The Latest Breaking News from The Resolution Foundation

Resolution Foundation points to legacy of Covid as it warns that near-record 2.7m people are too ill to work

After a series of bruising setbacks, the Prime Minister can finally point to some positive news: inflation is falling again. The drop, from four per cent to 3.4 per cent, not only beat City expectations but means that over the past 12 months inflation has fallen at the fastest pace…

A wild west labour market and millions of people on NHS waiting lists are responsible for the ballooning benefits bill, not idleness

Labour says chancellor’s ambition to eventually abolish NI would cost £46bn a year, and party questions how move would be paid for

Rolling coverage of the latest economic and financial news, as economist warns OBR productivity forecasts are much too optimistic

Office for Budget Responsibility says national insurance and tax cuts will be paid for by average £8bn-a-year borrowing to 2028-29

Editorial: Warnings about benefits will not solve the interlinked problems of worklessness and worsening mental health

The study also highlights how mental health issues can even force young adults into lower-paid jobs or unemployment.

Slashing benefits will push even more people into poverty. Neither Labour nor Conservative voters want it, says Guardian columnist Polly Toynbee

Thinktank says juicy cuts this year follow far bigger increases in 2023 and precede planned ‘chunky rises’

Resolution Foundation calls for auto-enrolment into saving schemes, as millions have no ‘rainy day’ fund