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The Latest Breaking News from Resolution Foundation

Tax wealth to pay for ageing UK population, says thinktank

Public spending will rise by £76bn a year, requiring income and wealth to be taxed more efficiently and fairly

The Guardian - UK

Energy bill rise: 7 small print details showing families could face further increase

Many people are worried about paying for their bills amid a rise in food shopping, transport costs and their energy bills. However although many want good news, small print shows people could face a further increase.

Edinburgh Live

Energy bills price cap: 8 nasty details in small print as average family £1k worse off

Rishi Sunak has announced £350 of help with energy bills after the price cap soared - but Britain is still facing a huge cost of living crunch, experts warn there are gaps in the small print, and the poorest could lose out

Daily Mirror

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No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Cost Of Living Crunch Day

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.

Evening Standard

Less than a third expect to receive an inheritance, report finds

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

The Independent UK

Young people who lost jobs in pandemic in UK ‘returning to insecure work’

Resolution Foundation thinktank report says third of ‘returners’ on temporary or zero-hours contracts

The Guardian - UK

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UK could gain ‘first-mover’ advantage with India trade deal

Resolution Foundation report also highlights risk of British firms being undercut by lower cost rivals

The Guardian - UK

DWP: Unemployment benefits 'will hit lowest real value in three DECADES' this April

The Resolution Foundation said unemployment benefits have fallen far behind the growth of child or housing benefits since WW2, with people who aren't eligible for top-ups pushed 'near to destitution'

Daily Mirror

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