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
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 Independent UK · 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. Fortune · 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 Guardian - UK · 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 National (Scotland) · 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 4, 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 23, 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 The Guardian - UK · Nov 22, 2023
Despite what Whoopi Goldberg thinks, millennials really are worse off than previous generations, new research shows Millennials might become the first generation to fare worse economically than their parents, new research shows. Fortune · Nov 13, 2023
UK millennials ‘still wearing economic scars of 2008 financial crisis’ Those now aged in their early 30s have experienced over two decades’ worth of lost progress on pay, research has found. The Independent UK · Nov 13, 2023
Interest rate rises caused sharp drop in UK household wealth, report finds Resolution Foundation says higher interest rates have led to a fall in house prices and pension pots The Guardian - UK · Oct 30, 2023
Britain needs economic and fiscal policy ‘reset’ to fight future crises – report The Resolution Foundation is warning the UK is on course for debt to rise to around 140% of economic output over the next 50 years. The Independent UK · Oct 18, 2023
The Guardian - UK · Sep 25, 2023 UK economy hit by ‘renewed signs of stress’ as growth slows; pound at six-month low – as it happened Rolling coverage of the latest economic and financial news
The Guardian - UK · Sep 24, 2023 Great British slowdown has hamstrung our economy – thinktank Country needs successful firms to grow and struggling ones to shrink, says Resolution Foundation
The Independent UK · Sep 5, 2023 Run-up to general election marked by income stagnation, says think-tank The current parliamentary term is on track to be the worst for living standards growth since at least the 1950s, the Resolution Foundation said.
The Independent UK · Aug 14, 2023 A third of English homes are risk of overheating in the future, analysts say Smaller, overcrowded or urban houses are more susceptible to heat and more likely to be inhabited by poorer families, the Resolution Foundation said.
The Independent UK · Aug 13, 2023 Nearly four million working days lost to strikes in past year, says think tank A real-terms fall in pay has fuelled many of the strikes, the Resolution Foundation said.
The Guardian - UK · Jul 17, 2023 UK mortgage rates stabilise for first time since May; Rising interest rates knock £2.1tn off household wealth – as it happened UK mortgage rates held steady today, as a new report shows that rising interest rates have reversed rise in household wealth
The Independent UK · Jul 16, 2023 Younger people could emerge as winners from rising interest rates – report A ‘new normal’ of higher rates could end a wealth boom driving intergenerational inequality, the Resolution Foundation said.
The Guardian - UK · Jun 18, 2023 Mortgage ‘catastrophe’ will lose us the election, warn Tory MPs Members in marginal seats fear Conservative party leaders have not understood the impact of rate rises
The Independent UK · Jun 16, 2023 Mortgage crunch ‘on track to increase annual household bills by £15.8bn by 2026’ Annual mortgage repayments are set to rise by £2,900 for the average household remortgaging next year, the Resolution Foundation said.
Evening Standard · May 30, 2023 OPINION - The Standard View: A mortgage time bomb is poised to detonate over London A mortgage timebomb is poised to detonate. Since the Bank of England raised interest rates from 0.1 per cent to 4.5 per cent, research by the Resolution Foundation think-tank suggests that just a third of mortgage holders have been impacted. But that will not last.
The Independent UK · May 19, 2023 Price of food to replace energy as biggest cost-of-living problem – think tank The head of the Resolution Foundation warned poorer households would end up eating less as food prices continue to rise.