We use data on household incomes from the Family Resources Survey, together with OBR macroeconomic forecasts and announced changes in tax and benefit policy, to project household incomes up to 2021–22.
On Tuesday afternoon MPs in the House of Commons will debate the recent report by the Work and Pensions Select Committee on “intergenerational fairness”. This argued that triple lock indexation of the state pension should not continue beyond 2020 and pointed out that, for a given amount of spending on the state pension, there is a trade-off between the level of the state pension and the state pension age. This observation uses projections from the Office for Budget Responsibility to quantify this trade-off.
In this report, we present long-run series of spending per student in England across the four main stages of education (early years, schools, further education and sixth forms, and higher education).
