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Downing Street

Collection

Mini-Budget 2022 and follow-up

  • Stuart Adam
  • Isaac Delestre
  • Carl Emmerson
  • Paul Johnson
  • Robert Joyce
  • Peter Levell
  • Luke Sibieta
  • Isabel Stockton
  • Tom Waters
  • Xiaowei Xu
  • Ben Zaranko

Published on 17 October 2022

Analysis of the government's tax and spending plans - and follow-up - announced as part of the mini-Budget.

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    Analysis

    Jeremy Hunt leaving Downing Street

    A response to the Chancellor’s ‘Mini-Budget’ reversals

    comment
    Fiscal 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 plans

    17 October 2022

    Kwasi Kwarteng

    Mini-Budget response

    comment
    The 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

    Paul Johnson being interviewed

    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

    Kwasi Kwarteng

    The mini-Budget explained

    explainer
    Paul Johnson provides an immediate response to the government's mini-Budget.

    23 September 2022

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    Kwasi Kwarteng homes in on the right problems, but solutions don’t add up

    comment
    Paul Johnson writes in The Times on the impact of Kwasi Kwarteng's mini-Budget policies.

    26 September 2022

    HM Treasury building

    Paul Johnson responds to Kwasi Kwarteng's mini-Budget

    comment
    Kwasi Kwarteng’s mini-budget is a short-term sugar rush and a huge switch in direction.

    24 September 2022

    An image of the Treasury building

    A look ahead to Friday's mini-Budget

    event 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?
    The treasury building

    Reversing NICs and corporation tax rises would leave debt on an unsustainable path

    report
    In 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

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    Transparency is key to maintaining trust in government. Let’s not cap it

    comment

    Paul Johnson in the Times on the importance of transparency in government.

    12 September 2022

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    Response to the Energy Price Guarantee

    comment
    The government has today announced an ‘Energy Price Guarantee’. This is our response.

    8 September 2022

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    The challenges facing the new Prime Minister

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    Paul speaks to Ben Zaranko and Xiaowei Xu to assess the challenges facing the new Prime Minister.

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    People need help with their energy bills, but we will have to pay for it

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    "We may be facing such an emergency that deeply unpalatable decisions need to be taken."

    29 August 2022

    Smart energy meter

    Cost of maintaining household support package rises by £14bn in light of new energy price cap

    comment
    Both Conservative leadership candidates have promised tax cuts on energy bills. How much would these help and what would they cost?

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    The outlook for the public finances under the Bank of England’s August 2022 forecast

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    This report sets out an illustrative scenario for how the current path of inflation and growth might affect government revenues and spending.

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    Can we all eat cake? Political leaders should explain that is pure fantasy

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    Paul Johnson in the Times on the dangers of 'cakeism'.

    15 August 2022

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    The long squeeze: rising inflation and the current government support package

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    We look at the impact of inflation and the government's proposals to tackle it.

    15 August 2022

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    The inflation squeeze on public services

    comment
    Higher inflation squeezes public service budgets and makes government spending plans less generous than originally intended. How much less generous?

    10 August 2022

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    Tax and spending policies of Conservative leadership contenders

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    On 5 September we will know which of the two is the next Conservative Party leader - and therefore Prime Minister - so their visions for tax and spending matter.

    21 July 2022

    Press announcement

    An initial response to the public sector pay announcement

    comment
    The government has announced pay rises for public sector workers covered by independent pay review bodies.

    20 July 2022

      Authors

      Stuart Adam
      Stuart Adam

      Senior Economist

      Stuart is a Senior Economist working in the Tax sector, and focuses on analysing the design of the tax and benefit system.

      Isaac Delestre
      Isaac Delestre

      Senior Research Economist

      Isaac is a Senior Research Economist in the Taxation sector, focusing on the taxation of high-income individuals and closely-held corporate entities.

      Carl Emmerson
      Carl Emmerson
      Paul Johnson
      Paul Johnson
      Robert Joyce
      Robert Joyce
      Peter Levell
      Peter Levell

      Deputy Research Director

      Peter joined in 2009. He has published several papers on the microeconomics of household spending and labour supply decisions over the life-cycle.

      Luke Sibieta
      Luke Sibieta

      Research Fellow

      Luke is a Research Fellow at the IFS and his general research interests include education policy, political economy and poverty and inequality.

      Isabel Stockton
      Isabel Stockton

      Senior Research Economist

      Isabel works in the Healthcare sector, and on the public finances. Their research focuses on retaining and developing the NHS workforce.

      Tom Waters
      Tom Waters

      Associate Director

      Tom is an Associate Director at the IFS and Head of the Income, Work and Welfare sector.

      Xiaowei Xu
      Xiaowei Xu

      Senior Research Economist

      Xiaowei joined the IFS in 2018 and works in the Income, Work and Welfare sector.

      Ben Zaranko
      Ben Zaranko

      Collection details

      Publisher
      Institute for Fiscal Studies

      Funded by

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