Chancellor Rishi Sunak responded to the OBR's latest economic and fiscal forecast on Wednesday 23 March. IFS researchers presented their initial analysis of the Chancellor's announcements on the public finances at a live-streamed press briefing the following day.
Downloads
Outlook for the public finances by Carl Emmerson
PDF | 53.33 KB
Incomes and personal tax and benefit measures by Robert Joyce
PDF | 223.29 KB
The Chancellor’s Spring Statement, on Wednesday 23 March, was not supposed to be a major fiscal event. But rapidly rising inflation and the onset of the conflict in Ukraine forced the Chancellor to produce more than just a new set of economic and fiscal forecasts.
IFS researchers presented their initial analysis of the Chancellor's announcements on the public finances, as well as any changes to spending on public services and the tax and benefit system, on the following day, Thursday 24 March, at a live-streamed press briefing.
Authors
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.
Deputy Director
Robert is a Deputy Director. His work focuses on primarily on the labour market, income and wealth inequality, and the design of the welfare system.
Senior Research Economist
Ben is a Senior Research Economist and an editor of the IFS Green Budget. His work focuses on the health and social care system and UK fiscal policy.
Presentation details
- Publisher
- IFS
Suggested citation
C, Emmerson and R, Joyce and B, Zaranko. (2022). 'Spring Statement 2022: IFS analysis' [Presentation]. London: IFS. Available at: https://ifs.org.uk/publications/spring-statement-2022-ifs-analysis (accessed: 11 May 2024).
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