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

Where and how does the government spend its money?
Explore how and where the government spends money, and how this has changed over time, in all regions and nations of the UK
10 April 2025

Today’s ONS figures highlight uncertainty around fiscal forecasts
Public finance data out today show that borrowing overshot the official forecast made at last month's Spring Statement by £15 billion.
23 April 2025

OBR successive forecasts for productivity growth and out-turn (Index: 2008 = 100)
OBR productivity growth forecasts have historically been over-optimistic: a downgrade to the OBR's forecast could cause a real fiscal headache.
28 March 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

Multitasking, two-part contracts, and bunching: an application to doctors' tasks
The optimal design of incentive contracts critically depends on whether the tasks performed by agents are complementary or substitutable.
24 February 2025

Public insurance and marital outcomes: Evidence from the Affordable Care Act's Medicaid expansions
We find that an increased likelihood of Medicaid eligibility reduces marriage rates, particularly among people with higher education levels.
8 November 2024