The past five years of a near-continuous cost of living crisis have caused the real incomes of typical working-age households to fall rather than grow, leaving them £2,900 (7.9 per cent) worse off ...

For all the new Prime Minister’s positive vibes, conflict in the Middle East has driven up inflation and prompted a retreat from sovereign debt in financial markets that has increased borrowing costs, ...

This briefing note takes stock of five years of successive cost of living crises, examining how the surge in prices since 2021 has hit household incomes, finances and living standards across the ...

Mike is Deputy Chief Executive of the Resolution Foundation. He is also a Visiting Professor in Practice at the Department of Social Policy at the LSE. Between 2011 and 2020, he was a Professor of ...

Since the onset of the Covid-19 pandemic, significant issues have emerged with the ONS’s Labour Force Survey (LFS), which is the main source of the UK’s official labour market data. These issues have ...

Households across Britain have spent most of the 2020s stuck in a cost of living crunch. With inflation rising again, and the energy price cap forecast to rise to over £2,000 this winter, personal ...

Employment and the employment rate are falling according to Resolution Foundation estimates, but not according to the official statistics based on the Labour Force Survey (LFS). The official data also ...

A severe but plausible scenario, in which a deterioration in the Middle East conflict sustains some of the worst hits to the UK economy so far, could result in a £16 billion borrowing hit – massively ...

In March, the Government released its Pathways to Work Green Paper, setting out a package of welfare reforms that amounted to a net reduction in spending of £4.8 billion in 2029-30. On the ...

Over the past year, soaring inflation has caused a massive fall in workers’ real wages. But Britain’s pay problems – and the stagnation in living standards they have contributed to – go much further ...

Nearly one million young people aged 16-24 in the UK are currently not in education, employment or training (NEET) – the highest level in over a decade. While the Government’s new Youth Guarantee ...

Employment has fallen over the past two years and is substantially lower than it was before the pandemic. Perhaps surprisingly given its central place in policy debates, participation is essentially ...