The share of workers in low pay failed to fall the first time in 15 years, and in fact rose slightly on last year, the Resolution Foundation said today (Thursday) in response to the ONS Annual Survey ...
This briefing note assesses the Autumn 2026 Budget, the first from the new Chancellor, delivered against a backdrop of war in the Middle East, a fresh energy price shock and a weaker fiscal outlook.
Over the last decade, Britain’s welfare system has malfunctioned. In May 2026, there were 8.4 million people in families receiving Universal Credit (UC); 5.2 million of these were out of work (in ...
The average shortfall between Local Housing Allowance (LHA) rates and the 30 th percentile rent level has now reached an all-time high of 23.3 per cent – equivalent to a £170 a month ‘affordability ...
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No two labour markets are alike. But in recent years the UK and the US have rhymed. Both have seen decent pay growth for the lowest earners, though by different routes: a rising minimum wage in the UK ...
Conflict in the Middle East has left a huge hole in the UK public finances, halving headroom against the Chancellor’s binding fiscal rule to £12 billion. John Healey must respond with a Budget that ...
This briefing note previews the key decisions facing the Chancellor at Autumn Budget 2026. It assesses how the economic backdrop is likely to affect the OBR’s fiscal forecasts, and sets out how the ...