maxwarner.bsky.social
Economist at the IFS working on healthcare, public spending and public sector productivity https://ifs.org.uk/people/max-warner
👤 Joined on 16 August 2024
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@maxwarner.bsky.social“If the Chancellor simply pencils in implicit cuts that he knows he would never be willing to deliver, his plans to cut borrowing, and thereby meet the fiscal rules, won’t be realistic.” @helenmiller.bsky.social outlines John Healey's choices as part of the IFS Green Budget 2026, out today.
Show PostNEW: The Chancellor’s fiscal ‘headroom’ could be larger than many expect, but spending pressures will be a key challenge for John Healey at the Budget. 🧵 Here are the main findings from our 2026 IFS Green Budget, funded by @nuffieldfoundation.org in association with Barclays:
Show PostQuite an enjoyable juxtaposition on the FT app, with an article from @chrisgiles.ft.com describing £ billion estimates of fiscal headroom as an "unhelpful invention" next to an article from his colleagues leading on a £ billion estimate of the Chancellor's fiscal headroom.
Show PostNEW: Electricity prices in the UK are among the highest in the G7. Why is this? And what can the government do about it? Our new IFS Green Budget chapter explains: [THREAD] ⬇️
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