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
Publications The headroom bind Spring Statement 2025 preview 17 March 2025 by James Smith and Adam Corlett and Emily Fry and Louise Murphy and Cara Pacitti and Simon Pittaway and Greg Thwaites and Lalitha Try In this slide pack we preview the upcoming Spring Statement, assessing the economic and fiscal outlook ahead of this key economic-policy event. We focus on the news since the Autumn… Continue Reading
Comment How should the Chancellor escape her headroom bind? 14 March 2025 by Ruth Curtice and Imogen Stone and Tom Clark It is only four months since Rachel Reeves ‘shocked’ Britain by doing what every Chancellor does after an election – jacking up taxes. We have now been told the Government… Continue Reading
Events Spring cleaning the public finances Assessing the Chancellor’s Spring Statement and the UK economic outlook Thursday 27 March 2025 The Chancellor set out her first ever Budget less than five months ago, but the UK’s economic outlook has changed considerably since then. Bad news on growth, inflation and borrowing… Continue Reading
Events The headroom bind What does the Chancellor need to do to hit her fiscal rules? Monday 17 March 2025 In her Budget last Autumn, the Chancellor announced the biggest tax rises on record to boost public spending and investment by over £300 billion across the Parliament. She also announced… Continue Reading
Events The jitters-bug How worrying data and market unrest could affect Britain’s economic outlook Thursday 30 January 2025 Government debt markets across the world are having a jittery start to 2025, and the UK is one of the most affected economies with gilt yields volatile amid concerns about… Continue Reading
