More from IFS
Understand this issue

The tough fiscal reality facing the UK government
Britain faces high debt, high borrowing costs, rising taxes and stretched public services. We explain the fiscal reality facing any government.
28 May 2026

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

The Spring Forecast explained
Spring Forecast: headline numbers look steady but higher energy prices could lift UK inflation, rates and borrowing faster than expected.
4 March 2026
Policy analysis

New Welsh Government will face big fiscal challenges as it seeks to implement its policy priorities
The new Plaid Cymru government faces a difficult fiscal outlook – and the need to find common ground with other parties.
19 May 2026

Despite recent progress, Scottish public services are still performing substantially worse than before COVID
Five years on from COVID, Scotland's public services are still struggling to recover
7 March 2026

Public service spending and performance in Scotland
Scottish public services are struggling to recover from the COVID-19 pandemic, and cuts to some services loom.
7 March 2026
Academic research

Discretion versus algorithms: bureaucrats, tax equity and acceptability
We study how replacing bureaucrats’ discretion with algorithmic assessment affects the accuracy, equity, and public acceptance of tax decisions.
11 May 2026

Fiscal policy and the justice system
It is axiomatic that public funding is a determinant of the quality of the justice system and that justice is a consequential area of public spending.
8 May 2026

Regions, cities and finance: the role of capital shocks and banking reforms in shaping the UK geography of prosperity
We study how financial markets and, in particular, changes in the price of and access to capital, in shape UK regional growth fortunes.
18 December 2025