Episodes
7 days ago
7 days ago
There are around 13 million low-to-middle income families across Britain today. This diverse group of families are at the heart of the country’s economic prospects, and any government’s political mandate. And yet they are poorly understood – who they are, how their lives have changed, and the stresses and strains they are under. In order to better understand low-to-middle income Britain, the Resolution Foundation is launching a new 12-month project –with support from JPMorganChase – which will also investigate what can be done to boost their living standards.
The Unsung Britain project was launched with new research, and a speech by Housing Minister Matthew Pennycook at an event at our Westminster offices.
Speakers:
Matthew Pennycook, Minister of State for Housing and Planning
Polly Toynbee, Author and Columnist at The Guardian
Abigail McKnight, Director of the Centre for Analysis of Social Exclusion at the LSE
Lalitha Try, Economist at the Resolution Foundation
Gavin Kelly, Executive Chair of the Resolution Foundation (Chair)
Tuesday Nov 05, 2024
No pain, no gain? Assessing what the Budget means for the UK economy
Tuesday Nov 05, 2024
Tuesday Nov 05, 2024
The first Budget of the new Parliament is a particularly important one, giving the Chancellor a unique opportunity to set the economic framing for the next five years. It’s also often a chance to take painful decisions – post-election tax rises are a time-honoured tradition.
The Resolution Foundation hosted its traditional ‘morning after the night before’ event to debate and answer questions about the Budget. Following a presentation of the key highlights from its overnight analysis of Autumn Budget 2024, we heard from leading experts – including the Chair of the Office for Budget Responsibility Richard Hughes.
Monday Oct 21, 2024
Monday Oct 21, 2024
The next big hurdle on Britain’s path towards a green economy is decarbonising every-day travel. Emissions from getting around – from cars, vans, buses, trains and planes – make up the greatest share of the country’s carbon footprint, and have hardly shrunk in the past decade. So, if we want to go green, we need to overhaul the ways in which families get from A to B. Moving from polluting petrol to cheaper electric vehicles (EVs), ensuring lower income families can access EVs or affordable public transport, and that flying pays its way, are vital if the transition is to achieve widespread public consent and support.
How can we support lower-income families to access EVs which are more expensive at the point of purchase, but cheaper to run? Will public transport continue to get more expensive relative to driving in the future, and if so how can we support families who don’t or can’t drive? And with high emissions flights bouncing back after the pandemic, how can we ensure that frequent flyers pay their way in the net zero transition?
Tuesday Oct 15, 2024
Tough medicine: Assessing the Chancellor’s options in her first Budget
Tuesday Oct 15, 2024
Tuesday Oct 15, 2024
Painful post-election Budgets are a time-honoured tradition in Britain, and the new Government’s upcoming fiscal event will be no exception, with the PM and Chancellor already warning of tough decisions being made. Expectations are being set for higher taxes, higher borrowing or lower spending – or perhaps a combination of all three.
What tax and spend decisions might the Chancellor consider in order to put the public finances on a more even keel, and what might this mean for family finances? Can the tough medicine in the Budget be squared with the need to kickstart growth? How might the new Government navigate the politics of a post-election Budget? And what could this mean for the rest of the Parliament?
The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from new research – the last in a five-part series about the economic challenges facing the new Government – we will hear from leading experts on the Chancellor’s options in her first Budget.
Tuesday Oct 15, 2024
Tuesday Oct 15, 2024
One of the key goals of the Pensions Commission, published almost two decades ago, was to reform pension saving so that more people were encouraged to save enough for a decent income in retirement. The main policy recommendation of the Commission – auto-enrolment – has been rolled out and ramped up since then, and in doing so has completely transformed the savings landscape across Britain. But is it meeting the key goal of boosting pensions adequacy?
How much do people need to save for a decent income in retirement, and how does it vary across the income distribution? How have the pensions adequacy targets suggested by the Pensions Commission back in 2006 been affected by policy and economic changes since then – from taxes and the triple lock, to interest rates and annuities? Are people saving enough for their retirement now? And what does that mean for the new Government’s pensions review?
The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from new research – funded by the People’s Pension – on pensions adequacy, we will hear from leading experts – including the Chair of the Pensions Commission Lord Turner – on whether auto-enrolment is delivering in terms of securing decent retirement incomes for workers, and where the policy might go next.
Thursday Oct 10, 2024
Rebooting Brexit: Opportunities and challenges from resetting UK-EU trade relations
Thursday Oct 10, 2024
Thursday Oct 10, 2024
Britain has left the EU almost five years ago, and the economic damage – particularly when it comes to trade – is now clear. The new Government has put resetting UK-EU relations at the heart of its growth mission. But the concrete actions announced so far are unlikely to make much difference. A far more ambitious approach to rebooting our trading relations will be needed to really shift the economic dial.
How much difference will reducing uncertainty make, compared to actively removing barriers to trade? Should the UK pursue closer regulatory alignment with the EU, and if so which sectors should be prioritised? What meaningful changes can be made within the UK protocol, and where might the UK need to rethink existing agreements? And how much is both economically and politically feasible?
The Resolution Foundation and UK in a Changing Europe are co-hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from new Resolution Foundation research on UK-EU trade priorities, we will hear from leading experts on what reforms would have the most impact, and what the new UK government might be able to achieve.
Wednesday Oct 09, 2024
Structurally Unsound: Social inequalities in the mid-2020s
Wednesday Oct 09, 2024
Wednesday Oct 09, 2024
The UK has made progress in addressing societal inequalities, but continues to be shaped by interlinked structural disparities. That includes those related to gender, race, class, sexuality, age and disability. Five years ago, the Resolution Foundation and UCL collaborated on a commission exploring the interactions between these inequalities. Since then, the UK has gone through significant challenges, including a pandemic and a cost-of-living crisis, so how have UK inequalities evolved?
How have disadvantaged groups been affected by recent economic shocks, and what structural barriers persist? How do the issues of health and disability – which have risen up the political and public policy agenda – interact with other inequalities? And how do structural inequalities fit into the new Government’s agenda, and what key policy challenges must they address?
The Resolution Foundation, in partnership with UCL, hosted a webinar to explore these important questions. After presenting the key findings from the Structurally Unsound report and new research on the changed landscape of structural inequalities in the UK, leading experts discuss how to tackle persistent societal inequalities.
Speakers:
Alesha De Freitas, Head of Policy, Advocacy and Research at the Fawcett society
Imran Rasul, Professor of Economics at UCL
Olivia Stevenson, Deputy Director of Public Policy at UCL
Nye Cominetti, Research Director at the Resolution Foundation (Chair)
Monday Sep 23, 2024
Monday Sep 23, 2024
The past 15 years of economic stagnation has caused families’ living standards to flatline, and the new Government is right to put ‘kickstarting’ growth at the heart of its agenda. Already, Ministers have set out what many of their pro-growth reforms will be – from reforming planning rules to delivering 1.5 million homes, to setting up Great British Energy, devolving more power to City mayors, and creating a new deal for workers. Delivering these policies is a huge challenge in itself – but will they do enough to kickstart growth?
How big an effect can these reforms have on growth and productivity? How can policy makers ensure the biggest economic bang for their buck? Are there important pro-growth reforms that the Government is missing out on? And what might the combined, long-term effect of these reforms look like in terms of the size of the UK economy by the end of the decade?