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Budgets and fiscal events

The UK’s major fiscal events – Budgets, Spring Statements and Spending Reviews – provide the Chancellor with an opportunity to shape Britain’s political economy through major policy announcements. Our work focuses on the policies under consideration in the run-up to fiscal events, and what policy decisions and the latest economic outlook (published by the Office for Budget Responsibility) mean for the state of Britain, and household living standards.

Contacts

James Smith

James Smith

Research Director
T: 0203 372 2956
E: james.smith@resolutionfoundation.org

Mike Brewer

Interim Chief Executive
T: 020 3372 2960
E: mike.brewer@resolutionfoundation.org
Comment

How should the Chancellor escape her headroom bind?

by Ruth Curtice and Imogen Stone and Tom Clark

It is only four months since Rachel Reeves ‘shocked’ Britain by doing what every Chancellor does after an election – jacking up taxes. We have now been told the Government…
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Events

Spring cleaning the public finances

Assessing the Chancellor’s Spring Statement and the UK economic outlook

The Chancellor set out her first ever Budget less than five months ago, but the UK’s economic outlook has changed considerably since then. Bad news on growth, inflation and borrowing…
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Events

The headroom bind

What does the Chancellor need to do to hit her fiscal rules?

In her Budget last Autumn, the Chancellor announced the biggest tax rises on record to boost public spending and investment by over £300 billion across the Parliament. She also announced…
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Comment

Turbulent times

How should the Chancellor respond to recent movements in the gilt market?

by Emily Fry and Cara Pacitti

Turbulent gilt markets, a devaluing pound and speculation about the Office for Budget Responsibility (OBR) downgrading its economic forecasts is not the start to 2025 the Chancellor was hoping for.…
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Publications

More, more, more

Putting the Autumn Budget 2024 decisions on tax, spending and borrowing into context

by Camron Aref-Adib and Mike Brewer and Molly Broome and Tom Clark and Alex Clegg and Nye Cominetti and Adam Corlett and Emily Fry and Sophie Hale and Lindsay Judge and Zachary Leather and Jonathan Marshall and Charlie McCurdy and Louise Murphy and Felicia Odamtten and Cara Pacitti and Simon Pittaway and Hannah Slaughter and James Smith and Greg Thwaites and Lalitha Try

This has been the most anticipated Budget of modern times. It had to wrestle with profound – and sometimes conflicting – challenges: fixing the strained public services; repairing failing public…
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Publications

Great expectations in hard times?

Previewing the big decisions for the Chancellor in the new Government’s first Budget

by Emily Fry and Cara Pacitti and James Smith

In this briefing note, we put the big decisions faced by Chancellor in the new Government’s pivotal first Budget into context, discussing the new – and old – spending pressures…
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Events

No pain, no gain?

Assessing what the Budget means for the UK economy

The Resolution Foundation is hosting its traditional ‘morning after the night before’ event to debate and answer questions about the Budget. Following a presentation of the key highlights from its…
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