Description
On the 22nd November, the Chancellor Jeremy Hunt will give his Autumn Statement. He will update MPs on the country's finances and the government's plans for tax and public spending, based on the latest forecasts from the Office for Budget Responsibility.
In this episode, we speak to Carl Emmerson, Deputy Director at IFS and Ben Nabarro, Chief UK Economist at Citigroup, about the underlying economic situation facing the Chancellor.
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In the recent budget, the Chancellor, Rachel Reeves, announced a £40 billion tax increase, pushing tax as a share of national income to an all time UK high.
Just 6% of that came from an increase in inheritance tax, and just a small fraction of that will come from farmers. And yet it is the tax...
Published 11/15/24
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.
What will this mean for the population make-up of the country? What other big demographic shifts are occurring? Why...
Published 11/08/24