Government spending

Government spending

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Government spending

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English council funding: what’s happened and what’s next?

Report

We are in the midst of major changes to local government funding – both its level and the system for raising and distributing it. This note brings together some of the key findings of our research on this topic and highlights where to find further information.

29 May 2019

Article graphic

What does the 2019 Spending Review mean for UK aid?

Comment

While the UK’s exit from the European Union continues to dominate the political and economic landscape, another important process looms: the 2019 Spending Review. This will determine how government spending is to be distributed across departments beyond 2019–20, including spending on overseas aid.

1 April 2019

The Treasury

Spring Statement 2019

Collection
In the Spring Statement, the Chancellor gives the country an update on the health of the economy, responding to the most recent forecast from the OBR.

13 March 2019

Article graphic

What to look out for in the Chancellor’s Spring Statement

Comment

The Spring Statement is a timely reminder that the nation faces challenges beyond Brexit. Slow economic growth is expected to continue, the deficit is still some way from being eliminated, and further cuts for unprotected public services are expected.

13 March 2019

Publication graphic

The outlook for the 2019 Spending Review

Report

The Chancellor is yet to confirm how much money will be made available to departments at the 2019 Spending Review. To meet his promise to end austerity, Phillip Hammond will need to find billions of extra funding.

11 February 2019

Presentation graphic

Local government finance: chop and change

Presentation

How is local government funding changing? And what might the implications for children's services be? In this presentation for the Office of the Children's Commissioner of England, IFS Associate Director David Phillips looked at the trends in local government spending over time, across the country, and across services, paying particular attention to children's services. He also looked at what funding reforms (such as shifts to funding more services via business rates, and the so-called Fair Funding Review) mean and how they could impact different areas and services.

15 January 2019

Working paper graphic

End-of-Life Medical Expenses

Working Paper

In this review, we document end-of-life medical spending: its level, composition, funding, and contribution to aggregate medical spending. We discuss how end-of-life expenses affect household behavior and economic evidence on the efficacy of medical spending at the end of life. Finally, we document recent trends in health and chronic disease at older ages and discuss what they might imply for end-of-life spending and medical spending in the aggregate.

12 December 2018

Article graphic

Kicking the can down the road

Comment

The chancellor managed to ease the squeeze on the public sector with his Budget on Monday but he dodged the tough decisions needed to come up with long-term solutions for funding services, says Ben Zaranko.

1 November 2018

Publication graphic

Socio-economic differences in total education spending in England: middle-class welfare no more

Report

Pupils benefit from a large amount of state funding for education in the 12+ years they spend in formal education, about £73,000 on average for pupils aged 16 in Summer 2010 in England. The total amount they experience is shaped by their education choices (e.g. whether to stay on post 16 and/or go to higher education) and the nature of the funding system for each stage of education. In the 1980s, considerably more was spent on the education of those from well-off backgrounds than on those from poorer backgrounds. This was driven by the fact that poorer children were much less likely to stay in education beyond 16, let alone go to university. And funding for higher education (HE) was relatively high. In this report, we find that these differences in funding by social class have now vanished.

31 October 2018

Presentation graphic

The end of austerity?

Presentation

This presentation was given at an IFS briefing following the Autumn Budget Statement 2018.

30 October 2018

The Treasury

Autumn Budget 2018

Collection
Chancellor Philip Hammond delivered his Autumn Budget Statement on Monday 29 October 2018.

29 October 2018

Book graphic

ICAEW: defence

Book Chapter
This Green Budget chapter considers how the evolving defence and security position may affect defence resources and spending, and the pressure that this could put on the public finances.

16 October 2018

Book graphic

ICAEW: public sector assets

Book Chapter
In advance of the progress report expected with the 2018 Autumn Budget, this Green Budget chapter provides an overview of the assets owned by the UK public sector and discusses how the Balance Sheet Review can be used to improve the utilisation of public assets and the prospects for a comprehensive investment and asset management strategy.

16 October 2018