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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.

Contacts

James Smith

James Smith

Chief Economist
T: 0203 372 2956
E: info@resolutionfoundation.org

Simon Pittaway

Senior Economist
E: info@resolutionfoundation.org
Publications

The great escape

Why Britain is stuck in a fiscal funk and how we can break free

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This report is the first in a series on the size and shape of the state, and how the public finances can be better managed in an era of low…
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Events

Breaking free of fiscal chains

How to get the public finances back on a sustainable path

In recent decades, fiscal policy in the UK has delivered the worst of all worlds. Spending on key public services has fallen, taxes are at a record high, and yet…
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Comment

Defence versus welfare – the trade-off is being misrepresented

Why it's important we have a clear picture of how we spent the peace dividend while it was around.

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This was first published on our Substack. Defence versus welfare – the trade-off is being misrepresented The debate around where to get the money for higher defence spending from has…
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Publications

See it. Say it. Sort it.

How to reset Britain’s economic policy

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This briefing note sets out how the Government should reset its economic strategy against a bleak backdrop of weak growth, falling living standards, and high borrowing costs. It provides clear…
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Comment

Three myths about UK borrowing and growth

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Three myths shape debates about government borrowing and growth. First, that the cause of our growth woes is an overbearing, miserly finance ministry. Borrowing too little has just not ranked…
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Publications

The Macroeconomic Policy Outlook Q2 2026

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Since the US-Israeli strikes on Iran began nearly two months ago, global energy markets have been volatile. But the shock facing Britain has so far been smaller than that which…
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Events

The economic fallout from war in the Middle East Part II

The outlook for the economy and public finances

This second event will focus on the wider outlook for the economic and public finances. How much might the war reduce the UK’s growth prospects? What fresh policy support might…
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Publications

Understatement of the year

Putting the 2026 Spring Forecast in context

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The Spring Forecast was billed as a non‑event, but the underlying story is stark: weak growth, rising risks, and only a fleeting improvement in living standards. Our analysis shows why…
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