Category: Resolution Foundation

Former Bank of England deputy warns Rachel Reeves against kneejerk cuts

Charlie Bean says OBR forecasts are ‘flaky’ and cautions against trying to hit targets five years awayThe former Bank of England deputy governor Charlie Bean has warned the chancellor against making kneejerk cuts in...

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Starmer says it would be ‘big mistake’ to think Ukraine no longer needs military support because peace deal inevitable – as it happened

This live blog is now closed, you can read more of our UK political coverage hereLucy Powell, the leader of the Commons, defended the government’s position on the new Sentencing Council guidelines (see 9.46am) during...

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Starmer says it would be ‘big mistake’ to think Ukraine no longer needs military support because peace deal inevitable – UK politics live

Prime minister says countries will have to defend a peace deal, if one happens, as he takes questions at a defence factoryLucy Powell, the leader of the Commons, defended the government’s position on the new Sentencing...

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Poorest UK households pay rising share of income on council tax, study finds

Resolution Foundation report says failure to reform has ‘slowly recreated the issues that undid the poll tax’Britain’s poorest households are paying an increasing share of their income on council tax, according...

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Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank

Household incomes to stagnate or fall but will be offset by better public services, says Resolution FoundationHousehold incomes will stagnate or fall next year but the chancellor, Rachel Reeves, will be hoping people feel better...

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Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five yearsRachel Reeves is now being interview on ITV’s Good Morning Britain.She is being interviewed by Ed...

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Reeves’s long-term spending figures almost as unrealistic as Tories’ were, IFS says – UK politics live

Institute for Fiscal Studies says budget ‘looks like the same silly games’ as seen under the ConservativesRachel Reeves is now being interview on ITV’s Good Morning Britain.She is being interviewed by Ed Balls,...

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Labour MPs urge Reeves to spend tens of billions more on ailing public services

About 70 colleagues have written to chancellor ahead of budget pleading for her to commit to rewriting fiscal rules• How Labour promises have left Rachel Reeves with a giant budget headache Scores of Labour MPs are pleading...

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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 Rachel Reeves is being urged by a left-of-centre thinktank to announce changes to capital gains tax, inheritance tax and...

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Warning over rise in children on disability benefits in England and Wales

Resolution Foundation points to growth in claims for conditions such as autism and says adulthood brings financial cliff edgeChildren in England and Wales aged 15 or 16 are now more likely to be receiving disability benefits...

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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 breadlineKeir Starmer has been warned that the two-child benefit cap has contributed to a widening gulf in regional poverty,...

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Wealth taxes could raise £10bn to help plug Tory budget hole, say economists

Reforms to inheritance and capital gains taxes could reduce £20bn shortfall and combat UK’s widening wealth gapRachel Reeves could quickly find around £10bn a year to plug half of the fiscal hole left by the...

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