Reforms to Inheritance Tax (IHT), Capital Gains Tax (CGT) and employer National Insurance (NI) could raise over £20 billion a year, and still pass a 'triple tax test' of improving tax efficiency, ensuring that tax rises fall on those with the broadest shoulders and not break Labour's manifesto
Resolution Foundation
Housing stock across the UK is characterised as “expensive, cramped and ageing” when compared with that of other countries, according to new analysis by the Resolution Foundation.
Typical household disposable incomes for working-age families are on track to fall by 3% this financial year, and by 4% next year, with the two-year cost-of-living squeeze set to leave families £2,100 worse off and only the very richest households seeing their incomes rise, according to new re
The government's support all households with energy bills over the first three months of 2023 will cost £16 billion in taxpayer money, according to Resolution Foundation analysis. Ofgem revealed yesterday that the annual energy bill of a typical household would have risen to £4,279 betwe
Recent first-time buyers will be hit hard by surging interest rates, with their lifetime interest costs more than doubling over the past five years and their total lifetime costs reaching record highs, although coming house price falls will offer some respite to the next generation of homeowners, ac
It has been predicted that millions of families are set to see their annual mortgage payments rise by an average of £5,100 between now and the end of 2024, according to new analysis published by the Resolution Foundation. With the low-interest rate era firmly at an end – the Bank of Engl
Households in the UK are set to be £1,000 worse off next year due to the tightening of living costs, caused by rising energy prices, alongside a shortage of workers and supplies caused by Covid and Brexit, according to a new report by the Resolution Foundation. The think-tank warned that highe
Average pay in the UK will be £1200 a year lower in the next five years, according to the Resolution Foundation. Responding to Chancellor Rishi Sunak's Spending Review announcement on Wednesday this week, the think tank has warned that the coronavirus crisis is prolonging the UK's 15-yea
An estimated one million furloughed UK workers are at risk of unemployment when the UK Government's furlough scheme ends in October, according to the latest analysis by the Resolution Foundation.