Welfare Foundation responds to Health Select Committee report on social care from the perspective of low earners 12 March 2010 NEWS RELEASE Strictly embargoed: 00:01 12 March 2010 FOUNDATION RESPONDS TO HEALTH SELECT COMMITTEE REPORT ON SOCIAL CARE FROM PERSPECTIVE OF LOW EARNERS 84% of low earners[1] over 65 years old own their own home[2]: they are asset rich, and income poor Low earners spend 100% of their monthly income leaving little left over … Continued READ MORE
Welfare There is a 20-30 year window of opportunity to help low earners pay for social care 11 March 2010 NEWS RELEASE – Strictly embargoed: 00:01 11 March 2010 20-30 YEAR WINDOW OF OPPORTUNITY TO HELP LOW EARNERS PAY FOR SOCIAL CARE Councils can play a greater role in supporting individuals who are ineligible for state funded care to access the equity in their homes to pay for their care. Many low-income households lose … Continued READ MORE
Living standards Foundation welcomes Money Made Clear national role out 11 March 2010 NEWS RELEASE For immediate release: Thursday 11 March 2010 FOUNDATION WELCOMES MONEY MADE CLEAR NATIONAL ROLL OUT The Resolution Foundation welcomes the national roll out of the Money Made Clear. The Foundation has been championing the ‘advice gap’ that low earners face and is delighted that a financial advice service geared towards vulnerable … Continued READ MORE
Living standards New report shows toll taken on low earning, hard working households by the recession 8 March 2010 NEWS RELEASE Strictly embargoed: 00:01 Monday, 8 March 2010 New reports show toll taken on low earning, hard-working households by the recession Low earners hit harder than welfare dependents or higher earners £1.9billion of unsecured debt in 3.6m of the most economically fragile households Two new reports by the low earners think tank, The Resolution … Continued READ MORE
Living standards Response to the Joseph Rowntree Foundation’s reports 9 February 2010 NEWS RELEASE For immediate use: 9 FEBRUARY 2010 Response to the Joseph Rowntree Foundation’s reports The Resolution Foundation today welcomes the Joseph Rowntree Foundation’s reports on cycles of poverty, unemployment and low pay. The Resolution Foundation works to improve outcomes for low earners: those just above the poverty line yet struggling on low incomes and … Continued READ MORE
Economy and public finances Sensible pre-budget report for low earners 11 December 2009 NEWS RELEASE For immediate release: FRIDAY 11 DECEMBER 2009 SENSIBLE PRE-BUDGET REPORT FOR LOW EARNERS The Foundation welcomes the Chancellor’s pre-budget report which links recovery to GDP growth and helps to protect low earners. The PBR met all three of the Resolution Foundation’s asks for low earners: For the reduction of the budget deficit to … Continued READ MORE
Living standards Low earners pushed closer to crisis by recession 11 November 2009 NEWS RELEASE Strictly embargoed until: 00.01 WEDNESDAY 11 NOVEMBER 2009 LOW EARNERS PUSHED CLOSER TO CRISIS BY RECESSION The recession risks driving the UK’s 14.3 million low earners1 closer to crisis as the downturn compounds their already vulnerable position. This is particularly true for the 7.2 million working low earners who will continue to be … Continued READ MORE
Living standards Recession getting worse for low earners 23 October 2009 NEWS RELEASE For immediate use: FRIDAY 23 OCTOBER 2009 RECESSION GETTING WORSE FOR LOW EARNERS Despite recent talk of return to growth today’s ONS figures show that the recession is far from over for low earners with larger declines in overall growth in key low earner industries compared with the previous quarter. 1. There … Continued READ MORE
Living standards Audit shows low earners paying high price in recession: quarterly update of low earners audit published 12 August 2009 NEWS RELEASE For immediate use: WEDNESDAY 12 August 2009 AUDIT SHOWS LOW EARNERS PAYING HIGH PRICE IN RECESSION Quarterly update of low earners audit published With Job Seekers Allowance data published this week likely to show another rise in unemployment, a new report reveals the heavy toll being taken on lower earners[1] and the … Continued READ MORE
Living standards Foundation welcomes code of practice for comparison websites but urges best practice 16 July 2009 NEWS RELEASE For immediate use: THURSDAY 16 JULY 2009 FOUNDATION WELCOMES CODE OF PRACTICE FOR COMPARISON WEBSITES BUT URGES BEST PRACTICE The Comparison Consortium code of practice announced today is a first important step towards improving the conduct of comparison websites. However, the Resolution Foundation also believes that this first step must be built on … Continued READ MORE
Welfare Social care green paper will help struggling low earners 14 July 2009 NEWS RELEASE – For immediate use: TUESDAY 14 JULY 2009 SOCIAL CARE GREEN PAPER WILL HELP STRUGGLING LOW EARNERS 7.8 million low earners own their own home Low earners often fall over the threshold for means-tested support Low earners spend 97% of their monthly income, leaving very little left over for care costs Low … Continued READ MORE
Housing Foundation welcomes proposed funding for Money Guidance 1 July 2009 NEWS RELEASE FOUNDATION WELCOMES PROPOSED FUNDING FOR MONEY GUIDANCE The Resolution Foundation welcomes the extension of the Financial Services Authority levy to pay for the national roll out of Money Guidance. The Foundation has been working since 2005 to improve low earners access to financial advice. The Financial Services White Paperi, published yesterday, announced that … Continued READ MORE
Living standards Low earners exposed in recession and recovery 30 June 2009 NEWS RELEASE For immediate use: TUESDAY 30 JUNE 2009 LOW EARNERS EXPOSED IN RECESSION & RECOVERY The Resolution Foundation today launches a new programme of work to raise the profile of the UK’s 13.4 million ‘low earners’[1] and to address their plight in the recession and recovery. Low earners are an invisible group … Continued READ MORE
Welfare Reform of social care must pass same test as pensions 4 June 2009 NEWS RELEASE For immediate use: X June 2009 REFORM OF SOCIAL CARE MUST PASS SAME TESTS AS PENSIONS Ahead of the publication of the Government’s Green Paper on adult social care, … Continued READ MORE
Housing Need for new financial advice service could not be more urgent as number of low earners worrying about their finances doubles 14 April 2009 NEWS RELEASE For immediate use: 14 April 2009 NEED FOR NEW FINANCIAL ADVICE SERVICE COULD NOT BE MORE URGENT AS NUMBER OF LOW EARNERS WORRYING ABOUT THEIR FINANCES DOUBLES Foundation welcomes launch of Money Made Clear A new poll conducted by the Resolution Foundation found that nearly 3 million low earners now worry ‘all … Continued READ MORE
Living standards Audit shines spotlight on overlooked group 30 March 2009 NEWS RELEASE For immediate use: MONDAY 30 March 2009 AUDIT SHINES SPOTLIGHT ON OVERLOOKED GROUP Resolution Foundation publishes report on the state of low earners The Resolution Foundation publishes its’ first Low Earners Audit tomorrow at its’ Annual Conference which illustrates the highly vulnerable position of Britain’s 13.4 million low earners[1]. ‘Low earners’ … Continued READ MORE
Welfare Social care of older people as important as NHS 19 February 2009 NEWS RELEASE Embargoed until: Tuesday 19th February 00:01 SOCIAL CARE OF OLDER PEOPLE AS IMPORTANT AS NHS Three quarters of people view the reform of elderly care as equal to or more important than key NHS reforms, according to research published today by the Resolution Foundation: – 73% said they viewed elderly care … Continued READ MORE
Welfare Response to CSCI State of Social Care report 27 January 2009 NEWS RELEASE For immediate use: 27th January 2009 RESPONSE TO CSCI STATE OF SOCIAL CARE REPORT PERSONALISTION AGENDA NEEDS A WELL FUNCTIONING MARKET CSCI’s report, The State of Social Care in England, adds weight … Continued READ MORE
Labour market Government must give working poor a fair chance 13 January 2009 NEWS RELEASE For immediate release: 13 January 2009 Government must give the working poor a fair chance, says Resolution Foundation The Resolution Foundation today welcomed the Government’s White Paper on social mobility but called for an acceleration of action to ensure that new opportunities and fair chances for the future are extended to those … Continued READ MORE
Welfare It’s not about funding…yet 8 December 2008 NEWS RELEASE For immediate use: 8th December 2008 IT’S NOT ABOUT THE FUNDING…YET SOCIAL CARE FOR OLDER PEOPLE The Resolution Foundation today calls on the Government to improve care for all older people through whole sale reform of the social care system. The Foundation’s report, Navigating the Way, demonstrates how reforming the social … Continued READ MORE
Labour market Still more to do to address the plight of low earners 25 November 2008 NEWS RELEASE For immediate release: 25 November 2008 STILL MORE TO DO TO ADDRESS PLIGHT OF LOW EARNERS The Resolution Foundation today welcomed much of the Government’s Pre-Budget Report and the breathing space that it offers to low earners: Low earners are more likely to work for small businesses, so the measures to assist … Continued READ MORE
Living standards Foundation announces launch of Financial Health Forum 20 October 2008 NEWS NOTICE For immediate release: 20 October 2008 FINANCIAL HEALTH FORUM BEGINS WORK Responding to current economic anxiety, a new body has been formed to improve individuals’ financial health. The Financial Health Forum, made up of senior executives from financial and related fields, met for the first time today. The Financial Health Forum … Continued READ MORE
Welfare New hope for social care 6 October 2008 NEWS RELEASE For immediate release: Monday 6 October 2008 NEW HOPE FOR SOCIAL CARE The Resolution Foundation is delighted to welcome Phil Hope to his new appointment in the Department of Health with responsibility for social care. Elevating social care to a Minister of State responsibility reflects what the Foundation witnessed at Party … Continued READ MORE
Housing Foundation welcomes Pathfinder progress 8 July 2008 NEWS RELEASE For immediate release: 8th July 2008 FOUNDATION WELCOMES PATHFINDER PROGRESS The Resolution Foundation today welcomes the Government’s Financial Capability Action Plan1 and the announcement that the North West and North East of England have been chosen to site the Money Guidance pathfinder. The Financial Services Authority is taking forward the Money … Continued READ MORE
Labour market 2 million low earners are carers – read the Foundation’s response to the Carers 10 June 2008 NEWS RELEASE For immediate use: Tuesday 10th June 2008 2 MILLION LOW EARNERS ARE CARERS Time for the Government to break the vicious cycle of hardship Low earners are more than twice as likely than average to be carers, new polling information for the Resolution Foundation shows. The YouGov poll[1], released today to … Continued READ MORE