How can the Chancellor allay cost of living concerns in the Budget? Households across Britain have spent most of the 2020s stuck in a cost of living crunch. With inflation rising again, and the energy ...
The Prime Minister’s announcement that he will end the triple lock on the State Pension at the start of the next parliament is good news for the public finances, and recycling the savings into social ...
No two labour markets are alike. But in recent years the UK and the UK have rhymed. Both have seen decent pay growth for the lowest earners, though by different routes: a rising minimum wage in the UK ...
The UK’s raises more from residential property taxation than other advanced economies. But the problem is that our two main taxes on housing – Council Tax and Stamp Duty – are terribly designed, ...
This briefing note examines how England taxes residential property and sets out a roadmap for replacing Council Tax and Stamp Duty with a system that is fairer, more efficient, and does not penalise ...
Residential property taxes are now so far removed from modern house prices that Londoners are under-paying by £3.1 billion relative to the value of their homes – with the rest of England over-paying ...
Public sector net borrowing was £8.1 billion above the OBR forecast for the financial year to August, largely driven by higher-than-expected spending and reflecting the impact of inflation. Despite ...
More than 1.1 million low-income families are facing an acute cost-of-housing crunch as the gap between cheap local rents and the benefit support private renters can claim is set to reach a record ...
Local Housing Allowance (LHA), which caps how much support is provided through the social security system to low-income private renters, was last relinked to the 30 th percentile of rents in April ...
We’ve had plenty of numbers to crunch this week, with new insights on (slowing) pay growth, (accelerating) inflation and a worrying cost of living outlook from the Bank of England – more on all that ...
Ruth Curtice and James Smith outline the potential pitfalls of blanket cost of living support at a time of high borrowing costs and pacey price rises. Andy Burnham came into office promising to find ...
CPI inflation rose to 3.1 per cent in August, up again from 2.9 per cent in July, in line with market expectations, driven largely by higher petrol and diesel prices, the Resolution Foundation said ...
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