<p>Internal Treasury projections leaked to the Conservatives imply that the rise in Whitehall spending on public services as a share of national income that we have seen under Labour to date may need to be completely reversed to fill the hole in the public finances - unless we see further tax increases or cuts in welfare payments - according to a new analysis by IFS researchers.</p><p>What would you do? Our <b><a href=" http://www.ifs.org.uk/ff/diysr.xls">DIY Spending Review</a></b> tool allows you to set your own plans for total spending and decide how you would slice the cake.</p>
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.
Robert Chote
Gemma Tetlow
Rowena Crawford
Press Release details
- Publisher
- IFS
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