The labour supply is falling fast... but labour demand is falling faster.

RF Research Director Gregory Thwaites on the latest Office for National Statistics (ONS) labour market data ⤵️ resolutionfoundation.org/comment/the-jo…

Are taxes going up or down?

The 4p cut in National Insurance means that from this month the typical employee will be facing a lower effective tax rate than at any time since at least 1975 📉 bbc.co.uk/news/articles/…

Universal Credit was designed to meet the policy challenges of the 2010s, but things are looking different these days.

Alex Clegg breaks down our latest research ⤵️ 📽️ resolutionfoundation.org/events/in-cred…

We've returned to a relatively normal level of inflation by historical standards.

Right now, we're only 1.2 ppts away from the Bank's 2 per cent target.

That brings us closer to target than in roughly 2 out of every 5 months (36%) since it came into force in 2004.

The Universal Credit rollout accelerated from 2019 after new legacy claims were closed, and the caseload increased sharply in the pandemic.

Read more analysis from Alex Clegg 👉 resolutionfoundation.org/publications/i…

Updated info about the WCA reforms announced in the Autumn Statement makes it clear that these are primarily cash-saving, rather than employment-boosting, efforts.

By 2028-29, 457,000 people are expected to lose benefits support...and only 15,400 are expected to move into work.

Yesterday's Office for National Statistics (ONS) inflation data indicated a drop to 3.2 per cent in March.

This means the UK's inflation rate has fallen below the US rate for the first time in two years.

People who received the severe disability premium under the legacy system, are worse off when they switch to Universal Credit.

Full analysis here ⤵️ resolutionfoundation.org/publications/i…

The labour supply is falling fast... but labour demand is falling faster.

RF Research Director Gregory Thwaites breaks down the latest Office for National Statistics (ONS) labour market data ⤵️ resolutionfoundation.org/comment/the-jo…

Are taxes going up or down?

The 4p cut in National Insurance means that from this month the typical employee will be facing a lower effective tax rate than at any time since at least 1975 ⤵️ bbc.co.uk/news/articles/…

Whoever wins the next election will be governing a country where 7 million households receive Universal Credit.

Catch up on our conversation about the future of UC with Kayley Hignell, Deven Ghelani, Alex Clegg and Torsten Bell right here ⤵️📽️ resolutionfoundation.org/events/in-cred…

🗣️ Join the conversation 📢

Next Monday we'll be discussing how to decarbonise electricity, without disadvantaging poorer families.

Jonathan Brearley Ofgem | Emma Pinchbeck | Jonny Marshall | Torsten Bell

Book here 👉 resolutionfoundation.org/events/powerin…

Good Afternoon folks! New monthly house price data has been released today by HM Land Registry – as usual brief thread to follow…🧵

The full rollout of Universal Credit will shift £2.1 billion of benefit entitlement to London and the South East and away from the rest of the country.

Explore our recent analysis of the UC rollout here ⤵️ resolutionfoundation.org/publications/i…