Labour market Understanding Britain’s pay crisis Tuesday 9 October 2018 Britain is on course to experience the worst decade for pay growth in over two centuries – an unmitigated disaster for living standards. But while a large part of this is down to the financial crisis and its aftermath, Britain’s terrible record on pay has continued even while employment has surged to record highs. So … Continued READ MORE
Economic ideas and economic change: learning from the past to tackle the big economic challenges of the future Monday 8 October 2018 Ten years on from the collapse of Lehman Brothers, we are all still living in the shadow of the global financial crash. Each week brings new headlines on the political and economic challenges developed countries face, but despite the depth of the economic crisis, new ideas and new approaches have not driven big public policy … Continued READ MORE
Party Conferences Fringe Events 2018 Sunday 23 September 2018 Labour The Big Debate: Inequality in 21st Century Britain Sunday 23rd September 6:00pm-7:30pm ACC Liverpool, Auditorium 1C Speakers: Ed Miliband MP Lisa Nandy MP Clive Lewis MP Marvin Rees – Mayor of Bristol Polly Toynbee – The Guardian Frances O’Grady – Trade Union Congress Torsten Bell (Chair) – Director of the Resolution Foundation The Big … Continued READ MORE
Red flags flying high? China’s uncertain future Thursday 20 September 2018 China, under the leadership of President Xi Jinping, has grown in confidence on the world stage, winning influence and control especially across Africa and Asia, and increasingly in Europe. But with the country facing major issues including high levels of debt, a middle-income trap, an aging population and institutional problems, is China’s authoritarian regime on … Continued READ MORE
From treadmills to stairwells: social mobility across advanced economies Wednesday 19 September 2018 In recent decades, social mobility has stalled across advanced economies. The UK picture is more mixed – but recent OECD research found that richer families are more likely to stay rich and that the slow pace of mobility means it would take five generations for a poor family to reach average income. Looking across advanced … Continued READ MORE
Film screening: A Northern Soul Wednesday 19 September 2018 As Hull was crowned the UK City of Culture for 2017, Steve Arnott – a warehouse worker and aspiring rapper – persuaded his employer to support his ‘Beats Bus’, a bus-turned-recording studio that tours schools and encourages children, many of whom live in poverty, to express themselves. Director Sean McAllister was born in Hull, returning … 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
Social mobility speech by Secretary of State for Education Damian Hinds MP Tuesday 31 July 2018 Boosting social mobility is now a widely shared goal of policy makers around the world. But actually achieving that goal is easier said than done. Parental achievement, rather than individual talent, remains a big determinant of young people’s opportunities in life. And schools, colleges, universities and employers all now recognise the need to do more … Continued READ MORE
Poverty and inequality: Lessons from the past, decisions for the future Tuesday 24 July 2018 Since the financial crisis the strength and distribution of household income has dominated much of our political discourse, in stark contrast to a lack of discussion pre-crisis. But the experience of the past actually has much to teach us about the choices Britain faces today. So what has been the story of poverty and inequality … Continued READ MORE
Opportunities knocked? Tackling racial disadvantages and discrimination in the workplace Wednesday 18 July 2018 Over the past two decades, educational attainment and employment have risen across Britain, and in particular amongst many ethnic minority groups. But despite this progress, substantial pay gaps between white workers and ethnic minorities persist. With the introduction of the government’s Race Disparity Unit, questions around ethnicity and inequality are rightly rising up the political … Continued READ MORE
Living standards For richer, for poorer? Inequality highs and lows across rich economies Tuesday 17 July 2018 Book launch for Inequality and Inclusive Growth across Rich Countries Inequality is now a central focus of political and economic debates across rich countries. But while there are common trends that are well known, countries across the West each have their own experience of inequality over the last 40 years. Understanding how patterns of inequality … Continued READ MORE
Economy and public finances Time to care? Finding a lasting solution to Britain’s social care crisis Monday 9 July 2018 Growing funding pressures and seasonal crises have raised public concern about our NHS and forced politicians to act – with the Prime Minister announcing a £20bn funding package for the NHS last month. But the crisis in social care is even more pressing – yet successive governments have ducked decisions on funding a lasting solution … Continued READ MORE
London stalling? The past, present and future of our capital’s economy Wednesday 27 June 2018 London is often said to be a different country within the UK, and it’s living standards story differs from the rest of the country too. How dependent is post-financial crisis London on the City? What are the strengths and weaknesses of the capital’s labour market? How is housing shaping the living standards challenges Londoners face? … Continued READ MORE
Healthy Finances? How to pay for the NHS’s 70th birthday present Tuesday 12 June 2018 As Britain prepares to mark the 70th birthday of the NHS, healthcare has become the most pressing worry for British adults. As a result, dealing with its immediate and longer term funding gaps has risen up the political agenda. But while that means there is now a political consensus that the NHS needs greater funding, … Continued READ MORE
Macronomics: Assessing the new French radicalism Tuesday 5 June 2018 Speech by Pierre-André Imbert, Social Policy Advisor to President Macron President Macron swept to victory in the French elections last year on a ticket of radical reform. In government he has begun to roll-out the promised reforms – and more. Among the most controversial are plans to reform the French labour market, which has long … Continued READ MORE
Economy and public finances Regulating the regulators: The power and legitimacy of the central bankers directing our economy Tuesday 22 May 2018 Book launch for Unelected Power by Paul Tucker Central bankers have played a key role in directing economies across the world since the financial crisis. From the slashing of interest rates, to the introduction of Quantitative Easing and major reforms to who can get a mortgage, the decisions of central Banks profoundly affect people’s living … Continued READ MORE
Living standards Grand Challenges: How Britain can boost its prosperity amidst global economic shifts Tuesday 22 May 2018 A series of lunchtime discussions with Ministers across government and leaders from the worlds of business, technology and policy, hosted by the Resolution Foundation Monday 21 – Thursday 24 May, Resolution Foundation offices, St James’ Park Raising productivity lies at the heart of our living standards and wider economic prospects. But finding the right levers … Continued READ MORE
Labour market Off the floor: Britain’s new low pay challenges Friday 18 May 2018 The National Living Wage has transformed Britain’s low pay landscape, with the number of low waged workers falling significantly for the first time in 40 years. But Britain’s low pay challenges are far from over, and a higher minimum wage, crucial as that is, cannot solve them all. We need to focus on those new … Continued READ MORE
Living standards· Intergenerational Centre Re-assessing the Generational Contract: Examining intergenerational equity across advanced economies Monday 14 May 2018 Monday 14 May, 9.30am-5.30pm, Resolution Foundation offices, St James Park Questions about intergenerational equity have risen up the economic and political agenda in recent years. From why the rapid generation-on-generation incomes gains of the 20th century have ended, to how the market and state should respond to ageing populations, these are some of the biggest … Continued READ MORE
Living standards· Intergenerational Centre Repairing Britain’s generational divide: The Intergenerational Commission’s Final Report launch Tuesday 8 May 2018 From the Brexit vote and the shock election result last year to the housing crisis and Britain’s painful pay squeeze – the issue of intergenerational fairness has hit centre stage in Britain’s political debate. Old and young alike worry that the 20th century norm of each generation enjoying higher living standards than the generation before … Continued READ MORE
Living standards Wealth creation in the 21st Century: Who is and isn’t doing it? Tuesday 24 April 2018 UK book launch of The Value of Everything: Making and Taking in the Global Economy by Mariana Mazzucato Politicians always say they’re on the side of wealth creators. But who are Britain’s real wealth creators, and does government do a good enough job of incentivising them? A key critique of modern capitalism is that for all the … Continued READ MORE
Labour market The new precariat: exploitation or opportunities in Britain’s labour market? Thursday 19 April 2018 The Resolution Foundation presents a double header book launch on the modern world of work: Humans as a Service: The Promise and Perils of Work in the Gig Economy by Jeremias Prassl Hired: Six Months Undercover in Low-Wage Britain by James Bloodworth The gig economy has the potential to revolutionise work, offering more independence for workers, but this … Continued READ MORE
Housing· Intergenerational Centre Home improvements: The role of housing policy in renewing the intergenerational contract Tuesday 17 April 2018 The last decade has seen housing at last work its way to the top of the political agenda. From much lower home ownership and higher housing costs for younger generations, to the sharp increase in families living in less secure rented accommodation, there is now a cross party consensus that Britain faces some serious questions … Continued READ MORE
Economy and public finances Due an upgrade? What to expect in the Spring Statement Thursday 8 March 2018 The Office for Budget Responsibility delivered the mother of all forecast downgrades in the Autumn Budget last November, revising borrowing up £91bn and annual pay down £1,000. Four months on, and with the Treasury promising a quickfire Spring Statement, the focus will be on whether the latest OBR economic outlook makes more positive reading. Could … 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