Jeremy Hunt’s budget giveaway ‘will act as sweet filling in tax sandwich’ Thinktank says juicy cuts this year follow far bigger increases in 2023 and precede planned ‘chunky rises’ The Guardian - UK · Feb 21, 2024
More than 11 million Britons have less than £1,000 in savings Resolution Foundation calls for auto-enrolment into saving schemes, as millions have no ‘rainy day’ fund The Guardian - UK · Feb 12, 2024
London outpacing other UK cities on services exports, report says Capital accounts for almost half of sector’s exports and action needed elsewhere, says Resolution Foundation The Guardian - UK · Jan 23, 2024
Reported £19 Billion Surge in Mortgage Costs as Fixed-Rate Deals Near-Expiry Around 1.5 million households are anticipated to have increased mortgage costs due to the housing crisis as the period of fixed-rate deals is ending. International Business Times UK · Jan 8, 2024
Jeremy Hunt unsure if government can afford more tax cuts ‘I don’t yet know if I can’, says chancellor when asked about pre-election tax giveaway talked up by PM The Independent UK · Jan 6, 2024
Rishi Sunak tax cuts won’t ease burden, economists warn, as national insurance rate drops The Institute for Fiscal Studies says personal taxes are rising despite much-hyped Tory tax cuts The Independent UK · Jan 5, 2024
UK homeowners face £19bn rise in mortgage costs as fixed-rate deals expire Up to 1.5m households expected to face sharp increase this year, with inflation and tax rises also denting spending power The Guardian - UK · Jan 4, 2024
Rishi Sunak has little to celebrate as cost of living crisis enters a new phase The inflation shock may be fading but 13 years of Conservative-led governments haven’t The Guardian - UK · Dec 17, 2023
Cost of living emergency ‘evolving’ as failures to tackle housing crisis ‘starting to bite’, say experts ‘The crushing vice is now really housing,’ warns Citizens Advice as new report outlines ongoing hardships facing households The Independent UK · Dec 15, 2023
Falling UK inflation will ease pressure for high pay awards, says thinktank Strong growth in earnings has been driven by increases in cost of living, says Resolution Foundation The Guardian - UK · Dec 12, 2023
Tuesday briefing: Why Labour is following the Conservatives’ lead, from Thatcher to Hunt In today’s newsletter: Keir Starmer has praised the former prime minister, while Rachel Reeves promises to follow the chancellor’s public spending plans. What does that tell us about what the next government will look like? The Guardian - UK · Dec 5, 2023
The Guardian view on a dismal inheritance: the UK does not need another bout of austerity Editorial: Fixing a broken economy with service-led growth and increases in public investment as well as welfare spending should be seriously considered The Guardian - UK · Dec 4, 2023
The broken state of UK economy is clear; Hunt and Starmer’s solutions are less so Resolution Foundation report underlines lack of progress by Tories but Labour proposals seem woolly The Guardian - UK · Dec 4, 2023
Britain has been in a 15-year economic slump. This is our route out of it Ours is the most unequal major economy in Europe, with poorer workers losing out most, says Torsten Bell, chief executive of the Resolution Foundation The Guardian - UK · Dec 4, 2023
The Independent UK · Dec 4, 2023 Watch Live: Keir Starmer expected to speak on the economy at Resolution Foundation conference Watch live as Keir Starmer speaks on the economy at Resolution Foundation conference in Westminster, London, on 4 December 2023.
The Guardian - UK · Dec 4, 2023 Jeremy Hunt blames Brexit for sparking half-decade of instability Chancellor says vote led to ‘incredibly challenging time’ as he defends tax cuts paid for by public sector austerity
Fortune · Dec 4, 2023 Britain’s snail-pace growth has set U.K. households back by $10,500 as peers in France and Germany pull away Growing income inequality, depressed productivity and underinvestment are among the causes hurting British workers and households.
The Guardian - UK · Dec 4, 2023 James Cleverly tells MPs crackdown will cut annual immigration numbers by about 300,000 – as it happened Home secretary to announce big hike in salary requirement for migrants to the UK as Rishi Sunak tries to cut net migration figures
The National (Scotland) · Dec 4, 2023 'Tone deaf': Austerity fears as Keir Starmer pledges not to 'turn on spending taps' SENIOR Labour MPs are concerned that Keir Starmer is preparing to sign up to austerity measures after details of an upcoming keynote speech were…
The Guardian - UK · Dec 4, 2023 Gold hits record high and bitcoin breaks $42,000 – as it happened Gold at all-time high, and bitcoin at 18-month peak, as traders bet on US interest rate cuts early next year, while ONS shows that mortgage holders face higher inflation
The Guardian - UK · Dec 4, 2023 British workers missing out on £10,700 a year as living standards fall Report by Resolution Foundation and LSE calls for economic strategy rethink after 15 years of relative decline
The Guardian - UK · Dec 3, 2023 Keir Starmer: Labour ‘won’t turn on spending taps’ if it wins election Labour leader to warn that Britain is in worst economic state for over 50 years and spending will need to be constrained
The Guardian - UK · Nov 23, 2023 UK households to be £1,900 poorer by end of this parliament, say economists Warning comes after Resolution Foundation finds autumn statement favours richest 20% of earners
The Guardian - UK · Nov 23, 2023 UK facing ‘elevated’ recession risks as new orders fall; Nissan’s EV boost in Sunderland; Turkey hikes rates – as it happened Latest PMI survey shows a marginal return to growth for UK companies, but falling orders raises recession risk
The Guardian - UK · Nov 22, 2023 Jeremy Hunt’s autumn statement tax cuts fuel talk of spring election Chancellor unveils 2p national insurance cut but thinktanks warn next government faces fresh round of austerity