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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

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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Publications

Spring Forward or Fall Back? The questions facing the UK economy ahead of the Spring Statement 2019

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Our look ahead to the 2019 Spring Statement, focusing on what sort of public finance outlook the Chancellor might be handed and on what is happening in the economy more…
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Comment

Hitting the books: student loans and the public finances

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With everything that’s going on in British politics right now, it’s easy to forget that the government was celebrating some seriously good news just seven weeks ago. You might remember…
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Comment

Pessimism, Politics and Economics: the real Budget story

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Debates following this week’s Budget have been dominated by political arguments about whether the Chancellor’s spending splurge means that austerity had been ended or lives on (our view: austerity was…
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