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Nick’s Blog
Nick Pearce
Director
n.pearce@ippr.org
Follow Nick on TwitterNick Pearce is the Director of IPPR, having rejoined the institute in 2010 after serving as Head of the Policy Unit at No 10. An author and regular commentator on public policy in broadcast and print media, Nick writes on a wide range of issues, from social justice, public service reform and identity politics to the future of social democracy.
Nick blogs on things that matter to our public life, from the heart of progressive thinking in Britain.
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Tag Archives: budget
With the economic recovery continuing to stall, there was a broad consensus ahead of today’s budget that the chancellor should provide a boost for housing and the construction sector, to help get jobs and growth going. George Osborne responded with … Continue reading
We now know quite a lot of what will be in the chancellor’s autumn statement tomorrow. There will be reductions in higher-rate tax relief for pension contributions, a relative cut in working-age benefits (which will rise by 1 per cent … Continue reading
In the run up to a budget or autumn statement, one piece of paper becomes the most important in Whitehall: the scorecard. This is the table which sets out the net effect of the government’s planned decisions: how much is … Continue reading
In his speech to the Conservative party conference, chancellor George Osborne has said that it is fanciful to believe that the ‘wallets of the rich’ can bear the burden of fiscal consolidation alone. But he has also said that the … Continue reading
Posted in Nick's Blog
Tagged budget, equality, party conferences, spending, taxation, welfare
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Izabella Kaminska has posted this very interesting FT Alphaville blog on a recent Capital Economics report on the output gap (h/t Duncan Weldon). If – and it’s a very, very big if – the output gap is still about 6 … Continue reading
The deterioration of the public finances will guarantee George Osborne tough headlines for his mini-Budget Autumn Statement. Labour argues that it stands vindicated: the government’s strategy has failed. But is anyone listening to the Labour case — and even if … Continue reading
Posted in Nick's Blog
Tagged budget, economy, progressivism, spending, taxation, UK politics
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It’s now a year since the government’s 2010 spending review. How has the economy performed compared to the plans and projections made then? Tony Dolphin, IPPR’s senior economist, has compiled a table of headline indicators.
As the Observer reported last weekend, the Office for Budget Responsibility (OBR) has revised its household debt assumptions upwards. Last June, the OBR forecast that household debt would increase from an average of £58,000 for every household in the UK in 2010 … Continue reading
Ordinarily, what the IFS has to say on any subject is voluminously reported in the media. Its reaction to the budget has become the regular second-day story for how the press covers the most important fiscal event of the year. … Continue reading
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