General Election 2024· Tax· Welfare· Political parties and elections Growing for gold? Analysing the tax and spend package of the 2024 Labour Manifesto 14 June 2024 by Molly Broome and Nye Cominetti and Emily Fry and Tara Goatley and Charlie McCurdy and Simon Pittaway and Hannah Slaughter and James Smith and Lalitha Try …given that, since 2010, we’ve had Brexit, nine business secretaries, seven sets of fiscal rules, and almost annual changes to corporation tax. But the manifesto also includes a suite of… READ MORE
Monetary policy· Macroeconomic policy Macroeconomic Policy Outlook: Q4 2022 10 December 2022 by Emily Fry and Sophie Hale and James Smith …factors that could push against global deflationary pressures. First, implementing Brexit has had a clear impact on UK prices by making it more difficult to import from the EU; food… READ MORE
Economy 2030 More trade from a land down under The significance of trade agreements with Australia and New Zealand 20 December 2021 by Sophie Hale and James Smith Last week’s announcement of a trade agreement with Australia (along with a soon-to-be-finalised deal with New Zealand) is good news for the Government’s post-Brexit trade strategy. The deal with Australia… READ MORE
Economy 2030 Trading places Brexit and the path to longer-term improvements in living standards 14 October 2021 by Swati Dhingra and Josh De Lyon and Sophie Hale and James Smith This briefing note is the launch paper for the Brexit research theme of The Economy 2030 Inquiry, a joint project between the Resolution Foundation and the London School of Economics,… READ MORE
Economic growth· Macroeconomic policy Macroeconomic Policy Outlook Q4 2020 28 December 2020 by James Smith and Torsten Bell and Karl Handscomb and Jack Leslie and Cara Pacitti and Nye Cominetti …of waiting to see what the year ahead holds before making policy decisions. We focus on the pandemic and its aftermath given that the last-minute arrival of a Brexit deal… READ MORE
Budgets & fiscal events· Economy and public finances· Macroeconomic policy The Macroeconomic Policy Outlook Q1 2020 20 February 2020 by James Smith and Jack Leslie …While much attention has been heaped upon the link between Brexit uncertainty and weak investment, it is striking that households have become more cautious of late, with consumption accounting for… READ MORE
Fiscal policy· Economy and public finances· Macroeconomic policy Dealing with ‘no deal’ The economic policy response to a ‘no deal’ Brexit 19 September 2019 by Richard Hughes and Jack Leslie and Cara Pacitti and James Smith This report provides a framework for understanding what role macroeconomic policy can play in alleviating the economic impact of a ‘no deal’ Brexit. It provides an estimate of the impact… READ MORE
Living standards· Brexit & trade· Economy and public finances Counting the cost: UK living standards since the 2016 referendum 11 February 2019 by James Smith Household incomes are around £1,500 year lower today than they were expected to be before the Brexit referendum – with the UK having experienced the sharpest income growth slowdown of… READ MORE
Budgets & fiscal events· Public spending· Economy and public finances Pessimism, Politics and Economics: the real Budget story 2 November 2018 by James Smith …the risk of a disorderly Brexit, particularly if the scope for looser monetary policy is limited. Even if the risk of such a scenario is small (although a poll of… READ MORE
Budgets & fiscal events· Public spending· Economy and public finances The OBR on Brexit: known-unknowns and unknown-unknowns cast shadow over the Budget 11 October 2018 by James Smith As if Philip Hammond’s job over the next few weeks wasn’t tough enough already, the Office for Budget Responsibility (OBR) this morning has published its thinking on how Brexit will… READ MORE