David B. Smith
21 January 2015

This article is based on David B. Smith’s Politeia paper ‘The UK Government Spending Ratio: Back to the 1930s?’.   Some politicians have asserted that Britain’s...
Philip Booth and Ryan Bourne
25 November 2014

Fall-out from the Autumn Statement next week is likely to focus heavily on the slowdown in deficit reduction. Borrowing has been £3.7 billion higher this year so far compared with last, and it...
Steve Davies
6 December 2013
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  The Chancellor's Autumn Statement certainly contained some good news - but not enough to justify the self-congratulation that we saw, given continued concerns about how well founded the...
Philip Booth
29 November 2013

In a recent conference held at the IEA, there was much discussion of the Great Recession. How can we interpret the recent recession and how can George Osborne’s Autumn Statement help us get out...
Kristian Niemietz
7 December 2012

  Right from the start, the guiding question behind the coalition’s fiscal strategy has been ‘Which consolidation measures are least likely to get us into trouble?’ rather...
Richard Wellings
5 December 2012

At the time of the last Autumn statement, the Office for Budget Responsibility (OBR) was predicting growth of 0.7 per cent in 2012, followed by 2.1 per cent in 2013, 2.7 per cent in 2014 and a...
Richard Wellings
30 November 2011

The Autumn Statement showed that George Osborne has failed to grasp the gravity of the economic crisis facing the UK. Urgent action was needed to brace the economy for double-dip recession and the...