2min chapter

IFS Zooms In: The Economy cover image

ELECTION SPECIAL: The UK economy since 2008

IFS Zooms In: The Economy

CHAPTER

Transforming Economic Strategies in the UK Government

This chapter examines the shift in the UK government's economic policies from austerity in the 2010s to heightened public spending during the COVID-19 pandemic. It highlights changes in taxation and public service strategies, particularly focusing on alterations in corporation and income tax policy since 2019.

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