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In these frequent observations, we look at aspects of topical issues related to our research programme. To sign up to receive email alerts when new observations are posted, please email Bonnie Brimstone.

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Year: 108 publications
18 September 2009

The Treasury's plans for public spending would require spending by central government on public services to be cut in real terms by 8.6% in 2013-14 compared to 2010-11. Is this too much or too little, and how should the pain be shared? A new tool, DIY Spending Review, that can be downloaded as an Excel spreadsheet enables you to carry your own "Spending Review 2010".

16 September 2009

The Centre for Social Justice published a report, in association with Oliver Wyman, on how to reform the benefits and tax credits system, with the aim of reducing the number of families where no one is in work. Will the proposals work, and at what cost?

09 September 2009
Robert Chote

There is a lot we do not yet know about how Labour and the Conservatives would go about repairing Britain's battered public finances over the next few years. But yesterday's speeches by David Cameron and Alistair Darling at least highlight a sharp difference of opinion over what should be done next year. Yet the picture is quite not as straightforward as either makes out.

01 September 2009

The need, in the medium-term, to reduce public borrowing makes it natural to try to identify the areas of public spending that could be cut with the least pain. Might the Child Trust Fund be a potential candidate?

12 August 2009
Alastair Muriel and Luke Sibieta

How fast is unemployment rising? Recently, the number of people claiming unemployment benefits has been rising at a slower rate than the numbers unemployed on a broader measure. The Government has announced an investigation into this apparent discrepancy. But is there really any discrepancy at all?

26 June 2009

In Prime Minister's Questions this week Gordon Brown and David Cameron clashed over the Government's plans for spending on investment in public services. So how do the plans for investment spending going forwards compare to Labour's record to date and to that of previous Conservative Governments?

20 May 2009
Robert Chote

The International Monetary Fund has released the conclusions of its annual "Article IV" health-check for the UK economy. It endorses the Government's short-term fiscal giveaway to help ameliorate the recession (which the Conservatives say was a mistake), but says that it should be more ambitious in its plans to repair the public finances once the economic recovery is underway.

30 April 2009
Robert Chote

If the picture painted by the Treasury in this year’s Budget is correct, we are currently suffering a “bust” without having enjoyed a “boom”. But there is an alternative view of recent history that casts a less favourable light on Gordon Brown's tenure as Chancellor of the Exchequer.

23 April 2009
Robert Chote

Alistair Darling admitted yesterday that the underlying health of the public finances is much weaker than he thought in last year's Pre-Budget Report, and that it will take two full parliaments of intensifying austerity to get government borrowing back to acceptable levels.

23 March 2009

Some of today's papers suggest that the Conservatives have softened their inheritance tax policy while others have suggested that their promise to cut this tax remains. But is this pledge affordable given the state of the public finances?

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