The introduction of universal credit (UC) has been the most significant reform to the workingage benefits system since the reforms following the post-war Beveridge Report. When fully rolled out, around 8 million families - 29% of all working-age families - will be entitled to the benefit. UC is...

The UK government's proposed package of tax and benefit changes to be introduced between 2015-16 and 2019-20 (those announced in fiscal events up to and including the July Budget) will reduce household incomes by £455 a year on average. However, this average figure disguises considerable...

The UK is part-way through almost unprecedented real-terms reductions in government expenditure as the government attempts to deal with the large hole in the public finances. As part of this, the UK government has announced and is in the process of implementing £18 billion of cuts to welfare...

The COVID-19 pandemic disrupted many aspects of children's lives, with impacts on their social and emotional development as well as their educational attainment. School closures increased social and emotional difficulties (Blanden et al., 2021); lack of contact with friends and extended family...

This report is designed to provide new evidence on retirement patterns in the UK, as part of the Pensions Review, a larger project run by the IFS in partnership with the abrdn Financial Fairness Trust, which is examining the future of financial security in retirement. Understanding patterns of...

The last 25 years has seen a transformation in how early years education and childcare is approached in England. The establishment and subsequent expansions of a "free entitlement" to funded early education and childcare have seen early years spending quadruple over the last 25 years, and a...

Medicine is a high-paid and high-status career. It is also a big profession - and expected to grow considerably over coming decades. Understanding differences in access to medical careers by ethnicity, and different career paths within medicine by ethnicity, is therefore an important and...

This report makes the case for a new review of the pension system in the UK. There are a number of key challenges facing future generations of pensioners that threaten their living standards in retirement and which, without policy action, mean many are likely to face substantial financial...