This month, we’re proud to welcome Work and Communications (WAC) to our portfolio, a standout WorkerTech venture bringing pay transparency and financial control to hundreds of thousands of hourly-paid workers.| Resolution Foundation
Today’s announcement of a new Pensions Commission marks a welcome return to long-term thinking about retirement. The original Commission, launched more than two decades ago, laid the groundwork for auto-enrolment, which has enabled millions more people to save for later life. It sits up there with the National Minimum Wage on the pantheon of truly … Continued| Resolution Foundation
This article was originally published in The Times. The strained state of Britain’s public finances is already a big concern. These pressures are set to grow rather than dissipate over the coming decades. This week the Office for Budget Responsibility published a sobering report that set out some of the key long-term trends pushing up … Continued The post The triple lock has been far more damaging than I ever feared appeared first on Resolution Foundation.| Resolution Foundation
Just like the smoker who says he is good at giving-up smoking because he’s done it so many times, so Britain is good at Industrial Strategy – we’ve had lots of them. This White Paper is an excellent addition to the canon of serious exercises from the likes of Michael Heseltine, Peter Mandelson, Vince Cable … Continued| Resolution Foundation
This month, we’re focusing on the government’s decision to end overseas recruitment for care workers, a move that’s raising concerns about staffing shortages in an already stretched sector. We also delve into the latest insights from the Resolution Foundation, covering the impact of planned welfare reforms and public investment strategies ahead of the 2025 Spending … Continued| Resolution Foundation
It is only four months since Rachel Reeves ‘shocked’ Britain by doing what every Chancellor does after an election – jacking up taxes. We have now been told the Government will make the “politically difficult” choice to cut welfare. It is safe to say that no political choices are walks in the park. The “bravest” … Continued| Resolution Foundation
Greg joined the Foundation as Research Director in September 2020. He also works part-time as an Associate Professor in the University of Nottingham’s School of Economics. Prior to this, he had been Head of International Research at the Bank of England, and worked for the United Nations Mission in Kosovo and the Independent Commission on … Continued| Resolution Foundation
Welcome to 2025! We kick off the new year with forecasts from the Resolution Foundation that look at how fiscal and policy decisions taken at the end of last year might affect living standards through this one. However, stories from the year just gone by linger on, as reports emerge of high street retailers having used questionable employment … Continued| Resolution Foundation
The Chancellor’s speech today provided some more detail on how the Government plans to boost growth. One can begin to discern the outlines of a growth strategy taking shape, and it is increasingly clear what this government wants to be known for: building things. A concrete growth strategy Life is never really this simple, but … Continued| Resolution Foundation
The jobs market ended 2024 with good news on pay. That’s if you have a job – and there was worrying evidence that it’s getting harder to find one. We delve into the detail below. Employment is falling… After two strong years, the jobs market cooled off markedly throughout 2024. Employee jobs fell again in … Continued| Resolution Foundation
Turbulent gilt markets, a devaluing pound and speculation about the Office for Budget Responsibility (OBR) downgrading its economic forecasts is not the start to 2025 the Chancellor was hoping for. What is causing all the fuss? On 9 January, the UK 10-year gilt yield closed at 4.8 per cent, up from 4.58 per cent just … Continued| Resolution Foundation