Presentation given at the IFS post budget briefing, 21 March, 2013.

An PDF version of the presentation is available here.

PLEASE NOTE: A correction has been made to two numbers in slide 2 of this presentation. "£6740" (now struck through) should have read "£4910" and "1.4 m" (now struck through) should have read "1.1 m". Small errors have also been corrected in the 'all' series on the charts on slides 31, 32, 38 and 40.