Rising rents and rebounding wages: Where is Britain’s cost-of-living crisis heading?

Resolution Foundation Events Podcast

Inflation is down, but Britain’s cost-of-living crisis is still very much with us. The legacy of previous price rises for energy and food are now combining with a new pressure: housing. Private rents are rising at their fastest rate in over a decade, while the impact of higher interest rates is still feeding through into mortgages. But there is a glimmer of hope in pay packets, which are growing again in real terms after another painful squeeze.

How are the twin trends of rising housing costs and rebounding pay being felt? How much variation do these averages hide – and is it the same people seeing their rents surge and pay rise? Are renters or those with a mortgage being harder hit? And what does this all mean for the next stage of the cost-of-living crisis?

The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from our latest cost-of-living survey, we will hear from leading experts on how Britain’s latest living standards crunch is evolving.

Read the report: https://www.resolutionfoundation.org/publications/pressure-on-pay-prices-and-properties/

View the event slides: https://www.resolutionfoundation.org/events/rising-rents-and-rebounding-wages/