The Living Standards Outlook 2019

Published on by

Incomes and Inequality

Detailed data about household incomes comes with a considerable lag. And while the Office for Budget Responsibility (OBR) produces economic forecasts for the next five years, these only tell us about averages. In this, our second dedicated Living Standards Outlook, we combine survey data, OBR forecasts, the government’s tax and benefit policies, and more, to … Continued

READ MORE

Happy now? Lessons for economic policy makers from a focus on subjective well-being

Published on by

Incomes and Inequality

How happy are people in the United Kingdom? How satisfied are they with their lives? These questions and others are central to the well-being agenda that has been growing in prominence in economic and wider policy circles since the turn of the century. This paper, the first time the Resolution Foundation has published detailed analysis … Continued

READ MORE

Counting the cost: UK living standards since the 2016 referendum

Published on by

Public Finances and the Economy

Household incomes are around £1,500 year lower today than they were expected to be before the Brexit referendum – with the UK having experienced the sharpest income growth slowdown of any economy for which the OECD publish data. This publication focuses on the UK’s economic performance since the EU referendum, but also goes beyond the … Continued

READ MORE

Atypical approaches: Options to support workers with insecure incomes

Published on by

Jobs, Skills and Pay

The UK’s employment rate continues to reach record highs. But while the majority of jobs added in recent years have been full-time employee roles, much attention has rightly been paid to less standard arrangements. Zero-hours contracts (ZHCs), self-employment and the gig economy have been the cause of much concern over the past decade, along with … Continued

READ MORE

House of the rising son (or daughter): the impact of parental wealth on their children’s homeownership

Published on by

Housing, Wealth and Debt

Homeownership rates have plummeted for today’s younger generation. Hypothetically, it would currently take a 27-30 year old first time buyer around 18 years to save for a deposit if they relied solely on savings from their own disposable income (up from three years two decades ago). Rising unaffordability has led many first-time buyers (FTBs) to … Continued

READ MORE