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Britain's fiscal squeeze: the choices ahead

Chote, R.; Crawford, R.; Emmerson, C.; Tetlow, G.; (2009) Britain's fiscal squeeze: the choices ahead. (IFS Briefing Notes BN87 ). Institute for Fiscal Studies: London, UK. Green open access

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Abstract

The economic and financial crisis that has unfolded over the last two years has caused a dramatic deterioration in the UK's public finances, with public sector borrowing set to peak this year at a level not seen since the Second World War and public sector indebtedness set to climb to levels not seen since the late 1960s. With the next general election less than a year away, the Government and the main opposition parties alike will be under pressure to offer more detailed proposals to repair the public finances. This note discusses some of the key questions all the parties will have to grapple with.

Type: Report
Title: Britain's fiscal squeeze: the choices ahead
Open access status: An open access version is available from UCL Discovery
Publisher version: http://dx.doi.org/10.1920/bn.ifs.2009.0087
Language: English
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery.ucl.ac.uk/id/eprint/18291
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