Ruth Curtice
ruthcurtice.bsky.social
Ruth Curtice
@ruthcurtice.bsky.social
Chief Executive, Resolution Foundation
Reposted by Ruth Curtice
Bank of England on hold at 4% on tight 5-4 vote with MPC minutes suggesting closer-than-expected decision. Big issue for today is outlook for inflation and new BoE comms. But this is also a key decision for the Chancellor ahead of the Budget. Thread on all that to follow...
November 6, 2025 at 12:14 PM
Brilliant report from centax and others out yesterday. With even small tax changes seemingly able to wreck political reputations, we have to hope some appetite remains for the really big reforms that could boost growth. share.google/H8VbJvxsT5GZ...
Tax Reforms for Growth | CenTax
share.google
November 6, 2025 at 8:56 AM
Thanks to @oecdgovernance.bsky.social for inviting me to write a blog on communicating the public finances. I am slightly obsessed with the how big is a billion issue - send me your favourite analogies! www.oecd.org/en/blogs/202...
Three things you need to know to communicate the public finances
Clear communications are essential to help empower public understanding of the public finances. In the first blog of the OECD’s Budget Blog, Ruth Curtice of the Resolution Foundation outlines 3 things...
www.oecd.org
October 29, 2025 at 12:34 PM
Rare opportunity. We are currently recruiting for a member of our senior leadership team to take forward our work on productivity and growth. Do get in touch if interested. www.resolutionfoundation.org/about-us/opp...
Research Director • Resolution Foundation
The Resolution Foundation is looking for an exceptional candidate to help lead our research team. This is an exciting opportunity to join the Foundation’s senior leadership as we seek to turn around t...
www.resolutionfoundation.org
October 27, 2025 at 1:59 PM
Reposted by Ruth Curtice
Recruitment has begun for a new National Statistician (£200k). Important role as the strategic head of the UK statistical system. There is less operational work as there is now a Perm Sec for ONS. So they are seeking an ‘internationally recognised leader in statistics’
www.saxbam.com/appointment/...
UK Statistics Authority
Official statistics play a vital role in supporting society and the economy - informing government policymaking and evaluation, guiding economic and
www.saxbam.com
October 25, 2025 at 6:56 AM
Things I learnt from our excellent panel today 1) we should set a target/ambition for NEETs not just state the problem 2) need to worry about whether any of local growth fund is going into employment support and 3) other countries target apprenticeship schemes much more successfully than the UK
And that's a wrap!

You can watch back our event:

Seeking a NEET solution - Why are so many young people not learning or earning?

On the events page on our website, or on our YouTube channel

www.resolutionfoundation.org/events/seeki...
October 21, 2025 at 8:35 PM
Reposted by Ruth Curtice
This morning's public finances release is the final set of meaningful number we get before the Budget. Borrowing was £20.2bn in September, close to official and market expectations BUT is running around £7.1bn above the OBR forecast year to date. Short thread to follow...
October 21, 2025 at 6:25 AM
Through successive governments a shadow tax and benefits system has emerged in energy bills worth £7bn. New report out today says government should fix this system, and reduce energy bills for households. www.resolutionfoundation.org/app/uploads/...
www.resolutionfoundation.org
October 16, 2025 at 7:46 AM
PM says on radio that there are 1m young people on benefits. Presume he meant 1m young people not in education employment or training. Only about half of them claim benefits.
October 1, 2025 at 7:33 AM
Reposted by Ruth Curtice
There's good news and bad news on household incomes.

While we've seen healthy income growth in the past 18 months, incomes have yet to recover from the cost of living crisis.

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September 30, 2025 at 3:43 PM
Reposted by Ruth Curtice
More on the frequency of fiscal events this morning. Most important thing to understand here is that our fiscal problems are NOT caused by too many events (or OBR forecasts)- they reflect weak growth and higher interest rates that have left the public finances stretched, making decisions difficult.
September 29, 2025 at 10:35 AM
Reposted by Ruth Curtice
Supposedly age has replaced class as the big divide in British politics.

For Chart of the Week, we've examined the dramatic evolution of Labour's vote share across the age and income distribution 🧵 ⤵️ buff.ly/2SuQ8TJ
September 26, 2025 at 2:03 PM
Report out on tax options for the Budget. 2p income tax rise alongside 2p national insurance cut would mean no tax rise for an employee whose income comes from a job. With employment overtaxed at the moment, workers pay packets should be protected and distortions in the tax system removed.
2p switch from National Insurance to Income Tax could raise £6 billion while protecting workers’ pay packets • Resolution Foundation
The Chancellor should protect workers’ pay packets and level the playing field on how different forms of income are taxed – including a 2p cut in employee National Insurance (NI) offset by a 2p rise i...
www.resolutionfoundation.org
September 23, 2025 at 7:01 AM
Key point from James on the public sector finances this morning. Receipts weakness important for the forecast. One more month of data will make it into OBR calcs.
So what's going on? Unfortunately for the govt the biggest bit of news here was weaker tax receipts- cen gov receipts accounted for about £6.1bn of the £11.4bn overshoot in borrowing relative to the OBR forecast in the year to Aug. This is the bit of the pub finance data that has most signal.
September 19, 2025 at 9:11 AM
Reposted by Ruth Curtice
Poverty rate data from the IFS: ifs.org.uk/living-stand...

Comparative international pension data from the OECD: stat.link/v8jpaz

Post-2010 policy impact from Resolution Foundation: www.resolutionfoundation.org/app/uploads/...

ENDS
Living standards, poverty and inequality in the UK | Institute for Fiscal Studies
Key research, data and resources that show how and why living standards and poverty have changed since 1961.
ifs.org.uk
September 16, 2025 at 3:20 PM
Reposted by Ruth Curtice
New piece out today on recent market moves.
Key takeaway is that we shdnt be surprised UK borrowing costs are high given inflation struggles & reliance on foreign investors. Much of this is not about govt fiscal policy BUT risks mean a decisive response is needed from the Chancellor, BoE and DMO.
The Macroeconomic Policy Outlook: Q3 2025 • Resolution Foundation
UK Government borrowing costs have once again been in the headlines. Recent moves have, however, been overblown: since benchmark 10-year yields peaked at post-financial-crisis highs of 4.9 per cent in...
www.resolutionfoundation.org
September 12, 2025 at 11:21 AM
Great to have Sophie back!
Exciting news: I’m back from maternity leave👶and so I'm diving straight in with today’s July 2025 trade data release. But after a few months away, I’ll also step back to see how trade has evolved so far this year.
September 12, 2025 at 8:06 AM
You can see more about my comments at the summit here #HousingCommunitySummit
Today our Chief Executive @ruthcurtice.bsky.social addressed @cihhousing.bsky.social Housing Community Summit to give a big picture overview of the UK economy.

🧵⤵️
September 8, 2025 at 3:59 PM
Great to open the housing community summit today. Struck by the optimism of the sector around the Social and Affordable homes programme; but concerns on workforce (not just construction, also surveyors) and planning capacity. 🧵#HousingCommunitySummit
September 8, 2025 at 3:51 PM
While it is sad to see the depth of problems at the ONS, it is heartening to see mistakes owned up to honestly and transparently. The start of fixing.

www.theguardian.com/business/202...
Retail sales rise but ONS apologises as statistics crisis deepens
July data late, with UK statistics body admitting to errors in way it produces seasonally adjusted sales figures
www.theguardian.com
September 5, 2025 at 12:55 PM
Fantastic to work with @anandmenon.bsky.social and others on this report out this morning. Big takeaway from our panel - is the government prepared to take on fights this Autumn to make progress on these challenges. Nothing left to lose, or the window of opportunity to be bold already passed?
What are the key policy challenges the UK must confront?

As we publish the Policy Landscape 2025 report with @ukandeu.bsky.social, @ruthcurtice.bsky.social and @anandmenon.bsky.social reflect on the challenges facing the government one year in.

Read it here:
buff.ly/Q7LSOmx
September 2, 2025 at 10:52 AM
Re the mini shuffle my thoughts are with the Treasury officials who have to get used to having two ministers called chief secretary in government. Who will "the chief" refer to? www.bbc.co.uk/news/live/cv...
Keir Starmer shakes up No 10 team with new senior minister and key advisers - latest
Darren Jones, previously chief secretary to the Treasury, will be responsible for helping to deliver the prime minister's priorities.
www.bbc.co.uk
September 1, 2025 at 9:56 AM
Excited to do this collaboration with @anandmenon.bsky.social next week - come along!
August 27, 2025 at 9:18 AM
Reposted by Ruth Curtice
📣 NEW EVENT 📣

Join us and @resfoundation.bsky.social as we launch the latest edition of our Policy Landscape report with expert analysis of the biggest public policy challenges facing the UK

📅 Tues 2 Sept, 9:30am
📍In-person (London) & online

Sign up 👇

www.resolutionfoundation.org/events/hot-t...
Hot topics, hard choices • Resolution Foundation
After a not-so-quiet summer, MPs are returning from recess to a torrent of public policy challenges. Immigration remains the public’s top concern, with the economy and the NHS not far behind. Defence ...
www.resolutionfoundation.org
August 21, 2025 at 8:41 AM