In this book, we examine in detail some of the key risks to the Chancellor’s plans for reducing the deficit. We set out in detail what has been happening in the housing market and the role of government policies aimed, at least in part, at boosting homeownership. We also document what has been...

This report presents projections of mortality, family composition, health, care receipt, care provision, labour supply and receipt of disability benefits for people aged 65 and over from 2010-11 through to 2022-23, as well as projections of their wealth and incomes, in order to offer commentary...

This report looks at trends in public sector pay and compares these with what has been happening in the private sector. We start by analysing the overall levels of public and private sector pay, including how they have evolved over recent years and the differences after accounting for the...

Chancellor Jeremy Hunt will announce his second Budget, and fourth fiscal event, on Wednesday 6 March. This will possibly be the final fiscal event of the current parliament. With the big rise in tax revenues as a share of national income since 2019 only being partially offset by the cuts to...

[Preface ...] In this book, we examine how the public finances, and the plans for fiscal consolidation, have evolved during this parliament. We set out what has happened to the pay of different groups, and assess the current direction of travel as real earnings growth slowly returns. We consider...

There have been dramatic changes in the patterns of work among people in their 50s and 60s over the last 50 years. The gradual increases in employment since the mid-1990s are generally welcome. A longer working life boosts household incomes, as people are reliant on their wages and salaries for...