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The Latest Breaking News from The Resolution Foundation

Gen Z earning more than millennials did at the same age, says thinktank

At age 24, workers born in the late 1990s are paid more than any cohort since those born in the 1950s

The Guardian - UK

The generation enjoying the best early career pay in decades

IN FULL

The Independent UK

Gen Z enjoys pay rebound as earnings outstrip millennials

People born in the early 2000s are earning more than any other age cohort going back to those born in the 1950s

The Independent UK

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The right wants money for defence. It should start with MoD wastefulness – or even the pensioner triple lock

There is nothing left to be squeezed from disabled people or families, says Guardian columnist Polly Toynbee

The Guardian - UK

What can the Dutch teach the UK about how to tackle the youth jobs crisis?

The Netherlands has the lowest rate of young people not in education, employment or training in the EU

The Guardian - UK

The stats that highlight how young families in the UK are being ‘priced out of homeownership’

As the number of private renters has changed, so too have the characteristics of tenants, the research found

The Independent UK

Children ‘more likely than working-age adults to live in private rented sector’

The number of 30-something renters has soared as young families have been priced out of homeownership, the Resolution Foundation said.

Evening Standard

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UK must seek closer trade ties with EU to reverse economic damage of Brexit, think tank warns

Trade with Europe has ‘undershot ambition’, says Resolution Foundation

The Independent UK

UK has wealthy Europe’s ‘third-highest’ rate of young adults not in work or study

Resolution Foundation report says ‘crisis’ stems from rising ill-health and a failing system of benefits and job support

The Guardian - UK

Middle class to be £480 worse off as Trump's Iran war drives up bills, says think tank

Rising fuel and energy costs driven by Middle East conflict are forecast to impact UK incomes, with middle earners hardest hit

Evening Standard

Tory ex-chancellor Jeremy Hunt proposes ‘social tariff’ to help less well-off with energy bills

Resolution Foundation backs plan to offset rising costs from Iran war likely to leave households £480 poorer

The Guardian - UK

Middle East conflict drives up energy costs, hits UK household incomes: Report

Rising energy prices caused by the ongoing conflict in Iran are set to hit British households, potentially derailing a fragile recovery in living standards, according to a report by the Resolution Foundation.

The Times of India

Average household ‘to be £480 worse off’ due to increased energy costs

IN FULL

The Independent UK

Cost of living crisis ‘holding young people back from having children’ as UK birth rate falls

New analysis suggests falling birth rates appear to be driven partly by financial struggles rather than a shift away from parenthood

The Independent UK

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The Guardian - UK

Energy bills: UK government urged to launch ‘social tariff’ to help vulnerable households

As Iran war drives up cost concerns, thinktank says £3.7bn discount system should be developed before next winter

The Guardian - UK

Ministers discuss ways to offset energy price surges caused by Iran war

Government’s claim to have lowered bills in jeopardy as households face £160 rise caused by soaring oil and gas prices

The Guardian - UK

How will war in the Middle East affect your finances?

Surging energy prices and tumbling stock markets are threatening a new UK cost of living crisis

The Independent UK

Britain’s economic growth to be weakest in a century outside of pandemic and WWII, think tank warns

The UK’s top two economic think tanks – the Resolution Foundation and the Institute for Fiscal Studies – have issued dire warnings over economic growth and borrowing a day after Rachel Reeves delivered her spring statement

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The Guardian - UK

War in Middle East ‘could wipe out growth in UK living standards’

Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktank

Evening Standard

Rachel Reeves in emergency talks with oil and gas chiefs amid warning of £500 rise in energy bills

Fears are growing that Donald Trump’s Iran war will push up energy bills in Britain

The Guardian - UK

UK motor fuel prices rise since Middle East conflict began, and energy bills could jump 10% in July – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

UK parents fear young will be worse off for first time in a century, ex-minister warns

Alan Milburn says people feel ‘social contract is being broken’ as number of Neets climbs to 957,000

The Independent UK

Energy bills set to fall across the UK – but experts issue future warning

Energy bills could drop by more than £200 for some households from April

The Independent UK

Sharper than expected fall in net migration ‘will add £3bn to UK’s borrowing’

Chancellor Rachel Reeves is due to use her spring statement to give an update on the UK economy within weeks

The Independent UK

Britons ‘working harder for less’ as living standards see historic slowdown

More than half of households in poverty now contain a working person, report finds

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