Housing wealth inequality *within* generations is growing

As ever, John Burn-Murdoch leaves me wondering “why didn’t I make that chart?”

In the talk about the lucky half getting parental help remember: most get little but a few get a lot! (see Institute for Fiscal Studies chart from me & Bee Boileau)

Massive thanks to Bee Boileau Maddy Bishop Stuart Hoddinott Laurence O'Brien for organising a brilliant and hotly contested (🇮🇹👀) pub quiz - organisers couldn’t win, obviously

As Bee Boileau has just set out at the Institute for Fiscal Studies budget event, this is our view on the NHS spending announcements yesterday:

Unprotected public services in England are facing spending cuts of up to 3.5% per year over next parliament.

@BeeBoileau presents on the outlook for public service spending after yesterday’s #Budget2024 :

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Watch live here: youtube.com/watch?v=w4KtfK…

Inheritance tax is one of the most contentious and controversial taxes. IFS economists Bee Boileau and @david_sturrock explore the likely effects of abolishing it, and what alternative reforms exist: buff.ly/48f1Zqs via Economics Observatory

We estimate that day-to-day spending on 'unprotected' areas - including courts, prisons, and local government - is set to fall sharply in real terms under current day-to-day spending plans after 2024-25

Institute for Fiscal Studies Bee Boileau David Sturrock But what about those who cannot rely on the bank of mum and dad? Rentplus-UK turns them into homeowners with proven #RentSaveOwn model. Tenants move in with #NOdeposit , pay an #affordablerent for 5-20 years. When they buy (and 95% do) we gift them 10% towards their savings.…

Tax cuts announced yesterday paid for by reduction in real terms generosity in public service budgets says Bee Boileau at Institute for Fiscal Studies Autumn Statement analysis event.

The 2018-20 rise in the state pension age from to 66 led an extra 8% of 65 year olds staying in paid work.

Read Jonathan Cribb, Bee Boileau, and Laurence O'Brien on older workers' employment buff.ly/3BhTpbN and explore our Data Hub buff.ly/3mkZ2je
#ChartOfTheDay

Huge day - tune in at 8pm for Bee Boileau’s big Radio 4 debut

David Phillips Bee Boileau Institute for Fiscal Studies Is chapter 2 published yet? I'm not sure from the website what's published and still to be published. I'm interested in the SFC's changed forecast noted below, and any additional detail you have on that. Thanks

🚨 Read my NEW @theIFS briefing on the Scottish Government funding outlook with Bee Boileau.

💷 More funding in short-term
🩺 Funding for health likely to squeeze other areas
📉 Barnett squeeze is a key long-term issue

ifs.org.uk/publications/o…

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1⃣ week to go until our @theIFS #ScottishBudget 2024-25 presentation event.

💷 Tax, spend and the funding outlook with Bee Boileau
🩺 Health staffing & activity with Max Warner
🧑‍🎓HE funding with Kate Ogden

Chaired by yours truly!
10am 22nd Feb

Sign up⬇️⬇️

Our Scottish Budget event is today at 10am — I’ll be discussing the overall outlook for tax and spend, Max Warner will talk about NHS staffing and activity, and Kate Ogden about higher education.

Do tune in!

STARTING NOW: Scottish Budget 2024-25: IFS analysis

David Phillips, Bee Boileau, Kate Ogden and Max Warner present their analysis ahead of the final Scottish Parliament vote on the budget.

Watch here: youtube.com/watch?v=vFApyr…
Ask questions here: app.sli.do/event/k42DJNRq…

Tonight on The Briefing Room at 8pm on
BBC Radio 4 with David Aaronovitch- bbc.co.uk/programmes/m00… - expert insight from Torsten Bell Mike Crowhurst Bee Boileau Tony Wilson James Kirkup. Edited by Richard Vadon

Well done to Age UK Campaigns for organising todays excellent discussion about helping older people stay in work or find new roles to help avoid poverty and improve their own and the country's economic wellbeing. Thanks to Bee Boileau @centreforageingbetter and Age UK Campaigns

Louis Coiffait-Gunn💙💛 Institute for Fiscal Studies David Sturrock Nuffield Foundation Luke Sibieta Kate Ogden Christine Farquharson Paul Johnson Economic and Social Research Council Bee Boileau Jack Price

David Sturrock John Burn-Murdoch Institute for Fiscal Studies Bee Boileau Does the data allow you to see the average age of those getting the massive transfers? Wonder if they tend to be younger/older than the average FTB