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Resolution Foundation
@resfoundation
The Resolution Foundation is an independent think-tank dedicated to lifting living standards in the UK.
London
linktr.ee/resfoundation
Joined August 2009
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  • user avatar
    Resolution Foundation
    @resfoundation
    Sep 8, 2023
    This parliamentary term is on track to be by far the worst for living standards since the 1950s. Typical working age household incomes are on course to be 4% lower in 2024-25 than they were in 2019-20. Never in living memory have families got so much poorer over a parliament.
    Graph showing Total real growth in non-pensioner equivalised household disposable income, after housing costs, by parliament: GB/UK
    803K
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    Resolution Foundation
    @resfoundation
    Oct 29, 2018
    Who gains most from the Chancellor's income tax cuts next year? The richest tenth of households are overwhelmingly the biggest winners
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    Resolution Foundation
    @resfoundation
    Sep 24, 2022
    Replying to @resfoundation
    Middle income Britain stands to lose most from the overall impact of all tax and benefit policies announced over the parliament. The poorest fifth of households gain £90 on average, with the middle fifth losing £780, and only the top five per cent gaining significantly (£2,520).
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    Resolution Foundation
    @resfoundation
    Jan 4, 2024
    British households are on course to be poorer going into the coming election, than they were coming out of the last one. This Parliament looks set to be the worst on record for household income growth... 👇
    Chart showing total growth in per capita real houshold disposable income, over parliament
    185K
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    Resolution Foundation
    @resfoundation
    Sep 6, 2023
    This parliamentary term is on track to be by far the worst for living standards since the 1950s. Typical working age household incomes are on course to be 4% lower in 2024-25 than they were in 2019-20. Never in living memory have families got so much poorer over a parliament.
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    159K
  • user avatar
    Resolution Foundation
    @resfoundation
    Nov 21, 2019
    Replying to @resfoundation
    Labour's plans would mean the size of the state growing to a mid-table European size. This is not radical from an international perspective, but is radical given Britain's recent economic history.
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    Resolution Foundation
    @resfoundation
    Jan 18, 2021
    Cutting Universal Credit by £20 a week could drive up relative poverty from 21% today to 23% by 2024-25, while a further 730,000 children would fall into poverty. The decision on UC will help define whether this is to be a parliament of levelling up incomes, or pushing up poverty
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    Resolution Foundation
    @resfoundation
    Nov 22, 2017
    Average annual pay is projected to be £1,030 lower in 2022 than was forecast in the March 2017 Budget. That extends Britain's pay downturn to 2025 - 17 years of lost pay growth
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    Resolution Foundation
    @resfoundation
    Sep 24, 2022
    Replying to @resfoundation
    The Chancellor’s huge package of personal tax cuts will disproportionately benefit London and the South East – with households in these regions standing to gain to three times as much on average (£1,600) as those living in Wales, the North East and Yorkshire (£500) next year.
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    Resolution Foundation
    @resfoundation
    Sep 24, 2022
    NEW Blowing the budget - the RF overnight analysis of the Chancellor's September Fiscal Statement. Here's a short thread of the key highlights ahead of you reading the full 31 page report.... 🧵
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    Mini budget analysis: Blowing the budget
    From resolutionfoundation.org
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    Resolution Foundation
    @resfoundation
    Sep 13, 2021
    If only this were true. A Universal Credit claimant on the National Living Wage will take a home as little as £2.24 from an extra hour’s work. A small increase in working hours will be nowhere near enough to cover the £20 a week cut coming their way next month.
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    BBC Breakfast
    @BBCBreakfast
    Sep 13, 2021
    "£20 a week is about two hours extra work every week, we will be seeing what we can do help people perhaps secure those extra hours” On #BBCBreakfast Work and Pension Secretary Thérèse Coffey says the increase to universal credit was always temporary. bbc.in/3k2swRY
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    Resolution Foundation
    @resfoundation
    Mar 24, 2022
    NEW RF analysis of #SpringStatement2022 - The scale and distribution of the cost of living squeeze means a further 1.3 million people are set to fall into absolute poverty next year, including 500,000 children – the first time Britain has seen such a rise outside of recessions.
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    Resolution Foundation
    @resfoundation
    Jan 6, 2025
    Graduate salaries have stagnated while the minimum wage has risen, leading to convergence between the two. Two decades ago, the median graduate in a ‘graduate job’ had a salary 2.5 times that of a minimum wage worker, by 2023, the typical graduate earned 1.6 times a minimum wage
    Chart showing real full-time annual earnings for someone on the minimum wage and different categories of graduates: UK
    98K
  • user avatar
    Resolution Foundation
    @resfoundation
    Sep 24, 2022
    Replying to @resfoundation
    Between 2021-22 and 2023-24, the number of people living in absolute poverty is on track to rise by 2.3 million, including 700,000 children.
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