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Our goal at the Institute for Fiscal Studies is to promote effective economic and social policies by better understanding how policies affect individuals, families, businesses and the government's finances.

Received wisdom says household income has stagnated since 2008. Actually the problem goes further back says Senior Research Economist Jonathan Cribb in Prospect Magazine.
We estimate that the government's public sector pay announcements will cost around £800 million per year extra compared to the 1% increases previously planned for – with the largest cost to the Department for Education and the NHS.
What's in two weighty fiscal reports from last week - and why should we celebrate their publication? IFS Director Paul Johnson comments for the Times.
Over last 25 years the Treasury has been responsible for controlling government spending, setting fiscal rules and ensuring that departments stay within spending limits. In this report, we use data on spending plans and out-turns to assess the efficacy of spending control under different regimes.


Upcoming event
Date 03 - 04 September 2018 | 09:00 - 18:00
Location Banco de España
Availablity Places available
The second Annual Research Conference of Banco de España will be held in their Madrid headquarters, and is being jointly organised with IFS.
Upcoming event
Date 14 - 15 September 2018 | 09:00 - 17:00
Location Downing College, Cambridge
Availablity Places available
Every two years, IFS holds a residential conference, aiming to facilitate high-level knowledge exchange between practitioners, policymakers and academics on key areas of policy and practice. This year's conference will look at tax and industrial strategy.
Upcoming event
Date 20 September 2018 | 15:00 - 17:30
Location One Birdcage Walk
Availablity Join waiting list
This event will bring together an international field of experts and senior policy-makers to discuss the big challenges with respect to in-work poverty, and what we know – and need to know – about policy effectiveness.

Publications and research

Between 2009-10 and 2017-18, total school spending per pupil in England fell by about 8% in real terms, which compares with about 5% in Wales.
In an article in the Times, IFS Director Paul Johnson discusses the problems with business rates and the arguments for reforming rather than abolishing them.
To mark the BBC’s coverage of the NHS’s 70th birthday in July 2018, researchers from the Institute for Fiscal Studies, Health Foundation, The King’s Fund and the Nuffield Trust have come together for the first time, using combined expertise to shed light on some of the big questions on the NHS.
This new IFS report, funded by the Joseph Rowntree Foundation, examines recent trends in the distribution of household incomes in the UK. This includes looking at changes not only in average living standards but also in household income inequality and measures of income poverty and deprivation.
There is a current debate about whether the definition of self-employment should be aligned across tax and employment law. At present there is a rather complex situation – illustrated by a recent court case involving Pimlico Plumbers – in which an individual can be deemed a worker in employment law but self-employed in tax law.
Yesterday, the Prime Minister announced a ‘70th birthday present’ for the NHS, pledging average real annual increases of 3.4% per year for the next five years. One challenge for the Government is where the money to pay for this will come from.

News and announcements