<p><h3>Headline comparisons</h3><ul> </p><p><li><em class="bold">Central government current receipts</em> are 1.2% up on </p><p> the first 8 months of last year. The November 2002 Pre-Budget Report (PBR) </p><p> forecast for 2002-03 implies an increase of 2.2% for the year as a whole. </p><p> </p><p><li><em class="bold">Central government current spending</em> is 7.6% up on </p><p> the first 8 months of last year. The PBR forecast for 2002-03 implies an </p><p> increase of 6.0% for the year as a whole. </p><p> </p><p><li><em class="bold">Public sector next investment</em> is 16.5% up on the </p><p> first 8 months of last year. The PBR forecast for 2002-03 implies an </p><p> increase of 62.0% for the year as a whole. </ul></p>
Authors
Deputy Director
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.
Robert Chote
European Commission (formerly IFS staff)
Press Release details
- Publisher
- IFS
More from IFS
Understand this issue
IFS Deputy Director Carl Emmerson made a Fellow of the Academy of Social Sciences
4 March 2024
Statement on Alistair Darling's passing
4 December 2023
IFS contributor Claudia Goldin wins Nobel Prize in economics
9 October 2023
Policy analysis
4.2 million working-age people now claiming health-related benefits, could rise by 30% by the end of the decade
19 April 2024
Sure Start greatly improved disadvantaged children’s GCSE results
9 April 2024
Gap between higher- and lower-paid public sector workers falls by more than a third since 2007 as doctors and experienced teachers have faced unprecedented pay cuts
26 March 2024
Academic research
Itay Saporta Eksten visits IFS
31 January 2024
IFS co-organises Paris-London Public Economics Conference 2023
24 November 2023
Imran Rasul elected as EEA Vice-President
21 November 2023