Budgets & fiscal events· Public spending· Economy and public finances Breaking the rules Analysing the credibility of the Chancellor’s commitment to keep to his fiscal rules 31 August 2019 by Daniel Tomlinson and Torsten Bell …basis the UK may leave the EU is also highly questionable. The impact of different Brexit scenarios on the size of our economy should help policy makers decide how much… READ MORE
Public spending· Fiscal policy· Economy and public finances· Macroeconomic policy Another summer blockbuster (on fiscal risks) from the OBR 18 July 2019 by Richard Hughes …most timely and interesting ones are on the potential fiscal consequences of three grand challenges for the UK over the next decade: Brexit, climate change, and debt. Halloween 2019:… READ MORE
Budgets & fiscal events· Public spending· Inequality & poverty· Economy and public finances Is rising inequality helping to swell the coffers for Fortunate Phil? 12 March 2019 by Torsten Bell …But it’s really because everyone knows Brexit votes this week will overshadow the Spring Statement as deciding our country’s future trumps forecasting it. On the economics, at first glance ‘luck’… READ MORE
Budgets & fiscal events· Public spending· Economy and public finances Hitting the books: student loans and the public finances 16 December 2018 by Matthew Whittaker …a no deal Brexit, or to provide more funds for public services once it becomes clear that a deal has been struck – one part of an anticipated double “deal… 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
Public spending· Tax· Intergenerational Centre· Political parties and elections Britain is set to replace the era of austerity with a new era of tax rises 7 October 2018 by David Willetts …build a better Britain, repairing our contract between generations with everyone, young and old, making a contribution and having a stake in society. If the Brexit referendum has taught us… READ MORE
Budgets & fiscal events· Public spending· Economy and public finances Five charts to chill the Chancellor’s blood ahead of the Budget 28 September 2018 by Matthew Whittaker …in June, to the not-insignificant matter of managing our Brexit transition and contending with the UK’s highest debt-to-GDP ratio in four decades. But what about the underlying state of the… READ MORE
Public spending· Economy and public finances We’re all social democrats now 17 July 2018 by Torsten Bell …attention is currently elsewhere. After all the government is currently shedding ministers and no one can currently set out a way forward on Brexit that reconciles an actual proposal for… READ MORE
Living standards· Public spending· Economy and public finances Put your crocs away, but get your calculators out – we still need to talk about the deficit 11 May 2017 by Torsten Bell …deficit. Theresa May wants to talk about Brexit, and the ‘strong and stable leadership’ it requires, while doing everything possible to show that she is very different to the deficit… READ MORE
Budgets & fiscal events· Living standards· Public spending· Economy and public finances The Autumn Statement debate has focused on the public finances – but the impact on family Budgets is just as stark 24 November 2016 by Torsten Bell …decision to leave the EU unveiled. In short the Office for Budget Responsibility thinks the Brexit vote is expensive – coming with a price tag of an extra £59bn of… READ MORE
Budgets & fiscal events· Public spending· Economy and public finances Resolution Foundation reaction to Autumn Statement 2016 23 November 2016 by Matthew Whittaker £59bn impact of Brexit and Chancellor’s decision to increase investment spending drive £122bn extra borrowing Philip Hammond chooses not to support just about managing families who face a double whammy… READ MORE