Do tariffs work? podcast<p>We discuss the economic consequences of tariffs, why governments use them, and whether they actually achieve their intended goals.</p>23 January 2025
How can we make government more productive? podcast<div class="flex-shrink-0 flex flex-col relative items-end"><div><div class="pt-0"><div class="gizmo-bot-avatar flex h-8 w-8 items-center justify-center overflow-hidden rounded-full"><div class="relative p-1 rounded-sm flex items-center justify-center bg-token-main-surface-primary text-token-text-primary h-8 w-8"><svg class="icon-md" width="41" height="41" viewBox="0 0 41 41" fill="none" xmlns="http://www.w3.org/2000/svg" role="img"><text x="-9999" y="-9999"></text><path d="M37.5324 16.8707C37.9808 15.5241 38.1363 14.0974 37.9886 12.6859C37.8409 11.2744 37.3934 9.91076 36.676 8.68622C35.6126 6.83404 33.9882 5.3676 32.0373 4.4985C30.0864 3.62941 27.9098 3.40259 25.8215 3.85078C24.8796 2.7893 23.7219 1.94125 22.4257 1.36341C21.1295 0.785575 19.7249 0.491269 18.3058 0.500197C16.1708 0.495044 14.0893 1.16803 12.3614 2.42214C10.6335 3.67624 9.34853 5.44666 8.6917 7.47815C7.30085 7.76286 5.98686 8.3414 4.8377 9.17505C3.68854 10.0087 2.73073 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12.1667 35.5464 13.6095 35.3055 15.0128ZM14.2424 21.9419L10.8752 19.9981C10.8576 19.9893 10.8423 19.9763 10.8309 19.9602C10.8195 19.9441 10.8122 19.9254 10.8098 19.9058V10.6071C10.8107 9.18295 11.2173 7.78848 11.9819 6.58696C12.7466 5.38544 13.8377 4.42659 15.1275 3.82264C16.4173 3.21869 17.8524 2.99464 19.2649 3.1767C20.6775 3.35876 22.0089 3.93941 23.1034 4.85067C23.0427 4.88379 22.937 4.94215 22.8668 4.98473L14.9024 9.58517C14.7025 9.69878 14.5366 9.86356 14.4215 10.0626C14.3065 10.2616 14.2466 10.4877 14.2479 10.7175L14.2424 21.9419ZM16.071 17.9991L20.4018 15.4978L24.7325 17.9975V22.9985L20.4018 25.4983L16.071 22.9985V17.9991Z" fill="currentColor"></path></svg></div></div></div></div></div><div class="group/conversation-turn relative flex w-full min-w-0 flex-col agent-turn"><div class="flex-col gap-1 md:gap-3"><div class="flex max-w-full flex-col flex-grow"><div class="min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words [.text-message+&]:mt-5" data-message-author-role="assistant" data-message-id="1583144b-b0e6-447e-84af-e4d9e5215ef5" dir="auto" data-message-model-slug="gpt-4o"><div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]"><div class="markdown prose w-full break-words dark:prose-invert dark"><p>How can the public sector do more with less? We explore productivity trends, government reform and lessons from private sector innovation.</p></div></div></div></div></div></div>3 December 2024
Inheritance tax rises and the Budget: who's affected? podcast<p>We discuss how inheritance tax actually changed in the Budget, who will be affected and whether it was a good idea.</p>15 November 2024
Scottish Budget 2025-26: IFS analysis event 20 February 2025 <p>At this online event, IFS researchers will present their analysis of the Scottish Budget proposals and the wider Scottish tax and spending context.</p>
Did the Education Maintenance Allowance improve outcomes? event 26 February 2025 <p>At this online event IFS researchers will present findings on the effect of the rollout of the Education Maintenance Allowance in England.</p>
IFS residential conference 2025: How do we build a business tax system for the 21st century? conference 3 April 2025 <p>This conference, in association with <a href="https://www.deloitte.co.uk">Deloitte</a>, will discuss the UK business tax system in the context of the new Corporate Tax Roadmap.</p>
Jobs landing page<p>At IFS, we recruit and train top-quality economists and professional support staff. We aim to foster a respectful and inclusive working environment.</p>20 July 2022
Centre for the Microeconomic Analysis of Public Policy The Research Centre at the heart of IFS is the CPP.
IFS Green Budget 2022reportThe IFS Green Budget 2022 takes stock of the economic and fiscal outlook following Kwasi Kwarteng’s mini-Budget and analyses the challenges ahead.11 October 2022
UK outlook: why we need to do things differentlyreportThe UK is the talk of the town, and not in a good way.11 October 2022
Global economic outlook: heading for a fall?reportNew shocks are threatening to cut the global post-pandemic recovery short. 11 October 2022
Outlook for the public financesreportWe look at the path for the public finances and the Chancellor's options to achieve fiscal sustainability.11 October 2022
Public spending, pay and pensionsreportThe public sector pay settlements announced this July will pose severe budgetary challenges for many areas of government. 8 October 2022
Reforms, roll-outs and freezes in the tax and benefit systemreportWe show the impact of freezes and gradual roll-outs on personal taxes and benefits, as well as considering planned changes to the tax system.6 October 2022
Corporation tax and investmentreportWe look at the corporate tax system and proposals to change it.21 October 2022
Quantitative easing, monetary policy implementation, and the public financesreportRising interest rates, quantitative easing and current monetary policy techniques interact to put pressure on the public finances.14 October 2022
Reversing NICs and corporation tax rises would leave debt on an unsustainable pathreportIn the absence of official scrutiny from the OBR, we set out how much red ink might be added to the fiscal forecasts.21 September 2022
The outlook for the public finances under the Bank of England’s August 2022 forecastreportThis report sets out an illustrative scenario for how the current path of inflation and growth might affect government revenues and spending.18 August 2022
What is happening to public sector pay?explainerWith inflation rising, and a cost of living crisis hitting the UK, how much public sector workers get paid is hitting the headlines.31 October 2022
A response to the Chancellor’s ‘Mini-Budget’ reversalscommentFiscal credibility is hard won but easily lost. Today’s announcements won’t be enough, by themselves, to plug the gap in the government’s fiscal plans17 October 2022
Monetary policy techniques add to strains on the public finances: reforms could bring big benefits, but costs too press releaseSir Paul Tucker writes for the IFS Green Budget on how rising interest rates, quantitative easing and current monetary policy techniques interact.14 October 2022
The challenges facing the ChancellorpodcastWe explore the Chancellor's options for achieving fiscal sustainability.12 October 2022
With a weaker economy, getting government finances on a sustainable path without cancelling tax cuts could force Chancellor into big and painful spending cuts press releaseKwasi Kwarteng would need to announce a fiscal tightening of more than £60 billion just to stabilise debt as a fraction of national income in 2026–27.11 October 2022
Even if real pay is cut by 5%, public sector workforce may need to be cut by more than 200,000 by 2024 to stay within current spending planspress releasePublic sector workers will receive pay awards of around 5% this year, on average.8 October 2022
For every £1 given to households through headline cuts to taxes, £2 is being taken away in stealthy freezespress releaseBy 2025–26 these freezes take away £2 for every £1 given to households through the headline personal tax cuts. 6 October 2022
Benefits, inflation and redistributionpodcastWhat role does the benefit system play in redistribution - and how will high inflation impact the system?6 October 2022
IFS response to U-turn on plan to cut 45p income tax rate press release"The Chancellor still has a lot of work to do if he is to display a credible commitment to fiscal sustainability."3 October 2022
Mini-Budget responsecommentThe Chancellor announced the biggest package of tax cuts in 50 years without even a semblance of an effort to make the public finance numbers add up.23 September 2022
Deteriorating outlook for the public finances amid heightened uncertainty casts doubt on plausibility of promises of large permanent tax cutspress releaseThe two candidates for Prime Minister need to recognise the even greater than usual uncertainty in the public finances.18 August 2022
The long squeeze: rising inflation and the current government support packagecommentWe look at the impact of inflation and the government's proposals to tackle it.15 August 2022
The inflation squeeze on public servicescommentHigher inflation squeezes public service budgets and makes government spending plans less generous than originally intended. How much less generous?10 August 2022
Green Budget 2022event 11 October 2022 at 10:00 The IFS Green Budget 2022 will take stock of the economic and fiscal outlook following Kwasi Kwarteng’s mini-Budget and analyse the challenges ahead.
Reforms, rollouts and freezes in the tax and benefit systemevent 6 October 2022 at 11:00 This event explored the impact of the significant change the tax and benefit system is currently undergoing.
A look ahead to Friday's mini-Budgetevent 22 September 2022 at 09:00 On Friday, the Chancellor will make his first fiscal statement since taking office. What should we look out for?
What is this government’s ‘theory of growth’? Nobody knows comment "Shifting the performance of an entire economy requires a long-term, consistent and persistent direction." Paul Johnson writes for the Times. 20 January 2025
Do tariffs work? podcast We discuss the economic consequences of tariffs, why governments use them, and whether they actually achieve their intended goals. 23 January 2025
How is tax damaging the housing market? podcast We discuss how taxes like capital gains, stamp duty, and council tax impact the housing market, affecting affordability, renting, and homeownership. 18 December 2024
Scottish Budget 2025-26: IFS analysis event 20 February 2025 at 10:00 At this online event, IFS researchers will present their analysis of the Scottish Budget proposals and the wider Scottish tax and spending context.
How should governments help households during an energy crisis? comment The government spent billions on support to help households with their energy bills in 2022–23. Could a better-designed package have saved money? 31 January 2025
The UK’s near-record government revenues are not uncommon internationally comment How do changes in UK government revenues over time compare with what has been seen in other advanced countries? 27 January 2025
The welfare effects of price shocks and household relief packages: Evidence from the European Energy Crisis working paper How should governments respond to rapid increases in the cost of living driven by shocks to the prices of staple goods? 31 January 2025
Tax evasion and the contribution-benefit link: the case of maternity benefits working paper This paper studies tax evasion and the contribution-benefit link in the context of maternity benefits in Hungary. 18 December 2024
Survey of the Ghanaian Tax System report This edition of the Survey of Ghana’s Tax System provides a comprehensive overview of the tax system as of the start of 2024. 18 November 2024