The Latest Breaking News from Resolution Foundation

Today was, in the words of Resolution Foundation’s Torsten Bell, “Cost of living crunch day.” We had Ofgem’s announcement of the energy price cap rise. Expect to come across phrases such as ‘unprecedented’, ‘eye-watering’ and parents across the land beseeching their children to close the front door.

Just 32% of people have benefited or expect to benefit from an inheritance or gift in their lifetime, according to the Resolution Foundation.