Budgets & fiscal events· Public spending· Economy and public finances Waiting for spring Assessing the Chancellor’s Spring Statement Thursday 24 March 2022 Britain entered 2022 with a recovery resilient to Omicron and tax revenues coming in billions higher than expected. But good news on the public finances has been matched by troubling news for family finances as inflation soared and living standards have been squeezed. The conflict in Ukraine has further clouded the UK’s economic outlook, as … Continued READ MORE
Budgets & fiscal events· Living standards· Economy and public finances Budgeting for Britain What the Budget and Spending Review tell us about the Government’s economic strategy Thursday 28 October 2021 Rishi Sunak has had to make a flurry of major fiscal announcements during his 18-months as Chancellor amidst the Covid-19 crisis. At last, with the worse of the crisis behind us, he will hope to be able to set-out an economic plan for post-pandemic Britain in his Budget and Spending Review next Wednesday. However, with … Continued READ MORE
Coronavirus· Budgets & fiscal events· Economy and public finances On the recovery road Assessing the Budget and economic outlook Thursday 4 March 2021 Chancellor Sunak’s first year in office has been marked by a huge economic crisis, and unprecedented policy interventions to support workers and firms through the pandemic. With vaccines being swiftly rolled out, the year ahead should see the economy return to growth. But with rising unemployment and firms reluctant to invest, the road to recovery … Continued READ MORE
Coronavirus· Budgets & fiscal events· Economy and public finances Budgeting for Britain’s economic recovery Thursday 25 February 2021 The economic outlook for 2021 is highly uncertain. Having started with a renewed lockdown and likely shrinking economy, a stronger than expected vaccine roll-out offers hope for a recovery in the months ahead. The upcoming Budget on 3 March will be critical in terms of shaping the strength and nature of that recovery from this … Continued READ MORE
Coronavirus· Budgets & fiscal events· Economy and public finances Cash for Covid Assessing the Spending Review and economic outlook Thursday 26 November 2020 With economic uncertainty running high, the Chancellor has cancelled his Budget and scaled down his upcoming Spending Review. But he still faces big decisions about how much of this year’s exceptional spending will continue into next year to support the economy and tackle the virus. Add in fresh forecasts from the Office for Budget Responsibility … Continued READ MORE
Coronavirus· Living standards· Budgets & fiscal events· Economy and public finances The real deal A recovery plan for Britain’s economy Tuesday 7 July 2020 Following a quickfire presentation of a major new RF report on how to support the recovery, we will be hearing the views of Shadow Business Secretary Ed Miliband and former Conservative Cabinet Minister Amber Rudd on the critical question of the recovery. READ MORE
Budgets & fiscal events Blowing the Budget? The Resolution Foundation's pre-Budget report Monday 24 February 2020 The first Budget of a new parliament is always important as it frames the government’s economic agenda for the rest of the term. And the upcoming Budget is set to be big not just in political strategy terms, but in hard cash too – with £100bn of new capital spending expected to support the government’s … Continued READ MORE