The worst of the cost of living crisis appears to be behind us, with inflation more than halving since its peak. But 2024 may not be plain sailing economically, and it certainly won’t be politically with an election in store. While wages are at last growing faster than prices, economic growth has flatlined while taxes, and housing costs, are rising. Meanwhile, the outlook for the public finances is unstable, as politicians try to tempt voters with tax and spending commitments in the run up to the election. With the economy set to be the key election battleground for the first time since 2015, how households feel about their financial prospects, and that of the country as a whole, will matter hugely.

How is the cost-of-living crisis likely to evolve in 2024? What economic challenges and opportunities – for households, businesses and the country – can we expect in the year ahead? What role will the economy play in the coming general election – and what aspects of it will different parties want to focus on?

The Resolution Foundation is hosting an in-person and online event to debate and answer these questions. We will hear from a leading panel of experts on what will shape British politics and economics in the year ahead, before an interactive audience Q&A.

Read the report: https://www.resolutionfoundation.org/publications/from-merry-christmas-to-a-messy-new-year/

View the event slides: https://www.resolutionfoundation.org/events/turning-a-corner/