On 15 March 2023, the Chancellor of the Exchequer, Jeremy Hunt MP, delivered the Spring Budget to the House of Commons. The Government wants the Budget to deliver on the priorities set out by the Prime Minister to halve inflation, grow the economy, and get debt falling. Hunt presented his approach as a four-pillar ‘Industrial …
Responding to today’s Budget Statement, Dr Peter O’Brien, Executive Director of Yorkshire Universities, said: “The forecast that inflation will fall by the end of the year is positive. However, it is important that any direct and indirect effects of reduced rates of rising prices are passed quickly on to consumers and businesses. We welcome the …
Here at Y-PERN we boast economic experts from across the 12 Universities in Yorkshire. The Spring Budget is nearly upon us and we thought it could be useful to ask our experts what they would like to see announced tomorrow. Professor Dave Spicer, Director of Business and Community Engagement in the School of Management at …
Dr Richard Whittle, Y-PERN Chief Policy Fellow and Academic Policy Fellow at the University of Leeds We are in turbulent times, the pandemic and transformation of our economy is a very recent memory and continues to be a pressing threat. Inflation is tearing through the UK economy hitting savings, the purchasing power of our incomes …
Neil Barnett, Y-PERN Senior Policy Fellow based at Leeds Beckett University Some quick thoughts on the Budget. It seems the Chancellor will have some leeway, but the demands and hopes for funding are, following years of Austerity, and the impact of inflation on budgets, limitless. With respect to broader policy issues, changes to child care …
Professor Alexander Nunn, Y-PERN Academic Steering Group member and Dean of Research, Leeds Trinity University Wide-ranging and long-term support needed across a range of policy domains including employment services, skills, housing, transport, childcare, workforce wellbeing and immigration. It is widely noted that employers are facing labour shortages. The latest data from the ONS suggests that around …
Dr Andy Mycock, Y-PERN Academic Steering Group Member and Reader in Politics, University of Huddersfield The Spring Budget will be of particular interest to those who have charted efforts by the UK Government to rebalance or ‘level up’ the country over the past decade or so. It is uncertain as to whether ‘levelling up’ will …
