Budgets & fiscal events· Public spending· Economy and public finances Resolution Foundation analysis of the 2013 Budget 8 April 2013 Vidhya Alakeson Alex Hurrell Matthew Whittaker The Chancellor’s fourth Budget was a relatively quiet affair. While pre-announced changes mean that millions of households will face further reductions in benefit and tax credit receipts from April, the latest financial statement said nothing new about welfare cuts (though it confirmed that departmental spending is set to be tightened still further).
