In this authoritative and gripping book—the first full account of the 1976 International Monetary Fund crisis—Kathleen Burk and Alec Cairncross peel back the surface of the most searing economic crisis of postwar Britain to reveal its historical roots and contemporary context. During the...

This working paper describes how the IFS's model of the UK's long-run public finances (and those of its constituent nations) is constructed. Our model projects tax revenues, public spending and hence public borrowing and debt up to 2062-63. This is done for the UK as a whole and also separately...