More from IFS
Understand this issue

Drastic times need drastic action: breaking the 50-year tax taboo
Rachel Reeves should consider increasing the basic rate, just as Denis Healey did in 1975
14 April 2025

Spring Statement 2025: IFS Zooms In
What were the decisions and trade-offs made by Chancellor Reeves?
27 March 2025

Biggest welfare saving fiscal events (policy measures targeted at working-age and children)
Today it was confirmed that the changes to welfare represent a £4.2bn net saving by 2029-30 (2025-26 prices).
26 March 2025
Policy analysis

Popularity of new childcare entitlements could leave spending much higher than initially forecast
New childcare entitlements have proven popular – meaning spending from 2026 onwards could be £1 billion higher than originally forecast.
12 June 2025

Spending Review 2025
Find our analysis, events and more surrounding the 2025 Spending Review here.
11 June 2025

A look ahead to the 2025 Spending Review
At this online event, researchers presented what the key choices will be at the Spending Review.
Academic research

Future challenges for health and social care provision in the UK
We consider recent trends in health and social care productivity and the scope for future improvements.
6 June 2025

The future of public pension provision in the UK: challenges and trade-offs
The UK state pension system faces significant challenges given the country’s ageing population, but it is crucial for retirement finances.
6 June 2025

Measuring cost of living inequality during an inflation surge
We provide new evidence that inflation inequality surged during the 2021–2023 cost-of living crisis.
9 May 2025