Living standards The Living Standards Outlook 2022 8 March 2022 by Adam Corlett and Lalitha Try Our fourth Living Standards Outlook explores the prospects for household incomes over both the near-term, as rising inflation causes a cost of living crisis, and the longer-term, based on the latest economic forecasts. READ MORE
Economy 2030· Welfare Social Insecurity Assessing trends in social security to prepare for the decade of change ahead 19 January 2022 by Mike Brewer and Karl Handscomb and Gavin Kelly and James Smith and Lalitha Try The UK is facing a decade of unprecedented economic change as we adjust to a post-Covid-19 economy, a new economic context outside the European Union (EU), and the decarbonisation of the economy. And the social security system has a key role to play in the years ahead: it is part of the policy toolkit for … Continued READ MORE
Living standards· Universal Credit· Welfare Taper cut Analysis of the Autumn Budget changes to Universal Credit 6 November 2021 by Mike Brewer and Karl Handscomb and Lalitha Try This briefing note looks at the changes to Universal Credit (UC) – the main benefit for low-income families – made by the Chancellor in the Autumn 2021 Budget. The reduction in the taper rate from 63 to 55 percent, and increase in the work allowance by £500 a year, represent a significant, permanent increase in … Continued READ MORE
Budgets & fiscal events· Economy and public finances The Boris Budget Resolution Foundation analysis of Autumn Budget and Spending Review 2021 28 October 2021 by Torsten Bell and Mike Brewer and Nye Cominetti and Karl Handscomb and Kathleen Henehan and Lindsay Judge and Jack Leslie and Jonathan Marshall and Krishan Shah and James Smith and Daniel Tomlinson and Lalitha Try This briefing note provides an assessment of the measures announced in the October 2021 Budget and Spending Review. The Chancellor has unveiled a career-defining third Budget against a backdrop of heightened uncertainty and risks. His aim: to draw a line under Covid-19, boost spending in the key priority areas yet also bear down on the … Continued READ MORE
Intergenerational Centre An intergenerational audit for the UK 2021 21 October 2021 by Kathleen Henehan and Maja Gustafsson and Nye Cominetti and Karl Handscomb and Lindsay Judge and Jack Leslie and Lalitha Try Our third Intergenerational Audit – supported by the Nuffield Foundation – provides an analysis of economic living standards across generations in Britain. In so doing, it analyses the latest data across four domains: Jobs, skills and pay Housing costs and security Taxes, benefits and household incomes Wealth and assets In each of these domains, we … Continued READ MORE
Budgets & fiscal events· Public spending· Economy and public finances Nationally Insured? New taxes and new spending to address key Department for Health and Social Care priorities 8 September 2021 by Torsten Bell and Mike Brewer and Nye Cominetti and Lindsay Judge and Krishan Shah and Daniel Tomlinson and Lalitha Try This note assesses the announcements made by the Government on the suspension of the Triple Lock, National Insurance rises, health and social care funding, and public spending totals for the rest of this Parliament made on 7 September 2021. READ MORE
Universal Credit· Welfare· Intergenerational Centre Age-old or new-age? The changing incidence of social security benefits by age 27 August 2021 by Karl Handscomb and Lalitha Try At the start of the Covid-19 crisis, the number of families receiving income from the benefits system increased significantly, with 1.3 million more families receiving Universal Credit within three months – reversing a trend of a steady decline in families receiving benefits. In this briefing note, we examine the shift in the numbers of families … Continued READ MORE
Ventures· Low pay· Pay Workertech and low pay An overview of research on low-paid workers in the UK 19 July 2021 by Nye Cominetti and Louise Marston and Lalitha Try This paper summarises Resolution Foundation research on low-paid workers and their experiences of work and the labour market. These are the workers that we are trying to reach with Resolution Ventures and the Workertech Partnership. READ MORE
Living standards· Incomes The Living Standards Audit 2021 1 July 2021 by Karl Handscomb and Kathleen Henehan and Lalitha Try This report is our fifth annual Living Standards Audit. This year we update our analysis of income before Covid-19; assess how incomes are faring during the crisis; and consider factors that will have an important bearing on household incomes in the future. READ MORE
