Rising inflation, a cost of living crisis, striking public sector workers, the NHS facing another winter crisis… costs on the public purse are spiralling and government borrowing is being pushed still higher.
So is it true to say there is no more money left?
This week the Expert Factor team take a deep dive into the state of Britain’s public finances. What would it mean if we stick to current tax and spend policies? What choices are facing this country’s politicians and its public services? What does the country expect its governments to deliver – and how does it expect it to be paid for? And what did we learn from the Labour and Conservative conferences about the two parties’ plans for the economy?
Paul has been the Director of the IFS since 2011. He is also currently visiting professor in the Department of Economics at University College London.
Director Institute for Government
- Institute for Fiscal Studies
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