Andrew Hood
Andrew Hood
Research Economist
Education:

BA Philosophy, Politics and Economics (1st), Oxford, 2012

Andrew joined the IFS in 2012 and works in the Direct Tax and Welfare Sector. His current work includes simulating future levels of poverty and average incomes in the UK and the IFS's ongoing work on living standards and inequality

 

Will the welfare cap fit?

| Observations

The Office for Budget Responsibility's new Welfare Trends Report is a welcome development. It describes some of the key risks around their forecasts for benefit spending and, therefore, the factors that could lead to the Chancellor’s welfare cap being breached. Neither the welfare trends report nor the welfare cap are sufficient to improve policy making. If further welfare cuts are deemed to be appropriate then those cuts should be well argued and well designed, rather than simply those that are the quickest or politically easiest to achieve.

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