Budgets & fiscal events· Economy and public finances Help today, squeeze tomorrow Putting the 2022 Autumn Statement in context 18 November 2022 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 Jack Leslie and Jonathan Marshall and Charlie McCurdy and Krishan Shah and James Smith and Greg Thwaites and Lalitha Try This report presents Resolution Foundation’s analysis of the 2022 Autumn Statement. In the face of grim economic and fiscal forecasts, Jeremy Hunt announced energy support today but tougher times tomorrow, with stealth tax rises for the middle and top of the income distribution followed by spending cuts after the next election. 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
Economy 2030· Firms· Productivity & industrial strategy· Brexit & trade· Cities and regions The Big Brexit An assessment of the scale of change to come from Brexit 22 June 2022 by Swati Dhingra and Emily Fry and Sophie Hale and Ningyuan Jia Leaving the EU represents the largest change in the UK’s relationship with the rest of the world in nearly half a century. It is a profound change in economic governance, that will reorient production away from trade with the EU and towards the domestic market, impacting people, places and firms across the UK. Understanding the … Continued 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
Economy 2030 A presage to India Assessing the UK’s new Indo-Pacific trade focus 26 January 2022 by Sophie Hale The Government’s trade policy is pivoting to target the fast-growing Indo-Pacific region. The key part of this strategy is a new deal with India. This briefing note explores the implications of this approach finding that it’s something of a gamble with potential rewards coming with big risks. READ MORE
Economy 2030 More trade from a land down under The significance of trade agreements with Australia and New Zealand 20 December 2021 by Sophie Hale and James Smith Last week’s announcement of a trade agreement with Australia (along with a soon-to-be-finalised deal with New Zealand) is good news for the Government’s post-Brexit trade strategy. The deal with Australia represents the first substantively new deal, providing evidence of the opportunities the UK now has after leaving the EU. But both deals are small in … Continued READ MORE
Economy 2030 Trading places Brexit and the path to longer-term improvements in living standards 14 October 2021 by Swati Dhingra and Josh De Lyon and Sophie Hale and James Smith This briefing note is the launch paper for the Brexit research theme of The Economy 2030 Inquiry, a joint project between the Resolution Foundation and the London School of Economics, funded by the Nuffield Foundation. It outlines how trade shapes, and is shaped by, wider changes to the economy, defining the nature of jobs for … Continued READ MORE
