The Latest Breaking News from Resolution Foundation

Rolling coverage of the latest economic and financial news

Country needs successful firms to grow and struggling ones to shrink, says Resolution Foundation

The current parliamentary term is on track to be the worst for living standards growth since at least the 1950s, the Resolution Foundation said.

Smaller, overcrowded or urban houses are more susceptible to heat and more likely to be inhabited by poorer families, the Resolution Foundation said.

A real-terms fall in pay has fuelled many of the strikes, the Resolution Foundation said.

UK mortgage rates held steady today, as a new report shows that rising interest rates have reversed rise in household wealth

A ‘new normal’ of higher rates could end a wealth boom driving intergenerational inequality, the Resolution Foundation said.

Members in marginal seats fear Conservative party leaders have not understood the impact of rate rises

Annual mortgage repayments are set to rise by £2,900 for the average household remortgaging next year, the Resolution Foundation said.

A mortgage timebomb is poised to detonate. Since the Bank of England raised interest rates from 0.1 per cent to 4.5 per cent, research by the Resolution Foundation think-tank suggests that just a third of mortgage holders have been impacted. But that will not last.

The head of the Resolution Foundation warned poorer households would end up eating less as food prices continue to rise.