Budgets & fiscal events· Economy and public finances We’re going on a growth Hunt Putting the 2023 Spring Budget in context 16 March 2023 by Torsten Bell and Mike Brewer and Molly Broome and Nye Cominetti and Adam Corlett and Emily Fry and Sophie Hale and Karl Handscomb and Charlie McCurdy and Louise Murphy and Felicia Odamtten and Cara Pacitti and Simon Pittaway and Krishan Shah and James Smith and Greg Thwaites and Lalitha Try This report examines the economic backdrop to Budget 2023, and assesses whether the Chancellor has successfully delivered on his central objective of boosting growth through higher employment and business investment. READ MORE
Budgets & fiscal events· Economy and public finances New Budget, same problems Spring Budget preview 6 March 2023 by Molly Broome and Adam Corlett and Emily Fry and Karl Handscomb and Louise Murphy and Felicia Odamtten and Cara Pacitti and Krishan Shah and Hannah Slaughter and James Smith and Greg Thwaites and Lalitha Try In our Spring Budget preview slidepack, we assess the economic outlook ahead of Jeremy Hunt’s Spring Budget on March 15th, and explore the policy choices facing the Chancellor in three key areas: cost-of-living support, public sector pay and boosting growth. We find that there is finally some good news for the Chancellor in the short … Continued READ MORE
Covid-19· Labour market· Wellbeing and mental health Post-pandemic participation Exploring labour force participation in the UK, from the Covid-19 pandemic to the decade ahead 21 February 2023 by Louise Murphy and Greg Thwaites Labour market inactivity has increased. Many of the newly inactive won’t come back. Boosting labour market participation means focusing on older workers, women with children, and those affected by rising ill-health and disability – groups where progress has been made and scope for more remains. READ MORE
Labour market· Low pay Constrained choices Understanding the prevalence of part-time work among low-paid workers in the UK 30 November 2022 by Louise Murphy This is the fifth output from the Resolution Foundation which contributes to the Young person’s future health inquiry. It discusses the concentration of part-time work among low-paid workers (including young people), and explores the reasons why low-paid workers work part-time, and the extent to which low-paid workers experience agency over their working hours. It draws … Continued READ MORE
Intergenerational Centre An intergenerational audit for the UK 2022 14 November 2022 by Molly Broome and Sophie Hale and Nye Cominetti and Adam Corlett and Karl Handscomb and Louise Murphy and Lalitha Try Our fourth Intergenerational Audit – part of the ESRC-funded Connecting Generations partnership – provides an analysis of economic living standards across generations in Britain. In so doing, it analyses the latest data across four domains: Household incomes and costs; Jobs, skills and pay; Wealth and assets; and Housing costs and security. In each of these domains, … Continued READ MORE
Budgets & fiscal events· Economy and public finances Blowing the budget Assessing the implications of the September 2022 fiscal statement 24 September 2022 by Torsten Bell and Molly Broome and Nye Cominetti and Adam Corlett and Emily Fry and Karl Handscomb and Lindsay Judge and Jack Leslie and Louise Murphy and Krishan Shah and Hannah Slaughter and James Smith and Greg Thwaites and Lalitha Try The Chancellor decided to blow the budget in his first fiscal statement, bringing forward a £45 billion package of tax cuts, the biggest for 50 years. In this briefing note, we show that today’s Government is no longer fiscally conservative nor courting the Red Wall. Instead, debt is on course to rise in each and every year of the forecast period, and the focus has shifted to the South of England, where the beneficiaries of these tax cuts are more likely to be living. READ MORE
Living Wage Calculating the Real Living Wage for London and the rest of the UK: 2022 22 September 2022 by Nye Cominetti and Louise Murphy This report sets out the method through which the Living Wage (LW) rates – a voluntary hourly pay rate that is based on what families need to get by – in London and the rest of the UK are calculated by the Resolution Foundation, and overseen by the Living Wage Commission on behalf of the … Continued READ MORE
Labour market· Wellbeing and mental health· Intergenerational Centre Not working Exploring changing trends in youth worklessness in the UK, from the 1990s to the Covid-19 pandemic 13 June 2022 by Louise Murphy This report is part of the Health Foundation’s Young people’s future health inquiry, in which we focus on the labour market experience of young people, including its implications for health. This report provides a long-term view of what’s been happening to youth worklessness since the 1990s, looking beneath the headline figures. READ MORE
Budgets & fiscal events· Public spending· Economy and public finances Inflation Nation Putting Spring Statement 2022 in context 24 March 2022 by Torsten Bell and Mike Brewer and Adam Corlett and Sophie Hale and Karl Handscomb and Lindsay Judge and Jack Leslie and Jonathan Marshall and Louise Murphy and Krishan Shah and James Smith and Hannah Slaughter and Greg Thwaites This briefing note provides an assessment of the measures announced in the March 2022 Spring Statement. The Chancellor approached this with the highest inflation in 40 years and the worst income squeeze on record lying ahead of us. Against that backdrop, and with plenty of fiscal ammunition (thanks to the Office for Budget Responsibility’s (OBR’s) … Continued READ MORE
Covid-19· Labour market· Skills· Intergenerational Centre Leaving lockdown Young people’s employment in 2021: improvements and challenges in the second year of the Covid-19 pandemic 31 January 2022 by Louise Murphy This spotlight explores younger people’s employment trajectory during the Covid-19 pandemic, before setting out where policy makers should now be focused. READ MORE
