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Economy and public finances


Our work explores the choices being taken by the government with regard to public finances and how these choices may affect different parts of the population, particularly those on low incomes.


Featured

Rounding up

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Putting the 2019 Spending Round into context

In his September 2019 Spending Round the Chancellor rightly declared he was “turning the page” on austerity and “writing a new chapter in our public services”. But he has also ripped up his own fiscal rulebook, almost certainly breaking the fiscal ‘mandate’ in the near-term and casting significant doubt over his ability to keep debt falling as a share of GDP over the coming years.

Contacts

James Smith

James Smith

Research Director
T: 0203 372 2956
E: james.smith@resolutionfoundation.org
Publications

The beginning of the end… …but not the end of the beginning

Governor Carney’s valedictory speech discusses the future of the UK’s monetary policy remit – but this is just the start of an important debate

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The beginning of the end… After several false starts, the appointment of his successor (Andrew Bailey) means Mark Carney finally has a leaving date (15 March). He can now concentrate…
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Events

The Economic Outlook for 2020 and beyond

Speech by MPC member Jonathan Haskel

Friday 20 December, 11am-12pm, Resolution Foundation offices, Westminster The UK is about enter a new year, and a new decade, amid widespread economic uncertainty at home and abroad. Understanding the…
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Comment

Political leaders must set out credible plans to tackle the next downturn

The time for action on macroeconomic policy is now

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Okay, fair enough, there’s a lot going on right now. With a fraught election campaign in full flow, and our future relationship with the EU still up in the air,…
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Publications

Playing by their own rules?

We analyse whether the policy platforms announced by the main parties are consistent with their own fiscal rules

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Fiscal rules are crucial for the government’s stewardship of the public finances and framing its economic priorities. So it is welcome that the main parties have prioritised setting out the…
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Publications

Oven-ready, safety-first

Assessing the Conservatives' 2019 manifesto

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Summary Brexit is happening, but big tax cuts aren’t. That’s the short version of the already fairly short Conservative Manifesto. This manifesto does not tell us much about what the…
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Events

Beveridge mark II?

The future of social security

From a new ‘triple-locked’ state pension to big welfare cuts for young families and the roll-out of the Universal Credit, no area of the state has undergone such a radical…
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Publications

The shifting shape of UK tax

Charting the changing size and shape of the UK tax system

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Ahead of the general election, this report looks at how and why levels of UK taxation have changed over time; how its make-up has shifted; the challenges facing the tax…
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Publications

Rewriting the rules

Assessing Conservative and Labour’s new fiscal frameworks

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Fiscal rules are technical frameworks only ever focused on by a tiny fraction of the population. But they are important for government’s running of our public finances, and for having…
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