cent, according to a major new report published today (Saturday) by the … Continued

  Women working in full-time employee jobs have accounted for 58 per cent of all jobs growth in the last year, despite the recent focus on men in the gig economy, the Resolution Foundation said today (Wednesday) in response to the latest labour market figures. Real earnings fell by -0.5 per cent in the three … Continued

  When a government publishes a Big Review – and at 115 pages the Taylor Review certainly fits that bill – the temptation is to rush into the weeds of its very many recommendations. But before we do that it’s worth stepping back and considering how remarkable it is that we’re even here in the … Continued

  The Taylor Review could mean far more for low-paid workers in retail, hospitality and social care than those operating in the gig economy, the Resolution Foundation said today (Tuesday). The Foundation says that for all the focus on the gig economy, it is the recommendation of a new minimum overtime wage that could have … Continued

The local employment benefits of growing advanced industries spread well beyond workers in those sectors, a new report from the Resolution Foundation published today (Monday) has found. However, this good news for jobs does not spill over into good news for pay, so low-paying sectors should also be a key focus for the government’s industrial … Continued

The Chancellor could uncap public sector pay, unfreeze benefits and undo planned departmental spending cuts, but only at the cost of significant tax rises or ripping up his fiscal plans, according to new analysis published today (Saturday) by the Resolution Foundation. With the shock election result last month leading many politicians to conclude that seven … Continued

Britain should prepare now for the end of unlimited cheap labour The UK labour market is at a tipping point, with the coming together of falling migration and the rising cost of low-paid labour set to fundamentally reshape the world of work over the coming years, according to a new book published today (Friday) by … Continued

RF proposal would protect the self-employed who do not set their own prices from extreme low pay The government should extend minimum wage legislation to protect some of the UK’s 4.8 million self-employed workforce as part of its drive to tackle low pay and insecurity in the modern workforce, according to a new report published today … Continued

  Typical hourly pay for workers living in London, Northern Ireland and those under the age of 40 were still at least 11 per cent below pre-crisis levels as the pay squeeze returned at the start of the year, according to the Resolution Foundation’s latest Earnings Outlook published today (Sunday). With real average weekly earnings … Continued

Commenting on the latest ONS figures on persistent poverty published today (Tuesday), David Finch, Senior Economic Analyst at the Resolution Foundation, said: “While overall poverty rates in the UK are broadly in line with the rest of Europe, it’s encouraging to see that the risk of staying in poverty is far lower here, though it … Continued