Tag Archives for Budget

Budget 2017: Facilitating Homeownership to build political support

James Wood

The recent Budget showed the Conservatives following Thatcher’s example of facilitating homeownership as a means to build political support The 2017 Budget introduced a series of policy measures aimed at tackling Britain’s growing owner-occupied housing crisis, which, at its core, is a crisis of affordability. Since the 1980s, house prices have increased in Britain at a faster rate than in … Continue reading

11 December 2017 by
Categories: SPERI Comment | Tags: , , , , | Leave a comment

George Osborne’s legacy lives on in Philip Hammond’s latest budget

The Chancellor glossed over terrible forecasts, delivered more hype than substance on industrial strategy, and succumbed to another housing market stimulus. But the Osbornomics bag of budget tricks is delivering diminishing returns for the British economy Philip Hammond lacks the showmanship of George Osborne, but his latest budget taught us, if nothing else, that he is a great deal funnier. … Continue reading

23 November 2017 by
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Talking the politics of welfare

Liam Stanley

More and more evidence shows that it matters considerably that British governments have lately been deploying the word ‘welfare’ in an official capacity Imagine you are a government minister or a particularly influential civil servant.  Lucky you: you are introducing some new legislation that, say, proposes that all benefit claimants must attend interviews within three days of making their first … Continue reading

16 March 2016 by
Categories: Politics and policy, SPERI Comment, Tax, Welfare | Tags: , , , , , , , | Leave a comment

What six public opinion graphs tell us about austerity

Liam Stanley

A majority of the British population has consistently expressed the belief over a period of several years that spending cuts to cut the government’s deficit are ‘necessary’ Austerity was meant to be over by now in the UK.  The country living comfortably within its means.  The books balanced.  But, with the Coalition government consistently missing its deficit-reduction targets, this is … Continue reading

9 July 2015 by
Categories: Austerity, Social science, SPERI Comment, Welfare | Tags: , , , , , , | 1 comment

Conservative debt-reduction strategies and Victorian morals

Matthew Watson

Even though ‘Victorian values’ have become bywords for reactionary social policy, the 1866 budget shows that today’s Conservative Party fares badly by comparison Throughout the current parliament the UK Coalition Government has been beset by accusations that its welfare reforms echo the Victorian treatment of some of society’s most vulnerable citizens.  Perhaps I should reveal my hand straightaway by saying … Continue reading

25 March 2015 by
Categories: Economics, Inequality, Politics and policy, SPERI Comment | Tags: , , , , | Leave a comment

Pensions, fairness and Lamborghinis

Craig Berry

Budget changes to the annuities market are a lesson in the fallacies of freedom   From April 2015, individuals in defined contribution pension schemes will no longer be required to ‘annuitise’ their pensions saving, that is, turn their pot of savings into a lifelong, regular income by purchasing an annuity product from an insurance company. Boris Johnson’s response typified the … Continue reading

26 March 2014 by
Categories: SPERI Comment | Tags: , , , , , , , , | 3 comments

SPERI Research mentioned in Parliamentary Debate

In a parliamentary budget debate yesterday, Paul Blomfield MP referred to recent SPERI Research to argue that the budget does nothing to tackle regional inequalities and the north/south divide: “The Budget does not just ignore those issues; it is making them worse. Research by Sheffield political economy research institute has exposed the Chancellor’s flagship increase in the income tax  personal allowance as … Continue reading

25 March 2014 by
Categories: Video | Tags: , , , , , , | Leave a comment

Response to the budget: podcast & policy brief

SPERI Research Fellow Craig Berry responds to Osborne’s budget announcement in both the latest Policy Brief series and in the video below, arguing that changes to tax allowances will not help the lowest paid in Northern regions. Berry argues that the lowest-paid workers do not benefit at all from the Budget measure to increase the income tax personal allowance and … Continue reading

21 March 2014 by
Categories: Craig Berry, Publications | Tags: , , , , , , , , , , | Leave a comment

What does the Chancellor need to do?

Britain’s crisis continues. As we see-saw seemingly incessantly between failed recovery and recession (double-dip, triple-drip, quadruple-dip …) it is time for the Chancellor to think again. It is not so much Plan B that we need so much as an entirely different way of thinking about the crisis we face. This is, as even the IMF can see, a crisis … Continue reading

20 March 2013 by
Categories: Colin Hay, Publications, Research | Tags: , , , , , , | Leave a comment