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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Sugar rush: Spring Statement response

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Public Finances and the Economy

With next year expected to mark the point at which both the current deficit is finally eliminated and the debt-to-GDP ratio starts to fall, the Chancellor’s ‘tiggerish’ stance yesterday is understandable. But the light at the end of the austerity tunnel remains all too faint for the moment. For households, the next few years are … Continued

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Freshly Squeezed: Autumn Budget 2017 response

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Public Finances and the Economy

Britain is on course for the longest period of falling living standards since records began in the 1950s, with the current crunch forecast to last longer than the post-crisis income squeeze. Our overnight post-Budget report Freshly Squeezed highlights the unprecedented scale of the economic downgrade handed down to the Chancellor by the OBR, and how … Continued

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A Budget for intergenerational fairness?

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Public Finances and the Economy, Intergenerational Commission

Beyond facing down expected economic downgrades and clarifying the direction on Brexit, resetting the agenda on intergenerational fairness has emerged as a top priority for the Chancellor in this month’s Budget. This focus reflects a growing body of evidence showing that generation-on-generation living standards progress is under threat for today’s young adults – as analysis … Continued

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