Pre-Budget Report 2006

Briefing

The Chancellor made his Pre-Budget statement on Wednesday 6th December. A press release gives our immediate reaction of the Pre-Budget Report. Carl Emmerson and Chris Frayne explore the issues in an article in Public Finance Magazine.

IFS held a briefing on the following day; slides are available to download here:

• The public finances, Chris Frayne
• Public spending, Carl Emmerson
• Environmental taxes, Andrew Leicester
• Education spending, Luke Sibieta

Green Budget 2006

The IFS Green Budget 2006 examines the Chancellor's options for the Budget. Areas covered include the fiscal policy framework, the public finances and spending plans, distributional analysis, childcare policy and company taxation. The Green Budget was carried out in collaboration with Morgan Stanley and includes their analysis of the economic outlook and funding and debt management.

The UK tax system and the environment

A new IFS report (November 2006) examines in depth the current system of green taxes in place in the UK, their design and effectiveness, and looks at the recent history of green tax revenues and greenhouse gas emissions.

Poverty and inequality

• Micro-simulating child poverty in 2010 and 2020. A Joseph Rowntree Foundation report (July 2006) describes how micro-simulation techniques were used to forecast relative child poverty in the UK in 2010 and 2020 under various scenarios for future policy and socio-demographic change.
• The poverty trade-off: work incentives and income redistribution in Britain. A new Joseph Rowntree Foundation report (October 2006) aims to illuminate the trade-off between work incentives and redistribution.

The Pensions White Paper: who wins and who loses?

A newspaper article (August 2006) examines the proposed changes to state pensions and assesses who will win and who will lose from their implementation.