Ordinary workers missing out on gains from growth

The share of national income going to the bottom half of earners in Britain has fallen dramatically over the last 30 years, according to new analysis by the independent think tank the Resolution Foundation.  These ordinary workers have seen their share of GDP fall by a quarter, at the same time as the share going … Continued

Growth without gain?

The living standards of people on low to middle incomes were already faltering prior to the recession, and it is no longer safe to assume they will rise when steady economic growth returns, according to new analysis by the independent think tank the Resolution Foundation. The major new report, Growth without gain?, reveals that even … Continued

Childcare support and the hours trap

The Government’s funding of childcare under Universal Credit could shatter its commitment to make work pay, accordingly to new analysis commissioned by Gingerbread and the Resolution Foundation think tank. The changes, to be implemented from 2013, may leave some parents facing losing over 94p in the pound as they increase their working hours, damaging work … Continued

Childcare tax credit survey

WORKING PARENTS UNDER THREAT FROM SPENDING CUTS NEW SURVEY SHOWS CUTS TO CHILDCARE TAX CREDITS MAY FORCE PARENTS TO GIVE UP WORK  A new survey of over 2,000 working mothers has revealed that over half will be forced to stop work or significantly reduce their working hours, as a result of cuts in the level … Continued

Social mobility rose in 2000s compared to 1990s

Earnings mobility increased in the 2000s compared to the 1990s, contrary to perceptions, according to new research published today by the independent think tank the Resolution Foundation. The research focuses on the earnings of people in their 30s and early 40s. While the chances of making a significant move up or down the earnings ladder … Continued

‘Lost decade’ for living standards

Average pay set to be no higher in 2015 than 2003   New analysis today reveals that Britain risks a lost decade for living standards, with average pay set to be no higher in 2015 than it was in 2003, after taking account of inflation.  The figures, released by the independent think tank the Resolution … Continued

Comprehensive Spending Review – analysis

FROM POVERTY TRAP TO ASPIRATION TRAP The impact of fiscal tightening on squeezed low-to-middle earners   The Resolution Foundation, the low-to-middle earner research and policy organisation, today provides its detailed analysis of what the full package of fiscal tightening measures introduced by the coalition government since June means for the 11 million struggling to get … Continued

Gavin Kelly appointed new Chief Executive of the Resolution Foundation

Gavin Kelly has been appointed Chief Executive of the Resolution Foundation, an independent research and policy organisation working to improve outcomes for low earners. Gavin joins the Foundation from Number 10 Downing Street where he worked as Deputy Chief of Staff from 2007 to 2010. Prior to this Gavin was a member of the Council … Continued

What’s the Damage? A low earner impact assessment of deficit reduction options

NEWS RELEASE For immediate use: Friday 18 June 2010   New report shows income inequality set to get worse for 7.2 million ‘squeezed middle’ without careful targeting of emergency budget   The Resolution Foundation, the low earners think-tank, today publishes a report which shows how the coalition government can share the pain of deficit reduction … Continued

Consumer Financial Education Body in Financial Services Bill receives Royal Assent

NEWS RELEASE For immediate release: Friday 9 April 2010   CONSUMER FINANCIAL EDUCATION BODY IN FINANCIAL SERVICES BILL RECEIVES ROYAL ASSENT   The Resolution Foundation is delighted that the Financial Services Bill received Royal Assent during the wash-up process. The Bill will establish the Consumer Financial Education Body which will be responsible for running Money … Continued

White Paper sets out bold roadmap for care

Embargo: Immediate 30.03.10 White Paper sets bold roadmap for care 20 organisations who are members of the Care and Support Alliance today gave a broad welcome to the Government’s plans for developing a National Care Service but urged more detail and warned that reform of social care needed to be made a priority very early … Continued

Foundation welcomes Money Made Clear national role out

NEWS RELEASE For immediate release: Thursday 11 March 2010   FOUNDATION WELCOMES MONEY MADE CLEAR NATIONAL ROLL OUT   The Resolution Foundation welcomes the national roll out of the Money Made Clear. The Foundation has been championing the ‘advice gap’ that low earners face and is delighted that a financial advice service geared towards vulnerable … Continued

Response to the Joseph Rowntree Foundation’s reports

NEWS RELEASE For immediate use: 9 FEBRUARY 2010 Response to the Joseph Rowntree Foundation’s reports The Resolution Foundation today welcomes the Joseph Rowntree Foundation’s reports on cycles of poverty, unemployment and low pay. The Resolution Foundation works to improve outcomes for low earners: those just above the poverty line yet struggling on low incomes and … Continued

Sensible pre-budget report for low earners

NEWS RELEASE For immediate release: FRIDAY 11 DECEMBER 2009 SENSIBLE PRE-BUDGET REPORT FOR LOW EARNERS The Foundation welcomes the Chancellor’s pre-budget report which links recovery to GDP growth and helps to protect low earners. The PBR met all three of the Resolution Foundation’s asks for low earners: For the reduction of the budget deficit to … Continued

Low earners pushed closer to crisis by recession

NEWS RELEASE Strictly embargoed until: 00.01 WEDNESDAY 11 NOVEMBER 2009 LOW EARNERS PUSHED CLOSER TO CRISIS BY RECESSION The recession risks driving the UK’s 14.3 million low earners1 closer to crisis as the downturn compounds their already vulnerable position. This is particularly true for the 7.2 million working low earners who will continue to be … Continued

Recession getting worse for low earners

NEWS RELEASE For immediate use: FRIDAY 23 OCTOBER 2009 RECESSION GETTING WORSE FOR LOW EARNERS   Despite recent talk of return to growth today’s ONS figures show that the recession is far from over for low earners with larger declines in overall growth in key low earner industries compared with the previous quarter. 1. There … Continued

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