This week’s chart looks at how the government is relying on a strong inflow from self-assessment and employee bonuses to meet its revised fiscal targets for the financial year to March 2026.
Our chart looks at civil service numbers given that restructuring is in the air in Whitehall. Will the government really be able to deliver on its plans to cut administration costs and civil service headcount over the coming three years?
Our chart this week returns to the scene of the Budget as we publish an in-depth analysis of its effect on the public finances and how it was ‘all about the headroom’.
The Bank of England’s Christmas present to the nation of a cut in interest rates prompts our chart of the week to take a look at what is going under the hood of inflation.
Our chart this week illustrates the fall, rise and fall again of net inward migration over the past eight years and asks whether it will bounce back to hit the OBR’s long-term assumption by the end of the decade.
Our chart this week illustrates how despite being a “tax-raising Budget”, the cumulative net effect of all the changes announced last week is to add £61bn to the public sector net debt forecast for 31 March 2030.
Our chart this week looks at how the Chancellor used tax rises to refill and increase her budget headroom after forecast revisions and spending increases eliminated the projected current budget surplus for 2029/30.
