Pay Boost for Millions of Workers Next Year

Over 3 million workers will receive a pay boost after the Chancellor confirmed the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025. The 6.7% increase – which is worth £1,400 a year for an eligible full-time worker – is a significant...

Autumn Budget 2024

The Chancellor of the Exchequer presented her Autumn Budget to Parliament on Wednesday 30 October 2024. HM Treasury has released the full Autumn Budget 2024 with supporting and related documents. Click here for more and here for a government breakdown of the 5 things...

Resolution Foundation Report

In this briefing note, Resolution Foundation put the big decisions faced by Chancellor in the new Government’s pivotal first Budget into context, discussing the new – and old – spending pressures faced, how the economic outlook has changed, and what all means for the...