Latest from IFS: November 2024
Institute For Fiscal Studies
Britain’s leading independent microeconomic research institute
This past month we responded to the Chancellor's first Budget:?you can watch back our Budget analysis event and download the slides here. Ahead of the Budget, we published?our Green Budget 2024, and?released new reports on the state of college finances in England and the effect of Sure Start on youth misbehavior, crime, and contacts with children's social care. We have also published a comment on the government's announcement to increase tuition fees. Last month also saw us host?our first ever?IFS Zooms In live recording on 'What makes a successful budget?' and?our experts continued to give their analysis of a range of topics?in our??IFS Zooms In: The Economy?podcast.
IFS Green Budget 2024
This year’s IFS Green Budget, supported by the Nuffield Foundation and in association with Citi,?sets out the new government's economic and fiscal inheritance and examines the key policy choices and trade-offs facing the Chancellor.
We released chapters on:
Read the chapters here.
￡390 million relief for English universities as government ends tuition fee freeze
IFS Senior Research Economist, Kate Ogden said:
University Vice Chancellors will be breathing a sigh of relief that the government is not extending the tuition fee freeze, sparing universities a further real-terms cut to resources of around ￡390 million next academic year. Of course, higher fees mean higher student loan repayments in the long run – with graduates eventually repaying around three-quarters of the extra borrowing resulting from today’s announcement.
Read the full response to government plans to increase the cap on tuition fees for England-domiciled undergraduate students here.
Autumn Budget 2024: initial IFS response
IFS director, Paul Johnson said: “In broad brush strokes, that was the Budget we had been led to expect: big tax rises, more cash for public services, more borrowing and more investment. Look beyond the headline numbers, and there are two big judgements – one could say gambles – that the Chancellor seems to be making."
You can watch back our event where IFS researchers?presented their initial analysis of the Chancellor's announcements here.
Read the full response here.
IFS Zooms In: The Economy
At the end of October, the ONS announced that the fertility rate in England and Wales had fallen to 1.44 births per woman in 2023 - the lowest figure since records began in 1938. Paul Johnson is joined by Melinda Mills, Director of the Leverhulme Centre for Demographic Science and Nuffield Professor of Demography at Oxford and by Carl Emmerson, Deputy Director at IFS?to discuss?what the implications of this?are for the UK and how it might impact the public finances.
Listen to the podcast here.
We are recruiting for a Press and Communications Manager
Join us to manage our busy press office during an exciting year for the organisation.
Find out more and apply before Wednesday 20th November here.
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