Tunnel vision: Autumn Budget 2018 and ‘ending austerity’

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Public Finances and the Economy, Tax and Welfare

In this briefing paper we explore the challenge facing the Chancellor in this year’s Budget: balancing the seemingly conflicting goals of ‘ending austerity’ and lowering debt as a share of GDP. The former comes with a price tag, while the latter precludes the option of meeting that cost simply through extra borrowing.

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Irregular Payments: Assessing the breadth and depth of month to month earnings volatility

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Jobs, Skills and Pay

This groundbreaking piece of research addresses the question of earnings volatility, unearthing some striking findings about the lived experience of work – and the pay we receive for it – in the UK today. Up until now, our understanding of volatility in earnings over time has been limited to changes in pay from year to … Continued

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The benefits of moving: Managing the transition of existing claimants to Universal Credit

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Tax and Welfare

The long implementation of Universal Credit (UC) has been far from smooth and we’ve become all too used to negative stories about roll-out delays and, more seriously, payment problems and financial hardship for those accessing the new system. The government, however, is likely to have been cheered at least by the fact that the roll-out … Continued

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An unexpected cut: Revisiting the Diamond Commission and assessing inequality in post-war Britain

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This project was undertaken as part of the Historians in Residence programme, which is based at King’s College, London. The views and opinions expressed in this report are those of the author and do not necessarily reflect those of the Resolution Foundation. In 1974, the Labour government established a Royal Commission on the Distribution of Income … Continued

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The RF Earnings Outlook Q1 2018

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Jobs, Skills and Pay

In Samuel Beckett’s Waiting for Godot the two protagonists wait in vain for the arrival of the titular character. At the moment the UK labour market bears a certain resemblance to the play, with the Bank of England playing the protagonists waiting (perhaps in vain) for more robust wage growth. As this Thursday’s MPC vote … Continued

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