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Articles on Austerity

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Former PM Gordon Brown says more than 3 million children born after 2010 live in poverty. Victoria Jones/PA Images/Alamy

Gordon Brown wants £3 billion for the ‘austerity generation’. But the UK needs a more enduring solution

Targeting benefits at the most vulnerable sounds like good sense – but a wider support system could be more effective at tackling poverty.
People march with a banner that reads in Spanish ‘Stop the adjustment, out with the IMF,’ in Buenos Aires, Argentina on May 9, 2023. (AP Photo/Victor R. Caivano)

Improving how the IMF does business could help billions of people worldwide — by giving governments money to spend on public goods and increasing accountability. Podcast

The conditions placed on countries borrowing money from the International Monetary Fund have further disadvantaged these countries economically.
Chancellor Jeremy Hunt:  even in a crisis, don’t expect the government to play with a straight bat. Ian Davidson/Alamy

Autumn statement is highly political compared to research on ‘best’ ways to fix public finances

Cutting infrastructure spending and maintaining the pensions triple lock are among the questionable moves in Jeremy Hunt’s statement.

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