This briefing outlines the current macroeconomic situation and disentangles the binding constraints on fiscal policy in the short term and the medium term.
We challenge the notion that spending cuts are somehow inevitable for restoring macroeconomic stability. We set out an approach that would both stabilise the economy and ensure that public services are on a secure footing.
Snakes and ladders: Tackling precarity in social security and employment supportAcross the country, people are trying to make ends meet, build financial security and pursue their aspirations. But, in a vicious cycle of snakes and ladders, many are being pulled down into poverty.
Making markets: The City's role in industrial strategyTo tackle climate change, we need a significant increase in public and private capital investment.
Broken hearted: A spotlight paper on cardiovascular diseaseProgress on cardiovascular disease was a significant driver of better health and prosperity in the latter half of the 20th century, however progress has recently stalled – with indications it may be in reverse.