More from IFS
Understand this issue

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

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
Policy analysis

Spring Statement 2025: initial IFS response
In response to deteriorating global economic conditions, Rachel Reeves chose to fine-tune her spending plans to continue to meet her fiscal rules.
26 March 2025

Scottish Fiscal Sustainability Report – immediate response
Today’s SFC report highlights the fiscal challenges facing the Scottish and UK governments over coming decades.
8 April 2025

How did tax credits transform the UK welfare system?
Over 20 years since they were introduced, tax credits have now been replaced by universal credit. How did they change the UK welfare system?
4 April 2025
Academic research

The menopause "penalty"
We show that a menopause diagnosis leads to lasting drops in earnings and employment, alongside greater reliance on social transfers.
21 March 2025

Tax evasion and the contribution-benefit link: the case of maternity benefits
This paper studies tax evasion and the contribution-benefit link in the context of maternity benefits in Hungary.
18 December 2024

Call for papers: IFS-ADBI-GHE Workshop on Health Economics in LMICs 2025
Submissions are open until 15th February for the IFS-GHE Workshop on Health Economics in LMIC 2025