🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

New Institute for Fiscal Studies report on the state of education in England. English pupils are doing very well by international standards - few countries are both better performing and more equal in achievement. But the aftermath of the pandemic has brought huge new challenges.

My new @theIFS comment on #Conservatives ruling out council tax revaluation and reform This pledge perpetuates the unfairness of using values a third of a century old. It makes growth-enhancing reforms to property tax much harder. Read and 🧵 ifs.org.uk/articles/counc…

New Institute for Fiscal Studies report out from me, Heidi Karjalainen and Jonathan Cribb as part of The IFS Pensions Review. We highlight five key decisions the pensions minister will have to take after the #GeneralElection. A couple of highlights below: [1/6]

NEW: Families with children have been hit the hardest by tax and benefit changes since 2010. Read Tom Waters and Tom Wernham’s #GeneralElection report on the distributional impact of tax and benefit reforms since 2010, funded by abrdn Financial Fairness Trust: ifs.org.uk/publications/d…

.Max Warner and I have a new IFS briefing on how to interpret parties’ public spending pledges this election. Tl;dr: because we have no pre-existing spending plans by department, manifestos tell us little about the funding individual public services would actually receive.

Join us for the launch of more Institute for Fiscal Studies results on the effects of Sure Start. We've built on past work on hospitalisations and education to look at the effects on youth crime and children's social care, funded by Nuffield Foundation.

More Institute for Fiscal Studies work out on Sure Start today, looking at rare and costly outcomes. We find big drops in serious youth offending (including youth custody), but less improvement in social care interactions or school behaviour. Take a look 👇

NEW: Access to Sure Start as a child reduced the likelihood of ending up in youth custody by a fifth. THREAD on our new report, funded by Nuffield Foundation, on Sure Start’s impact on crime and social care outcomes: [1/9] ifs.org.uk/publications/e…

New report out on the EMA today. We find it did keep more students in full-time education, but this didn't pass through to better quals or earnings later on - reduced links to the labour market may have even reduced earnings. Have a read of the thread below and the report 👇

The @OBR_uk is more pessimistic about economic growth this year than it was in October. But they anticipate a rebound by the late 2020s, with the economy set to catch back up to prior forecasts in per-person terms by the end of the decade. [THREAD on the public finances]

OBR productivity growth forecasts have historically been over-optimistic. They remain above the productivity growth rates seen since 2008 – a downgrade to the OBR's forecast could cause a real fiscal headache for the Chancellor.

Tomorrow’s ONS numbers will give the first estimate of government borrowing for the entire 2024-25 financial year. The numbers up to February have already surpassed previous forecasts, and were only £5bn below that forecast for the entire year at last month’s Spring Statement.

Our new Sure Start overview report out today includes a cost-benefit analysis. These estimates are uncertain (many of the likely benefits haven’t happened yet!) but suggest Sure Start may go 90% of the way to ‘paying for itself’, with additional long-run benefits for children