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The Latest Breaking News from The Resolution Foundation

Who is Torsten Bell? The new pensions minister pegged as Britain's future chancellor

From being one half of Britain’s most influential political twin duo, to his role in the infamous ‘EdStone’, Emma Loffhagen reports on Torsten Bell, the former think tank director promoted to pensions minister

Evening Standard

Labour faces costs of £50bn to replenish affordable housing after right to buy, report says

Margaret Thatcher’s 1980s policy turbocharged the sale of council homes, contributing to ‘worst housing crisis in living memory’

The Guardian - UK

UK low- to middle-income families far poorer than OECD counterparts – study

Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European average

The Guardian - UK

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Londoners are getting older - and Brexit is to blame

Resolution Foundation has found that London is bucking the trend of other major cities in the UK, with the median age of residents increasing in the past decade

The Independent UK

The death of the middle-class professional spells danger for Labour

Graduate pay is falling – and an aggrieved generation could join white-collar workers in supporting Reform UK, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank

Household incomes to stagnate or fall but will be offset by better public services, says Resolution Foundation

The Guardian - UK

‘Unsustainable’ prepayment meters could see households spend third of income on energy, experts warn

Experts warn that families could be forced to sit in ‘cold, dark homes’ this winter

The Independent UK

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Prepayment meters could cost UK households third of income in winter

Resolution Foundation says higher prices and cold weather will hit poorer households hardest

The Guardian - UK

Donald Trump's tariffs could hit UK goods trade as hard as Brexit, experts warn

DONALD Trump’s threatened tariffs could hit UK trade with the US as badly as Brexit affected trade with the EU, a leading think tank has said ...

The National (Scotland)

Trump’s tariff plan would hit UK trade as hard as Brexit, think tank warns

The Resolution Foundation said small firms have seen their exports to the EU fall by a third, with 20,000 companies having stopped exporting to the continent altogether since Brexit

The Independent UK

Trump tariffs could hit UK goods trade as hard as Brexit, says think tank

The Resolution Foundation urged the Government to pursue an EU-focused trade policy, despite the threat of tariffs from the US.

Evening Standard

Overhaul of official workforce data may take another two years, ONS admits

It said it is now ‘unlikely’ it will be able to introduce a revamped version of its Labour Force Survey in mid-2025.

The Independent UK

Senior Labour figure panned for 'depressing listen' after BBC interview

A SENIOR Labour figure has been panned for his “depressing” interview on the BBC’s flagship political show on Sunday morning...

The National (Scotland)

Wealth gap between younger and older households has shrunk – report

Much of the ‘wealth boom’ remains to be passed on down the generations in the form of inheritances and gifts, the Resolution Foundation said.

Evening Standard

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The Guardian - UK

Ministers told to raise sick pay as report says 1.6m would be unable to pay bills

Low-paid workers unwell for four weeks would be in hardship despite changes in employment bill, charity finds

The Guardian - UK

Look at the farmers’ protest, and then ask yourself: how will we ever make tax fairer amid such grumbling?

Labour inherited a dire situation that needed desperate change – but powerful lobbies make any tax reform near-impossible, says Guardian columnist Polly Toynbee

Evening Standard

Almost a million workers ‘lost’ by unreliable official data, claims think tank

The Resolution Foundation said the ONS has underestimated growth in employment by 930,000 workers since 2019.

The Guardian - UK

Middle class millennials set to gain most from ‘unprecedented’ wealth transfer

Property asset boom is cascading down the generations, with wealthiest parents far more likely to enrich their children, says Resolution Foundation

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The Independent UK

UK politics live: Budget means weekly pay to rise just £13 in 20 years as IFS calls Reeves’s plans ‘unrealistic’

The Resolution Foundation has warned that the pay outlook is “dire” and many UK workers will not feel any better off by the end of this Parliament

The Guardian - UK

From capital gains to NICs: tax changes to look out for in autumn 2024 budget

Rachel Reeves will seek to close £40bn Whitehall spending gap with range of potential measures

The Guardian - UK

Budget 2024: what taxes could Rachel Reeves raise?

The chancellor is aiming to make £40bn worth of tax rises and spending cuts to fill ‘black hole’ in public finances

The Independent UK

How DWP rules for disability benefit assessment could change as Reeves’ Budget approaches

Changes could take effect from next April as Treasury reportedly looks to save £3bn

The Independent UK

Inflation drop ‘badly-timed’ for benefit claimants as next increase revealed

Lowered inflation rate will decide how much benefits are increased next year

The Guardian - UK

Pressure mounts on Rachel Reeves to drop ‘dangerous’ £1.3bn cut to benefits for disabled

Thousands could lose up to £4,900 a year if the plan is retained in the forthcoming budget

The Guardian - UK

Labour warned £22bn shortfall will last years without higher taxes or cuts

Resolution Foundation says overspend chancellor claims she inherited will persist unless tough choices are made

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