As economic forecasts are downgraded, should the chancellor breach his fiscal rules in the Autumn Statement?

Authors

Carl Emmerson
Carl Emmerson

Deputy Director

Carl, a Deputy Director, is an editor of the IFS Green Budget, is expert on the UK pension system and sits on the Social Security Advisory Committee.

Person graphic

Gemma Tetlow

Comment details

Publisher
IFS

Suggested citation

Emmerson, C and Tetlow, G. (2012). Time to bite the bullet on fiscal targets? [Comment] IFS. Available at: https://ifs.org.uk/articles/time-bite-bullet-fiscal-targets (accessed: 25 April 2024).

More from IFS

Understand this issue

Policy analysis

Treasury building

Outlook for the public finances

report
In the current environment of high inflation and rising interest rates, tax cuts at the upcoming Budget would be extremely difficult to justify.

17 October 2023

Academic research

Book graphic

Rewriting the fiscal rules

book chapter
The Chancellor was right to suspend the current set of fiscal targets during the pandemic, and he is also right to take time to consider what a good set of post-pandemic targets will be.

12 October 2021