A response to the consultation from the Finance Committee of the National Assembly for Wales concerning preparations for replacing European Union funding for Wales
This report provides new estimates of total spending by the government on children in England, including benefits, education spending,services for vulnerable children and healthcare. In the most recent year of data (2017–18), total spending was over £120 billion or over £10,000 per child under 18.
Research led by the Institute for Fiscal Studies, released by the Department for Education yesterday has highlighted the importance of university courses in determining graduates’ earnings. But what are the implications for government policy?
lot of factors influence how much an individual earns. Some of these are determined before you are born: how rich your parents are, as well as your gender and ethnicity. Some are decided very early on in life, such as performance at school. But some of these factors are choices, such as what and where to study at university.
In this presentation, IFS researchers draw together the conclusions of a programme of research carried out over the last two years, which sheds light on individuals’ saving for retirement and how different sources of wealth are drawn on through retirement.
We are constantly being lectured about how we should save more for our retirements. Maybe we should. But what happens next? It’s all very well having assets when you get to retirement age, but that still leaves another 20 years or more to manage and make use of them. How we do that can have as much impact on living standards in retirement as the amount saved in the first place.
It is well known that the average graduate earns more than non graduates, and that university graduates from certain subjects and from certain universities earn considerably more than others. For example, five years after graduation, men from the highest earnings universities earn almost 50% more than graduates from other Russell Group universities (30% for women), while male Russell Group graduates earn over 40% more than those who attended the average post-1992 institution (35% for women).
How should we fund social care? When you try to answer such a big question, you quickly realise there are a whole host of underlying questions one needs to think about.
When the government announced 100% business rates retention pilots it said the scheme would be “cost-neutral”. However, research by the Institute for Fiscal Studies shows that cannot be the case. Neil Amin-Smith reveals how the conclusion was reached.
