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The Latest Breaking News from The Resolution Foundation

Living standards outlook for second half of 2020s is bleak, says think tank

The 2020s could be the first decade of the modern era to witness no improvement in disposable incomes, the Resolution Foundation said.

The Independent UK

Living standards ‘not likely to improve for at least five years’

The research suggests frozen tax thresholds and rising council tax are among the factors causing stagnation

The Independent UK

Younger workers in England face ‘place-based’ pay penalty, study warns

The study analysed earnings data spanning all early-career workers in England, covering more than 11 million individuals.

The Independent UK

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Britain on track to become a ‘National Health State’, says thinktank

Resolution Foundation says half of all public spending will be allocated to the NHS and social care by the end of the decade

The Guardian - UK

The UK is turning into a 'National Health State', experts say after Rachel Reeves' spending review

The Resolution Foundation warned that funding for the NHS was increasingly coming at the expense of other public services

Evening Standard

Britain morphing into ‘National Health State’, says think tank

The NHS has received an extra £29 billion per year for day-to-day spending and more cash for capital investment.

Evening Standard

Reeves gambles on ‘renewing Britain’ to win trust of voters and see off Reform

NHS and defence the big winners as chancellor promises Labour MPs the spending review is not a return to austerity

The Guardian - UK

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Britain facing cuts after Reeves rules out tax raid

The chancellor has insisted she can stick to manifesto spending pledges as experts question her grasp of the nation’s finances

The Independent UK

Two-child benefit cap: How much is it worth and what will families get if Labour scrap it?

Campaigners warn child poverty could deepen under the Labour government, unless the two-child cap is lifted

The Independent UK

UK housing crisis sees renters hit hardest by rising bills

The government is trying to ease an acute housing shortage that has pushed up rents and prices in recent years

The Independent UK

How more pensioners could be eligible for winter fuel payment after government U-turn

Undoing last year’s policy change would wipe out the £1.5 billion in savings

The Independent UK

How might Starmer make more pensioners eligible for the winter fuel payment?

There are several options for how the Government could go about it.

Evening Standard

Starmer’s Immigration Plan Slammed for Ignoring Exploited Migrant Workers – “A Kick in the Teeth”

Migrant workers in Britain have long faced some of the toughest conditions in the workforce, and recent research from the Resolution Foundation confirms it.

The Fashion Central

Chancellor Reeves warned of ‘tough’ trade-offs ahead of spending review

A report from the Resolution Foundation suggests that the Government should focus spending in areas such as health and housing.

Evening Standard

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The Independent UK

Britons ‘to be £400 worse off’ due to Reeves’ tax hikes - despite pledge to boost pockets by £500

The Resolution Foundation’s warning is the latest blow to Rachel Reeves as her spring statement continues to face scrutiny

Evening Standard

Working age households predicted to be £400 worse off on average in year ahead

Households face a ‘triple hit’ from tax, utility bill increases, and benefits failing to keep up with living costs, the Resolution Foundation said.

The Independent UK

Reeves on a double knife edge as she could be forced to order ‘blockbuster’ tax rises, say experts

Critics said her future as chancellor is under threat as a result of errors she has made since taking charge of the economy last year

The Guardian - UK

Reeves’s statement will leave poorest £500 a year worse off, thinktank finds

Resolution Foundation says ‘outlook for living standards remains bleak’ after chancellor’s cuts to welfare

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The Guardian - UK

Carmaker shares slide after Trump’s 25% tariff; British Steel proposes closing Scunthorpe blast furnaces – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

Think tank forecasts lower-income households to be £500 a year worse off by 2030

Rachel Reeves has received criticism from unions and political opponents after she cut welfare and squeezed Whitehall budgets in her spring statement.

Evening Standard

Reeves vows not to shy away from economic challenges amid statement criticism

The Chancellor warned there would be ‘no quick solutions’ to fix Britain’s financial woes.

International Business Times UK

UK Is Finally Updating Their Child Benefit Policies: Here's What You Should Know

The UK government is exploring updates to its Child Benefit policy, aiming to lessen the impact of the current two-child limit without full removal due to cost.

The National (Scotland)

UK Government warned not to 'push more families into hardship', at poverty summit

THE UK Government has been warned not to “push even more families into hardship” by imposing austerity cuts, ahead of a poverty summit at…

Evening Standard

Starmer told there is ‘nothing moral’ about his £5bn welfare cuts

Veteran Labour MP Diane Abbott challenged Sir Keir Starmer over the reforms at Prime Minister’s Questions.

The National (Scotland)

Who is Torsten Bell? The DWP minister who admitted he can't live on £70 per week

TORSTEN Bell is the Labour MP for Swansea West and the Minister for Pensions in the Department for Work and Pensions.

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