Resolution Foundation
@resfoundation

The Resolution Foundation is an independent think-tank dedicated to lifting living standards in the UK.

 London
linktr.ee/resfoundation
Joined August 2009
27,771 Photos and videos
Although typical pensioner incomes have caught up with working age incomes, pensioner poverty has recently started rising again. @MorganVine_ from @IndependentAge spoke about what it might take to turn that trend around, in our latest podcast discussion 👉 buff.ly/GrmapUw
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Why was the ONS overestimating the hours worked in the economy? Survey-based estimates had previously implied that the average employee took three fewer days of annual leave than the legal minimum, which seems implausible.
Line-and-bar chart showing UK full‑time employees’ average annual leave 1997–2024: a blue line of reported entitlement rising from about 25 to 27 days, green bars of reported leave taken falling from roughly 22 to about 17 days, and a dashed 20‑day statutory minimum.

ALT Line-and-bar chart showing UK full‑time employees’ average annual leave 1997–2024: a blue line of reported entitlement rising from about 25 to 27 days, green bars of reported leave taken falling from roughly 22 to about 17 days, and a dashed 20‑day statutory minimum.

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Broken housing taxes mean Londoners are under-paying by £3.1 billion – with the rest of England over-paying in return. But it is possible to put England's broken housing taxes on firmer foundations 👉 buff.ly/SAUyopI
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Winners from the current system of housing taxation are concentrated in London, while the rest of the country is more likely to be losing than winning 👇 buff.ly/SAUyopI
chart showing Proportion of households winning and losing from current property tax system compared to a proportional one, by region: England, 2030-31

ALT chart showing Proportion of households winning and losing from current property tax system compared to a proportional one, by region: England, 2030-31
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With more people entering retirement while living in the private rented sector, we may soon see "a different sort of multigenerational living", according to @ClaerB. In the latest episode of High Resolution, we tackle the triple lock. Listen here ⤵️ buff.ly/GrmapUw
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A combination of poor design and neglect has left residential property taxes a mess: creating both huge variation in the weight of the tax burden, and a falling tax rate as the value of a property rises 👇
Chart showing Median and interquartile range of annual property taxes as a proportion of property values, by property price: England, 2030-31

ALT Chart showing Median and interquartile range of annual property taxes as a proportion of property values, by property price: England, 2030-31
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Although typical pensioner incomes have caught up with working age incomes, pensioner poverty has recently started rising again. @MorganVine_ from @IndependentAge spoke about what it might take to turn that trend around, in our latest podcast discussion 👉 buff.ly/GrmapUw
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The latest estimates from the ONS suggest that average weekly hours have fallen by 5 per cent since the financial crisis. That's good for our productivity measure. Find out more about the ramifications ⤵️ buff.ly/AnlLKqL
Line chart showing change in average actual hours worked in the UK relative to 2007, comparing old (blue) and new (red) measurement approaches, with a sharp drop around 2020 and divergence by 2024: old +1.3% versus new −5.2%.

ALT Line chart showing change in average actual hours worked in the UK relative to 2007, comparing old (blue) and new (red) measurement approaches, with a sharp drop around 2020 and divergence by 2024: old +1.3% versus new −5.2%.
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Here's our take on the ONS's new productivity estimates. They don't change the unavoidable reality of UK economic stagnation, but they do challenge the consensus on its causes 🧵👇
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It's too early to say definitively why this is the case. But it's probably not as simple as workers choosing to bank the proceeds of (often meagre) wage growth by working less. Many workers struggle to get as many hours as they'd like.
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It also raises questions for the OBR, which cited Britain's recent productivity data when it downgraded its economic forecast last year. Its latest assumption for productivity growth looks more pessimistic in light of the new data (but its assumption of slowly falling hours looks more optimistic).
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Top of the Charts is Ruth Curtice's weekly round up of interesting research, plus the first place to see every Chart of the Week. Sign up here to get it straight to your inbox every Friday ⤵️mailchi.mp/resolutionfoundat…
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Is there a tension between delivery and devolution? We discussed the new PM's competing priorities with @anandMenon1 on the most recent episode of High Resolution ⤵️ buff.ly/GrmapUw
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Why was the ONS overestimating the hours worked in the economy? Survey-based estimates had previously implied that the average employee took three fewer days of annual leave than the legal minimum, which seems implausible.
Line-and-bar chart showing UK full‑time employees’ average annual leave 1997–2024: a blue line of reported entitlement rising from about 25 to 27 days, green bars of reported leave taken falling from roughly 22 to about 17 days, and a dashed 20‑day statutory minimum.

ALT Line-and-bar chart showing UK full‑time employees’ average annual leave 1997–2024: a blue line of reported entitlement rising from about 25 to 27 days, green bars of reported leave taken falling from roughly 22 to about 17 days, and a dashed 20‑day statutory minimum.

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The ONS has revised its historical productivity estimates. According to the new numbers, the UK did not have especially slow productivity growth after the financial crisis. Find out what the consequences might be for the public finances ⤵️ buff.ly/AnlLKqL
Horizontal bar chart ranking average annual real output per hour growth across high‑income OECD countries (2007–2019), showing Australia highest and Finland lowest, with the UK highlighted in red at 1.0% (new measure) and 0.5% (old measure).

ALT Horizontal bar chart ranking average annual real output per hour growth across high‑income OECD countries (2007–2019), showing Australia highest and Finland lowest, with the UK highlighted in red at 1.0% (new measure) and 0.5% (old measure).

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