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Inequality-The-IFS-Deaton-Review

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.
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This year, for the first time and co-funded by the Scottish Policy Foundation, we are publishing a range of Scottish Election Briefing Notes on tax, benefits and public spending, and the parties' plans for the coming parliamentary term. Read the latest here.
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The government has sought to make reforming adult education and skills policy a key priority, with the recent White Paper seeking to communicate the government’s strategy. However, many key details are missing or left to further consultation.
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Scottish Labour set out a vision for big expansion of the welfare state - with no sense of how much this would eventually cost or how it would be paid for
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The funding and financial powers of the devolved governments of Scotland, Wales and Northern Ireland are governed by ‘fiscal frameworks’ that link changes in funding to changes in spending in England, and put strict limits and controls on borrowing. These features led to concerns at the outset of the COVID-19 crisis that the devolved governments could find themselves with insufficient UK government funding if hit particularly hard by the pandemic, and unable to raise more themselves.

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Covid 19 and the economy

Events

Today's event
Date 22 April 2021 | 09:30 - 11:00
Location Online only
Availablity Places available
After decades of cuts to the corporation tax rate, a large reversal is now planned. Is this the right move? What effects will it have? Will it hurt investment or make us uncompetitive? Will it hit some sectors harder than others?
Upcoming event
Date 26 April 2021 | 10:00 - 11:15
Location Online only
Availablity Places available
This year, for the first time and co-funded by the Scottish Policy Foundation, the Institute for Fiscal Studies is publishing a range of Scottish Election Briefing Notes on tax, benefits and public spending, and the parties plans for the coming parliamentary term. Join us for our live webinar, in partnership with the University of Glasgow, where we will present the main findings of our analysis ahead of the election.
Upcoming event
Date 29 April 2021 | 09:00 - 10:00
Location Online only
Availablity Places available
Rising levels of wealth held by older generations, alongside slow growth in the earnings of younger generations, means that inheritance looks set to be an increasingly important source of income for today's working-age generations.

Older articles

The Scottish Conservatives offer extra spending on the NHS and a range of targeted measures – but an ambition to cut income tax looks unlikely to be realised without cuts to at least some services.
The SNP’s manifesto offers big gains to a number of targeted groups in Scotland - but would involve difficult trade-offs in a tight budgetary environment.
Are there any common themes in how the current Scottish Government has used these powers? Who are the winners and losers from the reforms it has undertaken? What opportunities has it taken and what difficult decisions has it ducked? And what are some of the key issues for the coming years?
How is Scotland's higher spending allocated across different services? How have these allocations changed over time? And how do a range of headline indicators of public service outcomes vary between Scotland and England?
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In this briefing note, we review the recent cut in UK aid spending, effective management of the aid budget, and the broader public finances.