More from IFS
Understand this issue

One year of Labour government: Is mission-driven politics really happening?
One year into Labour’s government, we assess whether its mission-driven approach has changed how it governs and what progress has been made.
18 July 2025

Paul Johnson’s final episode: big challenges ahead for the UK economy
In Paul's final episode, he speaks with incoming IFS Director Helen Miller about the big economic pressures facing the UK.
9 July 2025

How to fix UK pensions?
Can the UK pensions system deliver a decent standard of living in retirement? We explore the challenges and changes needed.
4 July 2025
Policy analysis

Rachel Reeves will need to face up to fantasists on both sides
The chancellor has to somehow reconcile tax and spending, but both her own Labour MPs and the Tory opposition are still living in a dream world
7 July 2025

Changes to benefit reforms reduce saving from bill by £3bn in 2029-30 but create huge difference in support between claimants
These changes more than halve the saving of the package of reforms, making the Chancellor’s already difficult Budget balancing act much harder.
27 June 2025

The Pensions Review: final recommendations
We provide concrete recommendations to improve the UK pension system to secure better standards of living for future pensioners.
2 July 2025
Academic research

Focal pricing constraints and pass-through of input cost changes
I prove that, in a simple but general framework, expected pass-through is unchanged by the presence of focal pricing constraints.
10 July 2025

Manuel de l’estimation du coût d’une politique fiscale
Introduction à l’estimation du coût d’une politique fiscale: Un manuel et des exemples pratiques
8 July 2025

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