Britain's fiscal squeeze: the choices ahead

Britain's fiscal squeeze: the choices ahead
Document type
Briefing
Author(s)
Chote, Robert; Crawford, Rowena; Emmerson, Carl
Publisher
Institute for Fiscal Studies
Date of publication
1 September 2009
Series
The Institute for Fiscal Studies Briefing Notes
Subject(s)
Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

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This briefing note discusses some questions that all parties will have to grapple with when dealing with public finances; specifically: how big will the fiscal tightening need to be? When should it start? How rapidly should it be completed? How should the pain be spread between tax increases, cuts in planned spending on public services and cuts in projected welfare payments? What specific measures could the parties opt for?

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