Five challenges· Tax Taxed into a corner? The Chancellor’s options in the upcoming Budget Tuesday 10 September 2024 The Chancellor has set the date for the first Budget of Labour’s Government – 30th October – and has emphasised the stark fiscal difficulties facing the country, even if she goes ahead with the £23 billion a year of future tax rises announced by her predecessor but not yet implemented. The strains on the public … Continued READ MORE
Net zero· Economy 2030· Demographics· Living standards· Firms· Productivity & industrial strategy· Brexit & trade· Cities and regions· Economic growth· Tax· Macroeconomic policy Ending Stagnation A New Economic Strategy for Britain Monday 4 December 2023 The final report of The Economy 2030 Inquiry The UK has great strengths, but is a decade and a half into a period of stagnation. The combination of slow growth and high inequality is proving toxic for low- and middle-income Britain. The result is a country falling behind its peers, where taxes, rather than wages, … Continued READ MORE
Economy 2030· Tax From quantity to quality How to have better, not just higher, taxes Wednesday 28 June 2023 Britain’s tax take has risen to a 70 year high. And while the pre-election clamour for tax cuts is growing, higher debt payments, struggling public services and tight fiscal rules mean taxes are just as likely to go up as down. But this rising quantity of tax revenue has not been matched by a rising … Continued READ MORE
Economy 2030· Skills· Tax Fees-ible reforms? Assessing the Government’s new plan for higher education Wednesday 9 March 2022 The UK’s universities are highly regarded abroad, but are controversial at home. While increasing participation has boosted people’s skills and their social mobility prospects, ‘edusceptics’ worry that too many people are attending university, and about the funding of the growth through fees and loans. Meanwhile the number of young people going to higher education continues … Continued READ MORE
Wealth & assets· Housing· Tax The Great British wealth windfall Is now the time to reform property taxation? Thursday 9 December 2021 House prices across the UK have rocketed over recent decades, and have continued to surge even when the rest of the economy collapsed during the Covid crisis. This has delivered a huge wealth windfall, that far from being shared equally has gone to existing asset owners. This windfall has also largely slipped past the tax … Continued READ MORE
Tax Taxing times The good, bad and ugly of tax through the ages Monday 10 May 2021 Book launch for ‘Rebellion, Rascals, and Revenue’ by Michael Keen and Joel Slemrod. Pre-order here. Live interactive webinar. Register for event access link. Taxation is famously the only certainty in life, beyond death. But the story of its evolution across the world over the centuries is far livelier and more unpredictable than this implies. … Continued READ MORE
Living standards· Tax· Welfare· Political parties and elections The choice facing Britain: What the manifestos reveal Thursday 28 November 2019 The manifestos have been published and the soundbites crafted – now the parties have only a few weeks left to make them land with voters. A few common themes have emerged: austerity is off and the spending taps are on, but there are big differences between the parties in terms of the size and role … Continued READ MORE
Tax· Political parties and elections A taxing election Do the parties’ tax plans match up to the needs of modern Britain? Wednesday 13 November 2019 At an event at its Westminster offices, the Resolution Foundation presented new analysis on the changing shape of the UK’s system, and the main parties’ tax plans. Panel including Edward Troup, former Executive Chair of HMRC. READ MORE
