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Budgets and fiscal events


The UK’s major fiscal events – Budgets, Spring Statements and Spending Reviews – provide the Chancellor with an opportunity to shape Britain’s political economy through major policy announcements. Our work focuses on the policies under consideration in the run-up to fiscal events, and what policy decisions and the latest economic outlook (published by the Office for Budget Responsibility) mean for the state of Britain, and household living standards.

Contacts

James Smith

James Smith

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

Adam Corlett

Senior Economic Analyst
T: 020 3372 2983
E: adam.corlett@resolutionfoundation.org
Publications

The trillion-pound question

Spring Budget 2020 and the tension between higher spending, low taxes and fiscal credibility

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This report focuses on the big choice that the Chancellor will have to make this year, across two Budgets and the Spending Review, over the balance between day-to-day (current) spending,…
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Publications

The Macroeconomic Policy Outlook Q1 2020

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This is the first of a new series of Macro Policy Outlooks (MPOs) from the Resolution Foundation’s Macroeconomic Policy Unit, providing a policy-focused take on the economy. In this edition…
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Events

Blowing the Budget?

The Resolution Foundation's pre-Budget report

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…
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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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Publications

Breaking the rules

Analysing the credibility of the Chancellor’s commitment to keep to his fiscal rules

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The Chancellor is shortly to deliver the first spending round (SR) of the post-austerity era. Although he is only setting departmental budgets for 2020-21, this event will mark a turning…
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Publications

Super, smashing, great: Spring Statement 2019 response

This paper sets out RF's overnight response to the 2019 Spring Statement, using HMT and OBR data and projections to consider what is going on in the public finances and…
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Comment

Is rising inequality helping to swell the coffers for Fortunate Phil?

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Fortunate Phil is not what the Chancellor generally gets called. But as he prepares for tomorrow’s Spring Statement, Philip Hammond – despite facing what looks like headline bad news –…
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