Description
On Monday, the new Chancellor, Rachel Reeves, stood up in front of Parliament and spoke about, what was in her view, the challenging economic inheritance left to Labour by the previous Conservative government.
She revealed a series of unfunded commitments by the previous government - a multibillion-pound gap in the public finances covering areas such as spending on asylum seekers and unfunded infrastructure projects.
So, what do we make of the announcements? What are the implications of the spending cuts announced? What does this statement tell us about how the Chancellor will handle economic challenges?
To answer these questions, we’re joined by Christine Farquharson and Ben Zaranko.
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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
117 days after Labour took office, Rachel Reeves has finally delivered her Budget.
From tax rises and fiscal rules, to public services and investment, we'll take a tour around all of the big announcements.
Paul is joined by Helen Miller and Ben Zaranko, colleagues at the IFS.
Find out more:...
Published 10/31/24