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The Latest Breaking News from The Resolution Foundation

Labour warned £22bn shortfall will last years without higher taxes or cuts

Resolution Foundation says overspend chancellor claims she inherited will persist unless tough choices are made

The Guardian - UK

Starmer has already ruled out biggest benefit to UK from his EU reset, think tank warns

PM has repeatedly talked up his push to rebuild ties with the bloc after years of acrimony under successive Tory governments

The Independent UK

Labour urged to support households with energy bills – as more cold weather payments proposed

Around 7.7 million households are at risk of fuel stress, finds a report from the Resolution Foundation, where families need to spend more than 10 per cent of their income to heat their homes

The Independent UK

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Biggest drop in UK manufacturing confidence since March 2020; eurozone inflation hits three-year low – as it happened

Rolling coverage of the latest economic and financial news, as UK factory growth slows and eurozone inflation dips below 2%

The Guardian - UK

Reeves urged to make tax changes ‘to raise more than £20bn a year’

Resolution Foundation suggests proposals on capital gains tax, inheritance tax and national insurance

The Guardian - UK

Pension pot amount needed for ‘basic’ retirement rises 60% in three years

Research shows ‘alarming’ rise in essential living costs during retirement, with low-paid workers worst affected

The Guardian - UK

The Observer view on the autumn budget: Labour must break this cycle of sluggish growth

There are tough decisions to be made, but living standards must improve if the economy is to be rescued

The Guardian - UK

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Two-child benefit cap is cementing regional poverty, Starmer told

North-west and West Midlands worst hit, says thinktank, and in some areas half of children live below breadline

The Guardian - UK

Why Rachel Reeves wants everyone to know that the Tories left the Treasury brassic

The chancellor is not just preparing the ground for some tax rises. She’s also warning her party that there will be extremely difficult decisions about spending

The Guardian - UK

The two-child benefit cap: what is it, does it work and how much would it cost to scrap it?

The policy drives poverty among larger families and is seen by critics as not working as originally envisaged, writes Phillip Inman

The Guardian - UK

What is the two-child benefit cap and why is it controversial?

PRIME Minister Keir Starmer is facing his first rebellion since winning the General Election due to his support for the two-child benefit cap ...

The National (Scotland)

Labour told it will need to defeat ‘net-zero nimbys’ to decarbonise Britain

Opposition in wealthier areas is likely and overcoming it is essential, says Resolution Foundation

The Guardian - UK

Labour says higher-than-forecast UK borrowing shows economic challenge ahead

Treasury says it has received worst postwar inheritance as figures reveal £14.5bn deficit in June

The Guardian - UK

Hot wage rises put changes of August interest rate cut into the shade

September looks more likely to provide the moment the cost of borrowing comes down from a 16-year peak

Evening Standard

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The National (Scotland)

Experts dismiss Labour's claim that two-child cap harms are 'open to debate'

EXPERTS have dismissed a Labour Cabinet Secretary’s claim that it is “open to debate” whether the two-child cap on benefits causes harm ...

The National (Scotland)

'Open to debate' whether two-child cap harms children, Labour Cabinet minister says

WHETHER the two-child cap on benefits causes harm is “open to debate”, a Cabinet Secretary has said ...

Al Jazeera

Why has the UK’s economy grown so slowly under the Tories?

Economic growth under Conservative government is lowest since 1826, experts say.

The Guardian - UK

Low wages under Tories have pushed 900,000 UK children into poverty, report finds

TUC says party has overseen ‘huge rise’ in poverty, as Resolution Foundation says average wages just £16 a week higher in real terms than in 2010

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The Guardian - UK

The Guardian view on social security: Labour must face the harm caused by benefit cuts

Editorial: A huge gap has opened up between pensions and working-age benefits, and millions of children are paying the price

The Guardian - UK

Friday briefing: The ins and outs of Labour’s unspectacular manifesto

In today’s newsletter: Keir Starmer stood on a platform for change when launching his party’s document for winning the election. But how much is being promised by Labour’s manifesto?

The National (Scotland)

Leading economic experts tear apart Labour's 'no austerity' claims

TAX hikes and spending increases within the Labour manifesto are “trivial” and do not address cuts already faced by buckling public services,…

The Guardian - UK

Tory welfare reform cost working-age families thousands while pensioners benefited – report

A couple receiving pensions gain up to £1,200 more, while large families are £4,600 worse off, says Resolution Foundation

The Independent UK

Britain’s welfare bill to soar by £60bn over next four years as parties commit more money for pensioners

Pension commitments and a sickly population mean that by 2029 Britain’s welfare bill will be increasing by £20bn a year, analysis by Resolution Foundation predicts

The Guardian - UK

Do the sums add up in Tory tax-cut manifesto?

Rishi Sunak says tax cuts will be paid for by slashing welfare bill further but experts doubt viability unless Conservatives usher in new era of austerity

The Guardian - UK

UK growth since 2010 has been lacklustre and largely driven by immigration, says report

Resolution Foundation report suggests parties are dodging the economic challenges facing the country

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