Healthy finances? Options for funding an NHS spending increase

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Public Finances and the Economy

The National Health Service will turn 70 on 5 July 2018, but public concern about its condition is at its highest since the early 2000s. This mirrors notable declines in many performance measures over recent years, which have taken place against a backdrop of historically low rises in NHS spending. And looking ahead, funding pressures … Continued

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The new wealth of our nation: the case for a citizen’s inheritance

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Incomes and Inequality, Intergenerational Commission

The Intergenerational Commission has identified two major trends affecting young adults today, beside the weak performance of their incomes and earnings, which barely featured in political debate for much of the 20th century. The first is that risk is being transferred from firms and government to families and individuals, in their jobs, their pensions and … Continued

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The Living Standards Outlook 2018

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Incomes and Inequality

In this report, our first dedicated Living Standards Outlook, we explore the prospects for household incomes and inequalities over the next five years. Our annual Living Standards Audit, due to be published in the summer, will focus on historical trends in living standards. This report projects forwards the real spending power of typical households and the distribution … Continued

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A welfare generation: lifetime welfare transfers between generations

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Housing, Wealth and Debt, Intergenerational Commission

This research paper looks at what people put in and take out from the welfare state over their lifetime, updating John Hills’ seminal research on life-cycle welfare transfers between generations. It estimates the extent to which past and future cohorts contribute to the welfare state via taxation and withdraw from its core pillars – education, … Continued

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