General Election 2024· Universal Credit· Welfare The cost of poor health What does rising health-related benefit spending mean for the UK and its next government? Thursday 20 June 2024 Health-related benefit spending is rising – particularly among children and younger adults – and this increase is forecast to accelerate in the years ahead. With record numbers of people claiming disability benefits, incapacity benefits or both, there are serious questions to answer about what lies behind this trend and its impact on the health of … Continued READ MORE
General Election 2024· Welfare The state of welfare How has Britain’s safety net changed since 2010 and what comes next? Thursday 13 June 2024 Britain’s welfare system has undergone a major overhaul over the past decade, with major reforms as well as major cuts. In more recent years it’s faced unprecedented pressures, from the Covid-19 pandemic to the cost-of-living crisis. The social security system is at the heart of many general election debates, and this one looks set to … Continued READ MORE
Universal Credit· Living standards· Welfare In credit? Assessing where Universal Credit’s long rollout has left the benefit system, and Britain Monday 15 April 2024 Universal Credit, announced back in 2010 and introduced in 2013, will be fully rolled out by whoever wins the next election. The benefit has been on a rollercoaster over those years – with the IT underpinning it causing major teething problems, and later success in processing unprecedented numbers of claims during the pandemic. In the … Continued READ MORE
Economy 2030· Welfare Beyond Beveridge Have social security shifts prepared us for economic change? Wednesday 19 January 2022 The modern welfare state is approaching its 75th anniversary, but continual reforms and wider economic change mean that it bears little resemblance to the system first envisaged by William Beveridge. And it faces new challenges, with Covid, Brexit and net zero – coupled with rapid demographic and technological change – set to reshape our economy … Continued READ MORE
Living standards· Social care· Welfare Post-pandemic, post-Beveridge? Assessing the case for redesigning the welfare state Thursday 29 April 2021 Millions of us have been supported by social security during the pandemic, which has provided a living standards lifeline amid a deep economic shutdown. But the inadequacy of the UK’s benefit system has also been exposed. The Chancellor had to invent whole new kinds of income protection overnight and boost the basic level of benefits, … Continued READ MORE
Covid-19· Welfare The safety net in action? Universal Credit’s role in the crisis and the recovery Wednesday 27 May 2020 Universal Credit (UC) has been rolled-out very slowly since 2015. But that all changed when coronavirus struck. Since mid-March over two million new claims have been made, a surge far in excess of anything experienced during the financial crisis. UC is the UK’s primary safety-net benefit, but this is the first time it has been … Continued READ MORE
Living standards· Tax· Welfare· Political parties and elections The choice facing Britain: What the manifestos reveal Thursday 28 November 2019 The manifestos have been published and the soundbites crafted – now the parties have only a few weeks left to make them land with voters. A few common themes have emerged: austerity is off and the spending taps are on, but there are big differences between the parties in terms of the size and role … Continued READ MORE
Economy and public finances· Welfare· Political parties and elections Beveridge mark II? The future of social security Tuesday 26 November 2019 From a new ‘triple-locked’ state pension to big welfare cuts for young families and the roll-out of the Universal Credit, no area of the state has undergone such a radical transformation over the past decade as social security. That transformation is set to continue in the next parliament too, as Universal Credit is extended to … Continued READ MORE
Welfare Making Universal Credit universal: Getting the next phase of Universal Credit right Thursday 6 September 2018 The early years of Universal Credit have been dogged by delays and teething problems, but operational progress means that roll-out across the country and to more complicated cases is now underway. The final phase of its roll-out – moving existing claimants of tax credits or other legacy benefits onto the new system – is set … Continued READ MORE
Welfare· Intergenerational Centre Capital punishment? Wealth taxation in 21st century Britain Monday 5 March 2018 Speech by Resolution Foundation Executive Chair Lord David Willetts Britain owns a record £13 trillion of wealth – a figure that has grown much faster than GDP in recent decades, while the share of tax collected from it has stayed the same. Given the huge fiscal pressures Britain faces in the coming years and decades, … Continued READ MORE
Welfare Back to the Future: The outlook for retirement 15 years on from the Pensions Commission Monday 27 November 2017 In the autumn of 2002, Chancellor Gordon Brown announced a Pensions Commission to explore the outlook for pensioner incomes if the system continued unaltered and to make recommendations for improving that outlook. 15 years on, its recommendations – including auto-enrolment into low cost pensions and a more generous but delayed state pension – have become … Continued READ MORE
Welfare Creditworthy? Making Universal Credit fit for purpose Tuesday 31 October 2017 The scale of change that Universal Credit is bringing to our welfare system means that the rollout was always going to bring to light implementation challenges. These need to be addressed, but we also need to focus on the bigger question of how Universal Credit measures up against the big labour market challenges Britain faces … Continued READ MORE
Welfare Everlasting care: Andrew Dilnot lecture on a lasting solution to the social care crisis Thursday 6 April 2017 Britain’s social care system is in crisis and its long-term future remains in doubt. Welcome additional funding was announced at the Budget, but everyone agrees we need long-term and lasting reform rather than endless sticking plasters. That is the purpose of the government’s upcoming Green Paper. But will it take us back to the drawing board … Continued READ MORE
Welfare Taxing times: Does a new government mean a new tax policy? Wednesday 2 November 2016 Raising the personal allowance and reducing corporation tax were two signature plans of the last parliament, and the new Chancellor has inherited plans to go even further. But with fewer people paying tax, and businesses paying lower rates of tax, is our tax system fit for purpose to fund public services and reduce the deficit? … Continued READ MORE
Welfare Is a Universal Basic Income the future of the welfare state? Monday 9 May 2016 Can the welfare state survive in an ever more competitive global economy? What would a reformed welfare state look like? Could a Universal Basic Income system be a long term solution? Following the global financial crisis deep cuts to welfare budgets have become a default policy response for policymakers around the world. As such, debates … Continued READ MORE
Welfare Taxing the top: what history tells us about when and why it happens Wednesday 13 April 2016 UK launch of Taxing the Rich: A History of Fiscal Fairness in the United States and Europe by David Stasavage and Kenneth Scheve When and why do countries choose to tax the rich? How do the lessons of history compare to what is happening in the UK today? Do the richest in society need to … Continued READ MORE
Welfare A huge relief? The case for and against the Chancellor postponing pension reforms Thursday 10 March 2016 After weeks of speculation the Treasury took the unprecedented step of announcing that there would be no changes to pension tax relief in the upcoming Budget. But with an estimated cost of £35bn a year – two thirds of which goes to higher and additional rate taxpayers – is there still a strong need to … Continued READ MORE
Welfare Can we afford to care? The future health of social care Thursday 12 November 2015 The combination of rising demand, reduced funding and increasing costs stemming from the National Living Wage are set to put an already stretched social care sector under further strain. What additional public funding is needed to maintain social care provision in its current form over the parliament and beyond? Could closer health integration create efficiencies … Continued READ MORE
Welfare The tax credit crunch: How to limit the losses for low-income families Thursday 5 November 2015 Millions of working families are set to be face a significant fall in income next April as a result of the £4.4bn cuts to tax credits. Many will find it hard to recover these losses by earning more – despite the welcome introduction of the National Living Wage. What policies could ease the losses facing … Continued READ MORE
Welfare Benefiting everyone? Making Universal Credit fit for the next decade Monday 8 June 2015 Over eight million households will be eligible for Universal Credit when it is fully up and running. But with the UK labour market having transformed in recent decades, is this once-in-a-generation reform being designed to deal with current and future welfare challenges, such as growing in-work poverty? Will it achieve its goals and prove to … Continued READ MORE
Welfare Today’s workers, tomorrow’s retirement problem Wednesday 11 February 2015 The proportion of people saving into a workplace pension is rising again after decades of decline. But too few people are saving enough for an adequate retirement income. How can people be persuaded to save not spend when wages are already stretched? Are there cheaper, fairer alternatives to the £35bn spent on pension tax relief? … Continued READ MORE
Welfare Tax cuts in tough times – who really gains? Monday 1 December 2014 The three main political parties have all pledged to cut taxes with the stated aim of helping low and middle income households in the next parliament. But who really benefits from these policies and how much will they cost? The Resolution Foundation presented new analysis of the distribution of gains under the different parties’ approaches, and … Continued READ MORE
Welfare Universal Credit – how do we make it work? Tuesday 30 September 2014 Universal Credit represents the most significant transformation of our welfare system, merging six separate in and out of work benefits into one. While the principles of simplification and making work pay are widely supported, questions remain about UC’s ability to deliver on these original intentions. The Resolution Foundation has recently kicked off an independent review … Continued READ MORE
Welfare Where next for childcare policy? Learning from the 2004 childcare strategy Wednesday 4 June 2014 In 2004, the Government launched a 10-Year Childcare Strategy that set the policy agenda for a decade. The event will launch the Family and Childcare Trust’s review of the achievements of the last ten years of childcare policy, developments under two successive administrations and identify key policy lessons for the future. The Rt Hon Margaret … Continued READ MORE
Welfare Meeting the childcare challenge for working parents – Elizabeth Truss MP Thursday 13 February 2014 Childcare is rising up the political agenda in the approach to the 2015 election and its costs can have a significant bearing on the living standards of working parents. In a keynote speech, Elizabeth Truss MP (Minister for Education and Childcare) set out the government’s agenda for meeting the challenge of high-quality and affordable childcare … Continued READ MORE