Tough medicine

Painful post-election Budgets are a time-honoured tradition in Britain, and the new Government’s upcoming fiscal event will be no exception, with the PM and Chancellor already warning of tough decisions being made. Expectations are being set for higher taxes, higher borrowing or lower spending – or perhaps a combination of all three.

What tax and spend decisions might the Chancellor consider in order to put the public finances on a more even keel, and what might this mean for family finances? Can the tough medicine in the Budget be squared with the need to kickstart growth? How might the new Government navigate the politics of a post-election Budget? And what could this mean for the rest of the Parliament?

The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from new research – the last in a five-part series about the economic challenges facing the new Government – we will hear from leading experts on the Chancellor’s options in her first Budget.