Download Paul Johnson's opening remarks
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Download slides on public finance risks
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Download slides on changes to the tax system
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Download slides on reforms to health-related benefits
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Download slides on changes and challenges in childcare
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Chancellor Jeremy Hunt presented his first Budget on Wednesday 15th March. The fiscal backdrop was certainly calmer than before his Autumn Statement in November. There could even be some positive fiscal news for the Chancellor, given falling energy prices and interest rate expectations. But acute pressures on public services, demands for higher public sector pay, an ongoing squeeze on household living standards, and a highly uncertain outlook for the economy nevertheless made this a difficult first Budget to navigate.
IFS researchers presented their initial analysis of the Chancellor's announcements on the following day, Thursday 16th March, at an online webinar.
Paul has been the Director of the IFS since 2011. He is also currently visiting professor in the Department of Economics at University College London.
Isaac is a Research Economist in the Taxation sector, focusing on the taxation of high-income individuals and closely-held corporate entities.
Carl, a Deputy Director, is an editor of the IFS Green Budget, is expert on the UK pension system and sits on the Social Security Advisory Committee.
Christine's research examines inequalities in children's education and health, especially in the early education and childcare sector.
Tom is an Associate Director at the IFS and Head of the Income, Work and Welfare sector.
- Institute for Fiscal Studies
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