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 ...

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.

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 ...

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 - ...

As technological advances accelerate and labour demands shift, the ability of workers to reallocate across occupations will be crucial for shaping labour market dynamics, inequality, and effective ...

If you measure living standards by looking at how much people spend on goods and services (excluding housing-related expenditures and adjusting for household size) you get a starkly different picture ...