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Fiscal Policy


The government’s tax and spending decisions affect the direction of our economy, in good times and bad, and have a huge impact on households. Our work focuses on the impact of fiscal policy on economic growth and debt, and on households across the income distribution.

Contacts

James Smith

James Smith

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

Daniel Tomlinson

Research and Policy Analyst
T: 0203 372 2966
E: daniel.tomlinson@resolutionfoundation.org
Events

What next?

The impact of Trussonomics, tax cuts and market turmoil

Register to attend in person or receive access link for remote viewers. The last few days have seen a radical reshaping of the Government’s economic policy and a radical reaction…
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Publications

Crunch time

Bank of England raises rates again and signals cost of living crisis is set to deliver a £1,200 hit to incomes

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Today the Bank of England’s Monetary Policy Committee raised rates at a fourth successive meeting – a first in the 25 years since it was granted independence – to 1…
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Events

Returning to centre stage

Fiscal policy in the recovery

Fiscal policy has returned centre stage during the Covid-19 pandemic. But as countries begin to recovery from the crisis, they are taking different approaches to the scale of fiscal expansion…
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Comment

Fiscal multi-tasking

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Multi-tasking can be hard. Ask any parent that survived lockdown by combining work with something resembling home schooling. But it’s also a fact of life, so the trick is to…
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Publications

Unhealthy finances

How to support the economy today and repair the public finances tomorrow

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This report provides analysis of the dual challenges faced by the government: ensuring that there is sufficient fiscal support through the crisis and recovery, and setting fiscal policy on a…
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Events

Paying for Covid

Repairing the public finances without derailing the economy

COVID-19 has already been extremely expensive, with borrowing forecast to exceed £400 billion this year and a substantial deficit set to continue well after the crisis has passed. But that…
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Events

Coronanomics: Challenges facing fiscal policy makers

With a decade of low interest rates, low growth and low inflation leaving central banks in advanced economies unable to perform their traditional role of supporting the economy during a…
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Publications

Act now, or pay later

The OBR’s Fiscal Sustainability Report makes clear the implications of a crisis-driven rise in unemployment for the public finances

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The OBR’s latest Fiscal Sustainability Report confirms its view that the current crisis could lead to the largest economic contraction in 300 years precipitating a return of unemployment levels not…
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