Public finances Britain divided over whether future growth will improve living standards 29 April 2013 The electorate is broadly split over whether, come the next general election, it will still be possible for the government of the day to ensure steadily rising living standards, according to a new polling report for the Resolution Foundation. The analysis, “2015- the living standards election?”, gives a unique insight into what voters think that … Continued READ MORE
Public finances Nearly half of Britons expect a further drop in living standards by the next general election 24 April 2013 Almost half the British public expect to be worse off by the time of the next election in 2015 than they are now, reveals a major new polling project from the Resolution Foundation. In addition, much of the electorate is expecting the rest of this decade to be characterised by slow growth with more than one … Continued READ MORE
Work The jobs gap is widening while wages are falling 17 April 2013 Today’s jobs figures show growth in the number of people in employment has come to a halt – there has now been no increase in the number of people working since September-November 2012. However, the Resolution Foundation’s analysis reveals that the true picture is worse than this because the UK needs to create enough jobs … Continued READ MORE
Work National Minimum Wage – reaction and briefing notes from the Resolution Foundation 15 April 2013 Today’s announcement at a Resolution Foundation event by Business Secretary Vince Cable that the National Minimum Wage will increase by 1.9 per cent to £6.31 for an hour for adults means that the wage floor is set to fall in real terms for the fourth year in succession – to around its 2004 level. In … Continued READ MORE
Work The UK pay gap – how top earners surge ahead of the rest 14 April 2013 New analysis released by the Resolution Foundation today (Monday 15 April) reveals how many hours ordinary workers would have to put in to earn the same as the highest-paid people in the country – and how far minimum wage workers lag behind. It shows that the pay of the top one per cent of full-time … Continued READ MORE
Social security New childcare support is welcome but it’s skewed towards the affluent and misses out the poorest working families 24 March 2013 Overall there are 2.6 million working families who will be eligible for new childcare support announced in the Budget. This extra money (just under £1bn) will bring real help to those families who take it up and is very welcome. However, Resolution Foundation analysis published today shows for the first time how little this extra … Continued READ MORE
Public finances Budget analysis and reaction from the Resolution Foundation 20 March 2013 On personal tax allowances – Small gains for the great majority of tax payers excluding the very highest and lowest earners. However three-quarters of the £1 billion goes to households in the top half. On fuel duty – The freeze on fuel duty will disproportionately benefit lower and modest income families. On childcare – Welcome … Continued READ MORE
Incomes ‘Government doesn’t understand the financial pressures we face’ say large majority of families 13 March 2013 Almost 7 in 10 Britons think the government does not understand the financial strain they are under, suggests a poll conducted for the Resolution Foundation. Asked to respond to the statement that “The government understands the financial pressures on me and my family”, an overall 69 per cent of those surveyed disagree (with 48 per … Continued READ MORE
Incomes Squeezed Britain faces a decade of slow recovery in living standards 13 February 2013 It may be another decade before Britain’s low to middle income families can expect to see their living standards return to pre-recession levels a major report, Squeezed Britain 2013, by the Resolution Foundation warns today. The prolonged downturn means that this large swathe of the population is likely to face a permanent hit to their … Continued READ MORE
Public finances Resolution Foundation response to OECD economic survey of the UK 6 February 2013 The Resolution Foundation welcomed the OECD’s advice today (Wed 6th Feb) that the government should act to ensure that work always pays for second earners. The report echoes the Resolution Foundation’s Commission on Living Standards, suggesting that government could take steps to give equal treatment to second-earners under Universal Credit and increase support for childcare. … Continued READ MORE
Social security Council Tax bills will rocket for poorest households from April 31 January 2013 Low-income families will see their council tax bills rise by up to £600 a year from April, a study by the Resolution Foundation reveals today. As a result of council tax benefit reform, the report shows that three-quarters of local authorities are set to demand increased payments from the 3.2 million poorest working-age households who … Continued READ MORE
Work Up to 4 million low-paid workers could be helped by ‘Living Wage Cities’ 20 January 2013 Govt should fund training for small and medium firms The government should help small and medium firms to pay their workers a living wage by committing public savings to cities which take the lead in tackling low pay, according to a major new study published today. The report, from the Resolution Foundation and IPPR think … Continued READ MORE
Social security Four crucial questions raised by Government’s childcare reforms 7 January 2013 The government’s focus on childcare is welcome but the Resolution Foundation has serious concerns that the introduction of tax relief for childcare, as has been reported, will benefit those on higher incomes more than those for whom childcare costs present the greatest barriers to employment. Experience with employer supported childcare vouchers, which already offer tax … Continued READ MORE
Work Paying a Living Wage could save the UK billions 28 December 2012 Introducing the living wage across the UK would save the Treasury just over £2 billion a year, a new study will reveal. The analysis from the Resolution Foundation and the IPPR think tanks to be published early in the New Year is the most detailed examination yet of the potential impact of the living wage … Continued READ MORE
Public finances Autumn statement hits “strivers” as wage squeeze is prolonged 5 December 2012 The majority of cuts to benefit and tax credits announced in today’s Autumn Statement will fall on working households, warns independent think-tank the Resolution Foundation. Resolution Foundation analysis shows that approximately 60 per cent of the effect of a three-year below-inflation rise in benefits will hit working households while 40 per cent will affect those … Continued READ MORE
Incomes Gains from growth to bypass much of working Britain without bold action 31 October 2012 LANDMARK REPORT: GAINS FROM GROWTH TO BYPASS MUCH OF WORKING BRITAIN WITHOUT BOLD ACTION Millions of households are heading for a long period of stagnant living standards unless bold steps are taken to ensure that growth over the next decade is broadly shared, according to a landmark investigation into the squeeze on incomes. Even with … Continued READ MORE
Social security The cost of childcare means work often doesn’t pay for middle and lower income families 28 October 2012 High childcare costs mean that a woman working full-time could bring home as little as £4 a week in extra pay a new report from the Resolution Foundation shows. In the most extreme case, a second earner working full-time at the minimum wage in a family where her partner is already working full-time at the … Continued READ MORE
Social security Study shows 1.2 million workers face threat to benefits under Universal Credit 5 October 2012 A study published today (5 October) by the Resolution Foundation finds that almost 1.2 million low-paid workers entitled to support under Universal Credit will have to look for extra work or face the risk of having payments withdrawn. The report reveals for the first time how many working people are likely to be affected by … Continued READ MORE
Work One in five workers on low pay as National Minimum Wage falls again in real terms 29 September 2012 One in five British workers – just over five million employees – are low-paid, finds a new report from the independent Resolution Foundation published as the national minimum wage falls in real terms for the third consecutive year. The report, Low Pay Britain 2012, shows that the nation’s share of low-paid work has grown steadily … Continued READ MORE
Incomes Living standards set for decade of decline unless Britain charts a new course 23 September 2012 Living standards for Britain’s low and middle income households will be lower in 2020 than they were a decade earlier even if growth returns, a new economic analysis suggests. Households in this group are set for income falls of between 3 and 15 per cent from 2008 to 2020. The study, carried out for independent … Continued READ MORE
Work Unemployment is dragging down wages more steeply than in previous recessions 19 September 2012 Typical workers have lost an extra £800 in annual pay over recent years because unemployment has begun to drive down wages much more strongly than had previously been observed, a new study for independent think-tank the Resolution Foundation has discovered. The study, What a Drag, shows that the relationship between pay and unemployment shifted during … Continued READ MORE
Incomes Stealth raid to cost families over £600 a year 11 September 2012 The government’s decision to change the way support for families keeps up with rising prices is going to cost the typical family with children £614 a year due to reductions in Child Benefit and Universal Credit payments, according to new research from independent think tank the Resolution Foundation. This stealth raid will hit those on … Continued READ MORE
Incomes Politicians just don’t get the financial pressures faced by ordinary families 30 August 2012 More than two people in five (43%), think most politicians don’t understand the financial pressures they face, according to new polling from independent think tank, the Resolution Foundation, with levels of dissatisfaction running highest among the middle aged (53% of 45 – 54 year olds). The poll, a quarterly tracker of household finances, carried out by … Continued READ MORE
Work UK risks missing golden opportunity among over 50s 8 August 2012 The UK could miss a historic opportunity to boost employment among the over 50s, according to new research from independent think tank the Resolution Foundation. The analysis finds that the UK ranks 15th out of 34 OECD countries, for older workers, lagging the five top countries for by over fifteen percentage points. Closing this gap … Continued READ MORE
Housing Olympic inspiration for new family housing 19 July 2012 The planned conversion of the Olympic Village to 1,400 high quality long-term private rental homes should serve as an inspirational model for how to tackle the UK’s housing crisis according to new research published today by independent think tank the Resolution Foundation. The report argues that with one low to middle income family in four … Continued READ MORE
