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

On April 15, 1975, Denis Healey, the Labour chancellor, presented his budget. An economic crisis was upon us. Inflation was ...

We are pleased to announce the 7th World Bank/ODI Global/IFS Public Finance Conference, taking place in London, UK, on ...

Upcoming increases in the minimum wage and employer NICs could make it harder for young people entering the labour force.

In this paper, we estimate average equivalised consumption measures across local authority districts in Great Britain.

We develop a tractable equilibrium model of the labour market with heterogeneous labour supply elasticities by occupation and ...

In this paper, we estimate average equivalised consumption measures across local authority districts in Great Britain.

The new tax year marks the end of an era in the UK’s welfare state. Over 20 years since working tax credit (WTC) and child tax credit (CTC) significantly expanded its size and scope, these benefits ...

The government spent around £1.1 trillion, or 40.6% of national income, on our behalf in 2023-24. This was composed of different categories of spending - e.g. health, education, and benefit spending - ...

This week will see significant increases to both minimum wages and employer National Insurance contributions (NICs) take effect. The National Living Wage (NLW), which applies to those aged 21 or over, ...

This week, we’re looking at corporation tax, which was introduced 60 years ago. Across the decades there have been no shortage of predictions that corporate tax revenues will decline, and yet the tax ...