At the Budget there may be temptation to reach for more efficiency savings, but the priority should be the ambitious plans ...

Everyone who would have paid inheritance tax under the current system would benefit from the tax cut. The biggest ...

At his first Budget, the Chancellor faces an uncertain outlook for the economy, and added pressures on public spending from higher inflation.

UK government borrowing costs are high, but recent rises reflect global factors and the attention of the bond markets is ...

HM Treasury is covering losses as the Bank of England unwinds QE. Recent economic and policy changes affect the scale of losses in the near term.

Growth in every postcode. For all of these, the devil will be in the detail. Turning a vision into actionable policy. That’s ...

Why is electricity so expensive? We explore the role of renewables, the costs of decarbonisation and the future of Britain's ...

We study how poorly-behaved children affect learning and other outcomes of their peers using data froma unique experiment in Ecuador.

This paper examines how the quality of government spending changes at the end of the fiscal year, using administrative data from financing programmes for small and medium-sized enterprises in South ...

This paper examines tax non-compliance among individuals in Germany who were legally required to file a tax return but failed to do so.

War in the Middle East means that inflation in coming years will be higher than was expected in the spring. That has contributed to rising bond yields, which in turn increase government borrowing.