Euston, we have a problem

Is Britain ready for an infrastructure revolution?

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The centrepiece of the new government’s first Budget is expected to be an ‘infrastructure revolution’ – spending at least an additional £100 billion over the next five years on public investment. This is significant because such spending has the potential to support economic growth, improve living standards and protect the environment. So this report considers … Continued

Housing Outlook Q1 2020

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As we enter a new decade in which both the politics and economics of housing look set to be centre stage, this quarterly publication will be tracking all the key trends as the 2020s unfold. We will be keeping an eye on the housing market, and the way that housing intersects with both living standards and policy developments. This quarter, we begin with a look at house prices and ask whether the ‘levelling up’ we observe across the country since 2016 is at an end, or if the process still has further to run.

Playing by their own rules?

We analyse whether the policy platforms announced by the main parties are consistent with their own fiscal rules

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Fiscal rules are crucial for the government’s stewardship of the public finances and framing its economic priorities. So it is welcome that the main parties have prioritised setting out the rules they would follow, with their announcements following to different degrees the approach recommended by earlier Resolution Foundation work. But fiscal rules are only useful … Continued

Recession ready?

Assessing the UK’s macroeconomic framework

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This report is the launch paper for the Resolution Foundation’s Macroeconomic Policy Unit. It provides the most comprehensive assessment of the UK’s macroeconomic policy framework since the financial crisis, focusing on the ability of the framework to provide effective support to the economy in the face of the next recession. This work is important, given … Continued

A problem shared?

What can we learn from past recessions about the impact of the next across the income distribution?

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While the received wisdom from the 1980s and 1990s recessions was that those at the bottom of the income distribution suffer most during severe downturns. But this was less obvious in the aftermath of the financial crisis. So this briefing note looks at what lessons we can learn from that episode about the distributional impact … Continued

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