After a decade of austerity and the trauma of a two-year long pandemic, the UK’s public sector workers deserved some respite come 2022. Instead, they are now enduring the largest real wage cuts in recent history.
This week the UK Chancellor Rishi Sunak delivered the 2021 Autumn Budget in the House of Commons. The Budget confirms that this government has accepted a permanently larger role for the state in the economy. Spending will grow in real terms by 3.8% across government, amounting to a £111bn annual increase by 2024–25. Analysis by
The UK has embraced the big state — but lacks a vision for it Read More »
see films clips of authors introducing their chapters in PEF’s book , The Return of the State
The Return of the State – authors introduce their chapters Read More »
see film clips of PEF Council members explaining the purpose of PEF’s new book, The Return of the State
The Return of the State – Council members explain the purpose of the book Read More »
The budget was singularly lacking in ambition when it came to the government’s role in creating a sustainable, inclusive and investment-led recovery.
There was no new green stimulus despite the UK facing a £100bn funding gap to reach its net-zero by 2050 target and despite its hosting of the global COP26 climate change summit this November.
The UK budget offered no vision for sustainable economic growth Read More »
Dag Detter, Stefan Holster and Josh Ryan-Collins In his spending review this week, the Chancellor made clear the scale of the economic crisis facing the UK. Much discussion has followed as to the sustainability of the current spending commitments and public sector debt. Announcements of public sector pay freezes and cuts to foreign aid have
The public sector can generate wealth as well as debt Read More »
