General election 2024: What are the public finance challenges facing the next government?

Published: June 27, 2024, 12:33 p.m.

Despite historically large tax increases since 2019, the current government\u2019s plans imply debt continuing to rise for several years and only barely beginning to fall in five years\u2019 time \u2013 and then only on the basis of implausible plans for public spending and rises in fuel duty that no government since 2011 has managed to implement. \n\nDrawing on Ipsos polling, this Institute for Government event discussed: What are the problems that will face a new government? How would the public like the next government to address these issues? How can the next government make progress on delivering its ambitions while maintaining fiscal sustainability?