Andrew Hood

Andrew Hood

Research Economist

Education:

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

MSc Economics (Distinction), University College London, 2015 

Andrew joined the IFS in 2012 and works in the Direct Tax and Welfare sector. His current work includes analysis of the effect of taxes and benefits on the income distribution, and investigating the role of inheritances in explaining inequalities in consumption and wealth. 

 

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Universal credit cuts support for working families, but helps make work pay where current system creates worst problems

| Press Release

During this parliament the government plans to replace most of the means-tested benefits system for working-age families with a single payment called universal credit (UC). A series of pre-emptive cuts mean that introducing UC will in the long run reduce the generosity of the benefit system – including to working families, in a reversal of the original intention. But it will still do a lot to help make work pay for many of those who currently face the most severe disincentives. These are among the findings of new analysis by IFS researchers which forms part of the forthcoming IFS Green Budget 2016, produced in association with ICAEW and funded by the Nuffield Foundation.

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