Freshly Squeezed: Autumn Budget 2017 response

Published on

Public Finances and the Economy

Britain is on course for the longest period of falling living standards since records began in the 1950s, with the current crunch forecast to last longer than the post-crisis income squeeze. Our overnight post-Budget report Freshly Squeezed highlights the unprecedented scale of the economic downgrade handed down to the Chancellor by the OBR, and how … Continued

READ MORE

A Budget for intergenerational fairness?

Published on by

Public Finances and the Economy, Intergenerational Commission

Beyond facing down expected economic downgrades and clarifying the direction on Brexit, resetting the agenda on intergenerational fairness has emerged as a top priority for the Chancellor in this month’s Budget. This focus reflects a growing body of evidence showing that generation-on-generation living standards progress is under threat for today’s young adults – as analysis … Continued

READ MORE

Changing Lanes: The impact of different post-Brexit trading policies on the cost of living

Published on by

Public Finances and the Economy

The issue of trade has returned to the frontline of British policy making and politics for the first time in 40 years, but little has been said about what the impact of changes in the UK’s trade regime could be on living standards. This paper aims to fill that gap by looking at what impact … Continued

READ MORE

Ending austerity? The priorities, price tags and practicalities for a government changing course on spending cuts

Published on by

Public Finances and the Economy

Britain is seven years into a prolonged period of fiscal consolidation, in which constraints on public spending have been the central feature and are set to continue for some years to come. Following the general election  there has been a significant debate about the extent to which the result – and the failure of the … Continued

READ MORE

The deficit the election forgot? Pre-election briefing on the main parties’ fiscal positions

Published on by

Public Finances and the Economy

While the deficit remains in place, it is heading back to the sort of level relative to the size of the economy that past generations have been comfortable with. With the process of fiscal consolidation dominating so much of the political discourse in recent years it’s unlikely that many voters will be lamenting a dialling … Continued

READ MORE