The Draft Welsh Budget, if passed in its current form, would increase risks to public services and the public finances.

The triple lock creates unpredictability in public spending and disproportionately benefits better-off pensioners. A better ...

Responding to today’s ONS figures on the public finances, Nick Ridpath, Research Economist at the Institute for Fiscal ...

The Chancellor's second Budget will be a tricky one. The fiscal outlook has deteriorated, raising the prospect of spending ...

We explore the UK’s public finances and why further fiscal consolidation may be needed to meet the government’s borrowing and ...

In a model calibrated to the US, intra-household consumption inequality explains nearly one-fifth of overall inequality.

<p>Recent UK economic history has been characterised by high levels of unemployment, coupled with a high nominal Public Sector Borrowing Requirement (PSBR). It is no surprise that the two should ...

How the UK’s income tax system is poorly designed - and how reforms could make it fairer, simpler, and more efficient.