Resolution Foundation Podcast

Nearly one million 16-24 year olds across the UK today are not in employment, education or training. There are many drivers of the recent rise in NEETs, from the costs of hiring to worrying trends in young people’s mental health. But the UK has long had a higher NEET rate than many other advanced economies, and so we also need to look deeper at structural issues like the education and benefits systems. With Alan Milburn’s independent review into tackling the NEETs challenge currently underway, now is the time to think how we can really improve the transition from education to employment for young people today. To what extent are young people today disadvantaged in the labour market? How could the benefit system be reformed to improve outcomes for young people? Why does post-16 education continue to let down those not taking the traditional A-levels to university path? And what would a holistic package to address our NEETs problem look like?

Although the eventual impact of the escalating war in the Middle East is unknowable, we do know that it is already adding to cost of living pressures, that inflation and the path of interest rates will be higher, and that growth rates for GDP and disposable incomes will be lower (and may turn negative). The Resolution Foundation is hosting a pair of events in April to unpack what the effects of the war are on the UK economy, and how policy makers should respond.   This second event will focus on the wider outlook for the economic and public finances. How much might the war reduce the UK’s growth prospects? What fresh policy support might be needed in the face of a potentially acute and prolonged price shock? How will this affect interest rates and mortgages? And what might an outlook for lower growth, higher inflation, higher debt servicing costs and fresh policy support mean for the public finances, and the Chancellor’s fiscal rules? Following a presentation of wider domestic economic implications of the war in the Middle East, the Foundation will be joined by leading experts in their fields to discuss what might unfold, and how the Government and Bank of England should respond. The event will be open for people to physically attend, alongside being broadcast via YouTube and the Resolution Foundation website. Viewers will be able to submit questions to the panel before and during the event via Slido.  

Although the eventual impact of the escalating war in the Middle East is unknowable, the increase in the price of oil and gas means we already know energy and petrol costs are set to rise.   Knock on effects will hit food prices and wider inflation, not to mention the second-round effects on wage negotiations, interest rates, debt-servicing costs and wider economic growth. The Resolution Foundation is hosting a pair of events in April to unpack what the effects of the war are on the UK economy, and how policy makers should respond. Part I will focus on the coming cost of living crunch. What is the outlook for petrol prices, energy bills, the cost of a supermarket shop and wider inflation? How might this affect the outlook for family living standards? Can the Government respond to this coming cost of living crunch effectively? And how can it balance the need to provide clear, effective and targeted support with a price tag that the UK economy can afford? The Foundation will be joined by leading experts in their fields to discuss the impact on households, and how the Government should respond. Part II will focus on what the economic fallout of the war could mean for growth and the state of the public finances, and how this could shape future interest rate decisions and the next Budget. This event will take place on Wednesday 22nd April. 

All developed countries are grappling with a falling birth rate, and the UK is no different. While the UK’s birth rate has often fluctuated, it has fallen sharply since 2012, and a rebound anytime soon looks unlikely. There are cultural and economic drivers behind the recent shortfall; and the implications will be both immediate and pose challenges well into the future. Is the UK’s declining birth rate worth worrying about in the first place? What explains the recent trend of falling birth rates? Should policymakers be acting on this, and if so, what could be done? The Resolution Foundation is hosting an in-person and interactive webinar to debate and discuss these questions. Following a presentation of the key highlights from its latest research on the significant implications of Britain’s plunging birth rate, we will hear from leading experts on why it matters, how, and if, policymakers should respond, and what we can learn from across the globe.

The dream of owning your own home is a powerful life goal for many. Once realised, it comes with better living standards, as well economic security. But many families are failing to get over the barriers to accessing a mortgage – from finding a deposit to passing banks’ affordability tests. Indeed, many would say such regulation has gone too far and it is time for a loosening.   To what extent has falling home ownership among young and lower-income families been driven by regulation, wider market conditions or government policy? How many people are on the margins of home ownership, and what is stopping them from making that next step? Should policy makers intervene to support home ownership, and what are the risks of intervention in terms of elevated house prices, mortgage debt and loans on the Government’s balance sheet?

In his new book Why Populists Are Winning and How to Beat Them, British Labour Party Politician and the MP for Birmingham Hodge Hill and Solihull North Liam Byrne draws on original research from across Europe and America to explore why populism has seduced voters worldwide. Liam sets out populism’s ‘five tribes’ – and which of these voters can still be won back by the centre. Drawing connections between rising inequality and the growing appeal of populism, Liam sets out a game-plan to tackle the populist surge. The Resolution Foundation is hosting an in-person and interactive webinar to debate key questions – and answers – raised by Liam’s book. He will be joined by Chief Executive of the Resolution Foundation Ruth Curtice, alongside David Guake and Gaby Hinsliff, to unpack this timely call to action.

Britain has long seen lower intergenerational social mobility than many of its peers, with those from lower-income backgrounds receiving lower earnings as adults than those from more affluent backgrounds. University is often seen as the ticket out of this social mobility trap, but is this true? Unpacking the factors driving persistent earnings gaps for young people based on their background is vital if we’re to lift living standards for those from lower-income backgrounds. How significant is the earnings gap between graduates from different backgrounds and how does this change over time? To what extent can this be accounted for by educational choices and where people work – and how much cannot?

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The Treasury promised us a boring non-event, which on the day was massively over-shadowed by events in the Middle East anyway. Ruth Curtice discusses the merits of annual fiscal events, the difficulty of getting growth going, and what to expect in the Chancellor's upcoming (and unprecedented) *second* Mais Lecture, with James Smith (Chief Economist at the Resolution Foundation) and Giles Wilkes (Senior Fellow at the Institute for Government).  Read Understatement of the year on our website today, for the full detail of our Spring Forecast response.   Follow us: https://x.com/resfoundation https://bsky.app/profile/resolutionfoundation.org https://www.instagram.com/resolutionfoundation/ https://www.youtube.com/channel/UCALXuPH_vXOaEv-JPDhHh3g

The Government came into office promising to tackle policy uncertainty by limiting major fiscal events to one a year. They failed to deliver this last year, but are determined to deliver a ‘policy free’ Spring Forecast next week. Have they achieved greater policy certainty, or been scuppered by the cost of policy U-turns, public service pressures, major changes in the UK economic outlook, or problems that need fixing before the Autumn Budget?   Speakers David Miles Member of the Budget Responsibility Committee at the OBR Dharshini David BBC’s Deputy Economics Editor James Smith Chief Economist at the Resolution Foundation Ruth Curtice Chief Executive at the Resolution Foundation

Catch up on a recording of our recent event discussing the outlook ahead of the Chancellor's Spring Forecast. The Autumn Budget was barely three months ago, but the UK has experienced plenty of economic and political drama since then. In the short time between OBR forecasts, there have been encouraging signs on the public finances and the outlook for inflation. But growth remains sluggish and uncertainty elevated amid rising geopolitical tensions. There are some signs of productivity ‘green shoots’, but the risk is they are indicative of higher unemployment.   Speakers Karen Ward - Managing Director at JPMorgan Asset Management Yael Selfin - Vice Chair and Chief Economist KPMG in the UK Andy King - Specialist Partner at Flint Global James Smith - Chief Economist at the Resolution Foundation Ruth Curtice - Chief Executive at the Resolution Foundation (Chair)

Britain does not feel like a nation at ease – and hasn’t done for a very long while. By more than two-to-one, Britons last year judged the country to be on the “wrong track” rather than heading in the “right direction”. Ruth Curtice, the Chief Executive of the Resolution Foundation, discusses the experiences and prospects for the nation's poorer half with Scarlett Maguire and Tom Clark.

The Resolution Foundation has documented two decades of UK economic underperformance and stagnant living standards.   18 months into a government elected on a mandate of change and growth, and following the publication of Mountain climbing, we're assessing their growth strategy – its intentions, its achievements, and its prospects moving ahead into an uncertain world. Lord David Willetts, the President of the Resolution Foundation, is joined by Sophie Hale, Research Director at the Resolution Foundation, and Anna Leach, Chief Economist at the Institute of Directors.

The UK has made good progress towards net zero in recent decades. But the agriculture sector stands out as having made barely any progress. To meet our legally-binding climate targets, agriculture and land use will need to decarbonise seven times quicker this decade than in the past 15 years. Fundamental changes to how we make food and use land will be needed. But decarbonisation in this area is hard and any efforts will need to overcome considerable political and living standards barriers to reform.   How can policy makers meet the decarbonisation challenge while protecting living standards for farmers and consumers, while also upholding food security? How can better-designed land-use policy play a role? How should the sector’s generous subsidy system be overhauled? And who should pay for greening food production? The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of our latest policy proposals on the farming sector, we will hear from leading experts on the challenges of cutting emissions from food production, reshaping how land is used, and how to take a living standards-first approach to these.

The roll out of Universal Credit began way back in April 2013, a process that has been beset by delays, design changes, controversy and criticism from across the political spectrum. But 13 years on, the roll out is almost complete and Universal Credit is here to stay. As we approach this crucial milestone and the Government is undertaking its own internal review of the benefit, now is a good opportunity to take fresh look at UC’s design and structure and ask what operational changes could be made to improve the experience and outcomes for the seven million families claiming UC today. How could changes to Universal Credit improve income stability for its claimants? How could the interaction between the benefit system and work be smoother? What could be done to improve trust in Universal Credit? And can make Universal Credit be made to work better without breaking the bank?

Resolution Foundation Research Director Lindsay Judge talks you through the learnings from recent benefit reforms in Scotland, joined by Louise Murphy and Ben Geiger. Read 'Delivering dignity' on our website today to learn more.

Adult social care is a vital public service. But this is not reflected in the pay and job quality on offer for England’s 1.5 million social care workers. Low-pay, zero-hours contracts, and breaches of labour market rules are worryingly widespread, and have contributed to a longstanding recruitment and retention crisis. The Government has rightly sought to address this by setting up a new Adult Social Care Negotiating Body (ASCNB), that brings together workers and employers to draw up a Fair Pay Agreement (FPA). But there are still big questions about how to turn this worthy ambition into deliverable improvements across the sector. How can the ASCNB be set up quickly while delivering lasting improvements to care workers’ conditions? Which workers should be covered by the FPA, and what terms and conditions should be included? And how should the FPA be enforced in a sector currently rife with labour market non-compliance? The Resolution Foundation is hosting an in-person event and interactive webinar to debate and discuss these questions. Following a presentation of the key recommendations from a new Resolution Foundation report, we will hear from leading experts on the key policy questions the Government needs to resolve to ensure the success of the Adult Social Care Negotiating Body and Fair Pay Agreement.

Immigration is one of the most salient and polarised issues among the British public – and one that successive Government policy initiatives have failed to resolve. Now central to the UK’s political debate, the issue regularly makes headlines and is used as a device by parties to win public opinion. Seen by some as a missing part of the UK’s growth strategy, and by others as having gone too far, any discussions are often binary and divisive. And while politicians recognise the need to get immigration policy right; they continue to be torn over what strategy is best, let alone how to deliver it. In his latest book Why Immigration Policy Is Hard, Professor of Economics at the LSE and former Chair of the Migration Advisory Committee Alan Manning makes the case that while immigration policy will never satisfy everyone, that doesn’t mean it can’t be (and needs to be) done much better. Using cutting-edge international research, Alan seeks to inform debate by first building a picture of migration across the world, then assessing the issue from both the migrant and receiving countries’ perspective. Alan then assesses options for policy design, pushing for decisions to be made even where there are difficult trade-offs.

The Chancellor has prepared the pitch for a tough second Budget, with tax rises expected as part of a fiscal strategy designed to reassure markets that the UK’s public finances are firmly under control. But the Chancellor has also promised to protect the NHS, boost growth and support families with the cost of living. Acting decisively on all of these priorities would be no mean feat as part of a Budget that takes more than it gives. How tough a settlement has the Chancellor delivered on tax rises and spending cuts? To what extent have manifesto pledges been breached? How much will the measures announced help or hinder economic growth? Who are the main winners and losers? And to what extent has this Budget laid the groundwork for the rest of the Parliament? Speakers Richard Hughes Chair of the Office for Budget Responsibility Kamal Ahmed Columnist at the Daily Telegraph Yael Selfin Vice Chair and Chief Economist at KPMG James Smith Research Director at the Resolution Foundation Ruth Curtice Chief Executive of the Resolution Foundation (Chair)

Please note that due do technical difficulties the last couple of minutes of this event are not included in the recording. November 13th 2025 The Budget run-in has centred around what taxes the Chancellor will need to raise to meet her fiscal rules. But housing could potentially play an equally decisive role. Ambitious planning reform could deliver the economic growth that Britain so desperately needs, the current mess of property taxation is ripe for reform, and better support for families in rented accommodation could raise living standards and reduce child poverty. Successive governments have failed to grapple with Britain’s housing challenges, but can the Chancellor afford not to grasp it? How can planning reform be strengthened, and what might it mean for growth? How much appetite is there for touching the terrible twin taxes of stamp duty and council tax? And how should housing feature in the Government’s new Child Poverty strategy that will sit alongside the Budget? SPEAKERS Emily Williams Director of Residential Research at Savills Paul Cheshire Emeritus Professor of Economic Geography at the LSE Jamie Carswell Director of Housing and Safer Communities at the Royal Borough of Greenwich Hannah Aldridge Senior Research and Policy Analyst at the Resolution Foundation Ruth Curtice Chief Executive of the Resolution Foundation (Chair)

The Resolution Foundation has recently published research assessing how the Government can help families with high energy bills. Our Chief Executive discussed the proposals with Jonathan Marshall (one of our Principal Economists) and Adam Scorer, the Chief Executive of National Energy Action. Tune in to learn about the drivers of Britain’s stubbornly high household energy bills, and how reform of the costs added onto bills offers a route for helping families with the cost of living this winter. To learn more, read 'Splitting the bill' on our website today: https://www.resolutionfoundation.org/publications/splitting-the-bill/

After delivering her first Budget last autumn, which included the biggest tax rises in decades to fund a major boost to public services, Rachel Reeves said that she would not be coming back with more tax increases. Fast forward 12 months and she’s about to do just that given a deteriorating outlook for the public finances risk the fiscal rules being broken. So the task for the Chancellor at this Budget is to show that she is serious about meeting her rules, boosting growth, and relieving cost of living pressures. Delivering all three in one Budget is an unenviable task. How has the UK’s economic outlook changed since March? To what extent is our economic future being shaped by present uncertainty, or past poor performance? How much tax and spend tightening might the Chancellor need to? And how can she raise more revenue in a way that does the least harm to economic growth and living standards?

The number of 16-24 year olds who are not in employment, education or training (NEET) is increasing, and drawing more political focus. Policy makers are right to worry about this major living standards concern – not earning or learning in early adulthood can stunt careers and earning potential for many years into the future. But if we’re to help NEETs we need to understand who they are and why they’re NEET, so that solutions are based on actual rather than imagined problems. How many young people are NEET in Britain today? What’s driven the recent change, and how does it differ by age and gender? What are the key education and labour market problems facing young people today, and what can policy makers do to help them?

In recent years, UK households have faced a number of economic challenges, contributing to subdued growth and increased living costs. These pressures have been particularly noticeable during the period of elevated inflation following the pandemic, and higher interest rates in response. These conditions have influenced household finances and behaviours, which affects how policymakers seek to shape the monetary policy environment. In a keynote speech at the Resolution Foundation, External Member of the Bank of England’s Monetary Policy Committee Dr. Catherine L. Mann will discuss how the recent episode of above-target inflation and higher interest rates have affected households’ consumption, savings, and financial behaviour. As part of that assessment, she will also consider how above-target inflation tends to be associated with higher volatility and uncertainty, and what that means for households’ decisions. Following Catherine’s keynote address, we will hear a response from former MPC member Michael Saunders before both panellists take part in a Q&A, chaired by President of the Resolution Foundation David Willetts.

The story of wealth across Britain has, until recently, been a straightforward one – decades of rising prices, benefiting those lucky enough to own assets. But that story has been upended in the past few years as interest rates rocketed off their historically low levels in response to the highest inflation in decades. Britain needs to look again at the size and distribution of household wealth, and people’s ability to become wealthier. What happened to household wealth during the pandemic? What has that meant for wealth inequality? Were some families financially vulnerable even before the cost of living crisis? To what extent do people become more or less wealthy over time? And how does wealth mobility – or the lack thereof – affect people’s lifetime living standards? 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 the Foundation’s Wealth Audit we will hear from leading experts on the level, distribution and mobility of wealth across Britain, and why it matters.

Britain is desperate for stronger economic growth, and technological progress – notably through AI – is often touted as a route out of stagnation. After all, technological change is commonly thought to have been the main driver of economic growth throughout history. However, if that reading of technological change is far too simplistic, with progress in fact far stilted, what does that mean for our future economic prospects? In a groundbreaking new book, economist Carl Benedikt Frey looks back over the past millennium to show how technological change has driven growth, but also stagnation. Using these lessons from history, Carl then looks ahead to the impact of AI – whether it will really deliver the stronger economic growth we all crave, or what can be done to shape that change. The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer the questions by Carl’s new book. He will be joined by Resolution Foundation President Lord Willetts to discuss the impact of technical change on economic growth and living standards, and what policy makers can do to shape that change in a positive direction.

The Chancellor has fired the starting gun on the run-in to one of the most challenging second Budgets in living memory. The Chancellor has already said her fiscal rules are sacrosanct, but higher gilt yields, policy u-turns and a likely growth downgrade mean she is on track to miss them without further fiscal consolidation. With spending plans agreed only last June, all roads point to more tax rises. What should be the tax strategy for the upcoming Budget and beyond, and what might that mean for who loses out? Is there an economic case for breaking Labour’s tax manifesto commitment, and is it worth the political cost of doing so? And how should the Chancellor align her tax strategy with wider ambitions to boost growth and living standards? 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 its latest research on how to deliver tax reform that doesn’t damage growth, we will hear from leading experts on the trade-offs the Chancellor is likely to face on tax in her upcoming Budget.

Savings are supposed to be the first line of defence against financial shocks. But in reality, millions of families across Britain don’t have enough to be more than a few pay-days away from trouble. For many low-income households in particular, the focus is less about building up savings and more avoiding the building up of debts and arrears. All of this can leave families vulnerable to one-off costs such as a car break-down or bust boiler – let alone bigger shocks such as redundancy. How financially resilient are the 13 million low-to-middle income families that make up Unsung Britain? After the cost of living crisis and the rise of ‘Buy Now, Pay Later’ schemes, how many families are in problem debt? How can those on lower incomes be encouraged to save more? And how should we deal with the large rise in rent, council tax and utilities arrears? Speakers Tim Jarvis Director for Markets at Ofgem Vikki Brownridge Chief Executive of StepChange Sebastian Burnside Group Chief Economist at NatWest Group Felicia Odamtten Economist at the Resolution Foundation Ruth Curtice Chief Executive of the Resolution Foundation  

After a not-so-quiet summer, MPs are returning from recess to a torrent of public policy challenges. Immigration remains the public’s top concern, with the economy and the NHS not far behind. Defence has also climbed the list – with the extra spending it brings adding to already daunting public finance pressures. Decisions on these issues come with unavoidable trade-offs; at a time when the parties will undoubtedly be keeping a close eye on their own performance in the polls. What are the biggest public policy challenges facing the UK? Which of these are most important to the public? What are the options for addressing these, in the immediate and long-term? And what might the implications of potential decisions the Government make on these be? Speakers Rob Ford Professor of Political Science at the University of Manchester (Virtual) Anita Charlesworth Senior Economic Adviser at The Health Foundation David Bailey Professor of Business Economics at the Birmingham Business School Anand Menon Director of UK in a Changing Europe Ruth Curtice Chief Executive of the Resolution Foundation (Chair)

The Chancellor has fired the starting gun on the run-in to one of the most challenging second Budgets in living memory. The Chancellor has already said her fiscal rules are sacrosanct, but higher gilt yields, policy u-turns and a likely growth downgrade mean she is on track to miss them without further fiscal consolidation. With spending plans agreed only last June, all roads point to more tax rises. What should be the tax strategy for the upcoming Budget and beyond, and what might that mean for who loses out? Is there an economic case for breaking Labour’s tax manifesto commitment, and is it worth the political cost of doing so? And how should the Chancellor align her tax strategy with wider ambitions to boost growth and living standards? SPEAKERS Dan Neidle Tax lawyer, journalist and commentator Lord David Willetts President of the Resolution Foundation Adam Corlett Principal Economist at the Resolution Foundation Ruth Curtice Chief Executive at the Resolution Foundation  

Britain is desperate for stronger economic growth, and technological progress – notably through AI – is often touted as a route out of stagnation. After all, technological change is commonly thought to have been the main driver of economic growth throughout history. However, if that reading of technological change is far too simplistic, with progress in fact far stilted, what does that mean for our future economic prospects? In a groundbreaking new book, economist Carl Benedikt Frey looks back over the past millennium to show how technological change has driven growth, but also stagnation. Using these lessons from history, Carl then looks ahead to the impact of AI – whether it will really deliver the stronger economic growth we all crave, or what can be done to shape that change. The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer the questions by Carl’s new book. He will be joined by Resolution Foundation President Lord Willetts to discuss the impact of technical change on economic growth and living standards, and what policy makers can do to shape that change in a positive direction.

Making Britain work for everyone: How can employers go further to recruit and retain disabled workers? Speakers include Charlie Mayfield, lead of the Keep Britain Working review  Boosting employment among people with a health condition or disability is a crucial part of this Government’s agenda; from reaching an employment rate of 80 per cent, to reducing economic inactivity and curbing welfare spending. Yet disabled people continue to face barriers to employment. Encouraging employers to go further in hiring and retaining disabled people is key to shifting the dial on this.

From healthcare to carers’ care How disabilities and caring responsibilities impact the lives of lower-income Britain The rising prevalence of ill-health and disability across Britain has been under the spotlight recently; not least the implications for the country’s benefits bill. But the impact on those who are ill or disabled, and the family members who care for them, has been less discussed. Disability and the caring needs that can come with it already disproportionately affect the poorer half of Britain, and many of these families face a severe income penalty as a result.

A timely discussion exploring the profound transformation of global trade, amid rising tariffs and mounting geopolitical tensions. What are the broader economic implications for the UK, US and wider global landscape? The discussion will be chaired by Chaired by the Rt Hon Lord David Willetts, joined by an expert panel; Professor Meredith Crowley, Russell Napier and Sherman Robinson. Brought to you by the Resolution Foundation, Society of Professional Economists and Royal Economic Society.

New deal or no deal How will the Employment Rights Bill impact workers, businesses and the wider economy?   Kate Bell Assistant General Secretary at the TUC Neil Carberry Chief Executive of the Recruitment and Employment Confederation Darren Newman Employment Law Consultant Nye Cominetti Principal Economist at the Resolution Foundation Greg Thwaites Research Director at the Resolution Foundation (Chair)

The price is tight How are the cost of essentials affecting low-to-middle-income families across Britain?   Speakers Clare Moriarty Chief Executive of Citizens Advice Peter Levell Deputy Research Director at the IFS Lalitha Try Economist at the Resolution Foundation Mike Brewer Deputy Chief Executive at the Resolution Foundation (Chair)

Britain is racked by pay divides – on gender, race, age and education status. But one of its starkest inequalities centres on geography, which is far more complex than Londoners earning more than everyone else. But while regional pay inequality is widely discussed, what drives these divides is less well understood. And that really matters if we’re to tackle these inequalities.

The Government’s fiscal events have had a shaky start so far. The Autumn Budget unveiled £41 billion of tax rises by 2029-30, while the Spring Statement was dominated by controversial welfare reform that will hit poorer families the hardest. The Spending Review provides a fresh opportunity to focus on growth and living standards, as it sets out the details of over £40 billion additional annual day-to-day public service spending, and over £100 billion worth of infrastructure funding. But with Britain facing the strong headwinds of global economic turbulence and strained public services, will it be third time lucky for the Chancellor? Has the Government boosted public services across the board, or has the NHS taken the lion’s share of the cash? Has public investment centred on repairing Britain’s fraying social infrastructure – its schools, hospitals and housing stock – or building new economic and energy infrastructure? Have limited resources been effectively prioritised to support growth and improve living standards? And how might the Spending Review shape the upcoming Budget this Autumn?

The effects of Covid-19 and double-digit inflation may have faded, but the cost of living remains a top concern for families. Recent tax increases, coupled with rising utility bills and housing costs, are adding to the pressures that households face. The jobs market is loosening with unemployment rising and real-pay rises shrinking. And these domestic pressures sit aside global economic uncertainty that will inevitably impact families at home. How has the outlook for living standards changed in light of recent events? What do these developments mean for the experiences of different households?  How might changes in the economic or policy outlook affect households, for better or for worse? And what policies would have the biggest impact for lower-income families?  

Book launch for Exile Economics: What happens if globalisation fails by Ben Chu

Where are the Government’s welfare reforms heading?

Which areas of public investment should be prioritised at the Spending Review?

What are the labour market experiences of foreign-born workers? How do systemic issues allow poor practices to persist? What are the wider implications for the UK labour market? And how can policy – including the measures in the upcoming Employment Rights Bill – better protect workers?

Our homes are now the second biggest contributor the UK’s carbon footprint, and efforts to address this rely on the widespread replacement of gas boilers with electric heat pumps. But the rollout of heat pumps is slow and behind schedule, despite generous grants on offer, and particularly so among low-to-middle income families and those living in urban areas. Home heating is one of the most visible parts of the net zero transition to households, and a policy shift is required to get more fitted into homes and ensure that all families ultimately benefit via lower energy bills. But these shifts are neither free, nor straightforward.

Despite the cuts announced in the Chancellor’s Spring Statement, spending on public services is set to be on average £43 billion higher over the years of the upcoming Spending Review, compared with what was set out by the previous Government at the 2024 Spring Budget. But with much of this extra spending front-loaded to this year and next, questions remain about funding pressures in the years after that. These services are vital for families – providing ‘in kind’ benefits which provide a huge boost to the living standards of lower-income households. So future provision will make a difference to the outlook for living standards.

What is driving the US’ impressive productivity outperformance? How does it differ from the UK, and what lessons can be drawn? And what can firms and policy makers do to reverse the UK’s productivity woes, and prevent another decade of economic stagnation in Britain?

Book launch for The Measure of Progress by Diane Coyle.

The minimum wage has been a huge success story since its introduction in 1999 – but 2025 might be its trickiest year yet. The combination of increases to employer National Insurance and a bigger-than-expected 6.7 per cent rise in the National Living Wage has left businesses warning of jobs cuts and hiring freezes. Previous such warnings haven’t materialised, but with the jobs market already in recession territory, might this year be different? It is amidst this uncertainty and challenging backdrop that the Government will need set out a longer-term plan for the minimum wage.

How has the economic outlook changed since last Autumn? What are the impacts of any tax and spend decisions the Chancellor has made to meet her fiscal rules? How might they affect households across the income distribution? And what does the latest outlook, and the Chancellor’s response, tell us about Britain’s quest for stronger growth and rising living standards?

In her Budget last Autumn, the Chancellor set out plans to boost public spending and investment by £300 billion, alongside the largest tax increases in over 30 years. She also announced new, binding fiscal rules and left herself £10 billion of headroom against meeting them. But the UK economy – and the world – has changed in the past five months…   To what extent will the UK’s poor recent economic performance feed through into the Office for Budget Responsibility’s new economic and fiscal outlook, and how it will affect the amount of headroom the Chancellor has? What policies may be required – on tax, welfare and public service spending – to hit the fiscal rules? And how do these policies sit in the wider context of the UK needing to defend itself and its allies, grow its economy, and boost living standards throughout the country?