Events Second album syndrome? What Autumn Budget 2025 means for the public, financial markets and the cost of living UpcomingThursday 27 November 2025 The Chancellor has prepared the pitch for a tough second Budget, with tax rises expected as part of a fiscal strategy designed to reassure markets that the UK’s public finances… Continue Reading
Publications Black holes and consolidations Previewing the key decisions for Budget 2025 4 November 2025 by Camron Aref-Adib and Elliott Christensen and Alex Clegg and Adam Corlett and Ruth Curtice and Jonathan Marshall and Louise Murphy and James Smith This make-or-break Budget is set to include significant spending cuts and tax rises spurred by a significant deterioration in the public finances. So, in this briefing note we discuss how… Continue Reading
Comment Three things you need to know to communicate the public finances 29 October 2025 by Ruth Curtice Originally published by the OECD here: Three things you need to know to communicate the public finances Britain’s annual Budget isn’t until 26th November but has already been dominating headlines… Continue Reading
Events Back for more? The Chancellor’s tax and spend options in her upcoming Budget Tuesday 4 November 2025 After delivering her first Budget last autumn, which included the biggest tax rises in decades to fund a major boost to public services, Rachel Reeves said that she would not… Continue Reading
Publications Call of duties Revenue and reform for Autumn Budget 2025 23 September 2025 by Adam Corlett Ahead of the Budget, this report considers the options for the Government to respond decisively to a deterioration in the public finances while also making the tax system fairer and… Continue Reading
Events Third time lucky Has the Spending review delivered for middle Britain? Thursday 12 June 2025 The Government’s fiscal events have had a shaky start so far. The Autumn Budget unveiled £41 billion of tax rises by 2029-30, while the Spring Statement was dominated by controversial… Continue Reading
Publications Capital gains Public investment priorities for the 2025 Spending Review 29 April 2025 by Zachary Leather and Felicia Odamtten and Cara Pacitti and James Smith This report assesses the UK’s public investment challenges ahead of the 2025 Spending Review, highlighting legacy weaknesses in social infrastructure spending and setting out how targeted investment can boost growth… Continue Reading
Events How to spend £100 billion wisely Which areas of public investment should be prioritised at the Spending Review? Tuesday 29 April 2025 The UK’s record on public investment is poor by international standards – spending less than the OECD average for much of the past two decades. To her credit, the Chancellor… Continue Reading
