Carl Emmerson

We explore the UK’s public finances and why further fiscal consolidation may be needed to meet the government’s borrowing and debt rules.

The Chancellor almost certainly has a fiscal repair job on her hands at the Budget on 26 November.

The Chancellor's second Budget will be a tricky one. The fiscal outlook has deteriorated, raising the prospect of spending cuts or further tax rises. 

We set out the challenges facing the Chancellor from a changing economic and policy outlook, and explore options to stabilise policy going forwards.

This online event discussed crucial context for the challenges the government faces in setting the state pension age.

Should the OBR publish only one forecast a year? Or are there better ways to discourage Chancellors from excessive policy tinkering?

IFS Deputy Director, Carl Emmerson, delivered the presentation as part of NIESR's Demographics and Finance half day conference.

Can the UK pensions system deliver a decent standard of living in retirement? We explore the challenges and changes needed.

The proposals put forward maintain an important balance between the state, employers and workers.

We provide concrete recommendations to improve the UK pension system to secure better standards of living for future pensioners.

The Government has today announced a series of public sector pay awards for those covered by the Pay Review Body process.

On average, women who remained in work for longer following increases in the state pension age saw improved cognition and less physical disability.

Public finance data out today show that borrowing overshot the official forecast made at last month's Spring Statement by £15 billion.

This online event presented new analysis of the way in which defined contribution pension wealth is currently being accessed.

How do people draw on their private pension wealth in retirement, how might this change in future, and what risks do they face?

What policies might help people manage their defined contribution pension wealth in later life? 

At this online event IFS researchers will present their initial analysis of the Chancellor's Spring Statement.

Our new report finds that a major recent revision by the ONS to official estimates of household wealth is fundamentally flawed.