Insights

A Labour victory at the next general election would bring expectations of a major change in approach to fiscal policy. However, there are economic, public finance and political reasons why this may be less marked than some expect. 

UK Chancellor Jeremy Hunt announced the long-awaited Autumn Statement yesterday, detailing the new government’s tax and spend commitments alongside the OBR’s economic forecast. The delay of the budget provided Sunak and Hunt with more time to agree on areas of public spending to potentially cut. It seeks to demonstrate the economic competence and fiscal credibility that…

There is an unusual and unfamiliar mood in the Labour Party these days: optimism. Labour has held an unbroken lead over the Conservatives in the polls for the past seven months. Since autumn of last year, Labour leader Keir Starmer has led Boris Johnson on perceptions of who would make the best Prime Minister. Labour has pulled more or less level with the Conservatives on…

Announcing his American Families Plan in April, President Biden pledged “to close the carried interest loophole so that hedge fund partners will pay ordinary income rates on their income just like every other worker”. Yet the draft reconciliation bill that appeared from Congressional Democrats on Thursday included a range of new taxes on high earners but replaced Biden’s…

Rishi Patel, Policy Communications Practice Lead; Alex Dawson, UK Politics and Policy Practice Lead; and Matt Bevington, Senior Associate unpack what you need to know about the impact of the 'super Thursday' elections on UK politics.

The dominance of the Big Four is over. At least, that’s the headline the government wants to talk about. After all, who could argue with breaking up oligopolies and increasing competition? But the most significant proposals in the government’s white paper on ‘Restoring trust in audit and corporate governance’ in fact relate to the second part: corporate governance. These…