The 2016 earnings outlook: Will inflation or productivity prevail in Britain’s pay recovery?

Tuesday 15 December 2015

The UK has experienced a welcome pay rebound this year, helped along by falling unemployment and historically low inflation. But can the pay recovery be sustained into next year? Will rising inflation erode real wage growth, or will stronger productivity gains push nominal pay rises higher still? Which of these will ultimately determine the strength … Continued

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

Is Labour still the workers’ party?

Monday 28 September 2015

As Labour seeks to rebuild following its defeat at the last General Election, how can it reclaim its mantle as the party for working people? At a Resolution Foundation event Owen Smith MP will outline his vision for Labour’s approach to pay and work, and how it fits with Labour’s wider economic strategy. Head of … Continued

Where next for the Living Wage?

Thursday 3 September 2015

The Chancellor’s new ‘National Living Wage’ announced in the Budget will mean a welcome pay rise for low paid workers. But implementing it will be a big challenge for many employers and on its own secure it won’t a decent standard of living for millions of working families. What does this higher wage floor mean … Continued

Weathering the storm: the recent past, present and future of UK monetary policy

Tuesday 14 July 2015

Resolution Foundation hosted David Miles’s outgoing speech as a member of the Bank of England’s Monetary Policy Committee. A member of the Monetary Policy Committee – the body responsible for setting the Bank of England’s base rate –  since 2009, David Miles has been a key policy maker during a truly fascinating and tumultuous period for … Continued

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

Time to pay up: Securing stronger, shared wage growth

Thursday 26 March 2015

After the longest fall in modern history real wages are finally turning the corner. But the outlook for pay remains highly uncertain. Productivity remains on the floor. Automation and globalisation generate pessimism about our pay prospects. Others feel that the wage-gloom is overdone. As pay starts to rise what can be done to secure widely … Continued

Time to catch up? Living standards in the next parliament

Thursday 12 March 2015

After the deepest squeeze in living memory, household incomes are finally recovering. But when can we expect living standards to return to their previous peak and what is the outlook for the next Parliament? At an event at the Resolution Foundation’s central London headquarters, CBI Director-General John Cridland gave a speech on these issues setting … Continued

As if we cared – the costs and benefits of a living wage for social care workers

Tuesday 3 March 2015

There is a growing realisation that higher quality care in an ageing society requires a better deal for the social care workforce. Low pay, at times below the National Minimum Wage, and the poor working conditions associated with it often act as barriers to delivering the quality of care that people deserve, and place significant pressure on care workers. While … Continued

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

The home stretch – coping with high housing costs

Monday 8 December 2014

Buying or renting a home in many parts of the country is a financial challenge for families on modest incomes. How then do these families continue to live in some of the most expensive parts of the country? What coping strategies can make the seemingly unaffordable financially possible, at what personal cost to the families … Continued

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

A Parliament of pain? – The fiscal choices beyond 2015 and the implications for cuts, taxes, investment and debt

Tuesday 25 November 2014

With roughly half of the fiscal consolidation still to come, the state of the public finances will remain a defining theme of the next parliament. Beyond the first year of the next parliament there is little clarity as to how fiscal balance will be restored. However, the emerging positions from each of the main political … Continued

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