Ahead of Reeves delivering what most people assume will be her final Mansion House speech we’ve been looking at the data on how the economic picture has changed over the past two years. What is Reeves’ legacy?
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Ruth Curtice
Профиль VivelyChief Executive, Resolution Foundation
Some of the headroom estimates in this article look a touch optimistic to me. But we're all guessing at this point. One thing we can be sure of is that the Treasury's briefing to a new PM will not start "things are much better than people think actually". www.ft.com/content/c4ce...
Lots on and missed this. Patrick is right that the government should hurry up and appoint a National Statistician as @hetanshah.bsky.social has said. But we must stop criticising the ONS for old mistakes, or for being honest about new ones, to help it turn around. www.ft.com/content/fe04...
The ONS: an Outrage of National SignificanceThe UK statistics agency plays a vital role but has been beset by errors and poor leadershipwww.ft.comImportant analysis of today's announcement and its implications from Zachary.
Zachary LeatherDo the dizzying array of big numbers in the new Defence Investment Plan stack up? Unfortunately this isn’t a simple question 🧵 www.gov.uk/government/p...
Lots of jobs changing at the moment - but let's focus on the most important. I am recruiting for a new partner in crime. Take a look, and get in touch if you want to help us deliver higher living standards across the UK, with an incredible team. www.resolutionfoundation.org/director/
Director • Resolution FoundationThe Resolution Foundation is seeking a new Director, to work closely with the Chief Executive to develop and deliver the overall strategy of the organisation; to drive the next phase of the Foundation...www.resolutionfoundation.orgVery pleased that bbc verify have now corrected their chart based on our points - kudos to them for listening www.bbc.co.uk/news/article...
What's happened to UK defence spending?BBC Verify looks at the size of the UK military after Lord Robertson criticises the government over defence spending.www.bbc.co.ukRuth CurticeAs debates rage about where to get the money for higher defence spending, it’s important we have a clear picture of how we spent the peace dividend while it was around. Thread 🧵⤵️
Fun to be back in the weeds of public sector finances data to appear on world@1 today. The high debt-interest today is a one off thanks to the jump in inflation in March. Debt interest forecasts in the autumn will depend on whether yields are higher or lower in the ten days the OBR happen to use.
Elliott ChristensenAmid by-election news, today’s public finances release shows a continued poor start to 2026-27: borrowing in May was £5.6bn above forecast, pushing borrowing so far this financial year £7.7bn above pre-war forecasts. Short thread.
Continuing signs of a weak labour market in this mornings data. And a very striking rise in zero hours contract - see Louise's brilliant thread for more.
Louise MurphyThis morning’s data shows a weak labour market: unemployment remains high and real wages are barely growing. The monthly LFS unemployment data is volatile but the big picture is that unemployment has been climbing for the past few years and stood at 4.9% in the three months to April.
🧵It’s time to stop being polite about the triple lock! It was always a poorly designed, unfair, arbitrary ratchet and we can no longer afford it. New @resolutionfoundation.org spotlight out this morning🧵 www.resolutionfoundation.org/publications...
What a ratchet! • Resolution FoundationThe State Pension triple lock has delivered real gains for pensioners since its introduction in 2012. But the case for boosting pensioner incomes over and above others has now run out, while the case ...www.resolutionfoundation.org