Independent British think tank focused on improving living standards for low- and middle-income families
The government has explored targeted energy discounts to shield households from winter price shocks, with the Resolution Foundation urging a means-tested scheme. Proposals aim to reach the poorest households, potentially saving about £175 a year for eligible families, and to be ready to switch on by January 2027 as Ofgem prepares for the winter price cap.
Labour announces an autumn budget for Oct. 28, sticking to fiscal rules while expanding devolution and defence spending under pressure from Iran-related inflation and rising borrowing costs.
Devolved welfare policy shows regional differences in entitlements, with Scotland benefiting more from certain supports. England and Wales have lower access in some cases, while local council tax reductions vary by locality. Separately, SNAP benefits have shrunk as a new U.S. law raises work requirements and state cost responsibilities, impacting millions of beneficiaries.
The government has launched a youth jobs grant to hire 18- to 24-year-olds on universal credit for six months, offering firms £3,000 per recruit. The move aligns with a jobs guarantee and broader poverty-reduction efforts, while education and childcare supports expand. Roundtable discussions with hospitality leaders accompany the policy rollout.
A sweeping Timms review finds the Personal Independence Payment not fit for purpose and not serving disabled people or taxpayers well. Interim proposals call for bold reform while spending on the benefit continues to rise, driven largely by mental-health related claims.
The government has appointed a new Chancellor, Healey, while Prime Minister Burnham is moving to keep within fiscal rules. Analysts expect defence spending to rise and tax and welfare reforms to be debated as markets react to the new leadership. The government is balancing investment with debt concerns amid a tight public finances picture.
NIESR warns inflation will stay higher for longer, squeezing public finances. New PM Burnham faces costly promises; borrowing is at capacity and funding will require tax reform or spending cuts. Inflation peaks at 3.8% in Feb 2027 before easing.
Burnham has vowed to reform England's social care system, promising to spend political capital to address a long-running crisis. He has faced questions on funding as he outlines pledges in his early weeks as prime minister.
Labour Prime Minister has convened a Downing Street summit with Tory and Lib Dem leaders to press for cross-party reform of England’s social care system. He has accelerated Baroness Casey’s national care review and will launch a public consultation to shape a National Care Service, arguing reform is urgent to protect the NHS and families.
The housing sector faces ongoing demand weakness amid higher mortgage costs and caution among buyers. Independent and Guardian reports show Bellway and Persimmon outlining resilient profits amid cost pressures, while government policy and stamp-duty considerations loom as potential accelerants. The sector is adjusting to a constrained supply outlook.