The reforms to taxes and benefits announced in Gordon Brown's seventh Budget will have only a modest effect on the distribution of disposable income in Britain.
In his Pre-Budget Report (PBR) last November, Gordon Brown conceded that the impact of the weak economy on tax revenues would force him to borrow more than he had expected this year and next.
When Chancellor Gordon Brown delivered his pre-budget report on November 27th, no one doubted that he would reduce his forecasts for economic growth and raise his estimates of government borrowing.
Commentary: all content
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Brown's defiant optimism may pen him in on future Budgets
The reforms to taxes and benefits announced in Gordon Brown's seventh Budget will have only a modest effect on the distribution of disposable income in Britain.
10 April 2003
Where has all the investment gone?
Public sector investment was weaker during Labour's first term than in any other five-year period since the Second World War.
7 March 2003
COMMENT & ANALYSIS: Brown cannot escape increasing taxes
This article was published in the Financial Times on 5th March 2003.
5 March 2003
Untying the Gordian knot
In his Pre-Budget Report (PBR) last November, Gordon Brown conceded that the impact of the weak economy on tax revenues would force him to borrow more than he had expected this year and next.
31 January 2003
Regional wage variation and industry location
1 January 2003
All is not equal
1 January 2003
Thinking the unthinkable
When Chancellor Gordon Brown delivered his pre-budget report on November 27th, no one doubted that he would reduce his forecasts for economic growth and raise his estimates of government borrowing.
6 December 2002
Financial sector fundamental to wellbeing
This article was published in The Financial Times on 28th November 2002.
28 November 2002
Why the Chancellor should exercise caution
In recent weeks Britain's public finances have proved the old adage that bad news comes in threes.
24 October 2002
PSA targets fundamental to Brown's reforms
This article was published in Public Finance Magazine on 19th July 2002.
19 July 2002
There are winners and losers in these plans
This article was published in The Independent on 16th July 2002.
16 July 2002
There is change of tack in measuring agencies' results
This article was published in the Financial Times on 16th July 2002.
16 July 2002
Beyond the pensions crisis
Pensions have made the headlines again this week with the publication of the Sandler & Pickering reports.
12 July 2002
Giving us direction
This article was published in Public Finance Magazine on 5th July 2002.
5 July 2002
Brown's Budget bonanza
This year's Budget was Gordon Brown's first step since the General Election to delivering on Labour's pledge of
26 April 2002
Families first as better-off pay the bill for a more equitable society
This article was published in the Financial Times on 18th April 2002.
18 April 2002
An end to child poverty
This article was published in Public Finance Magazine on 12th April 2004.
12 April 2002
Budget parameters controlling Brown
This article was published in The Financial Advisor on 14th March 2002.
14 March 2002
A tax that does not ring true
This article was published in Public Finance Magazine on 8th March 2002.
8 March 2002
Higher taxes appear the only option for increased spending
This article was published in The Independent on 22nd February 2002.
22 February 2002