Topic Hub: The Fiscal Rules
The UK’s current fiscal rules, designed as a way to guide government policy, have resulted in some unintended consequences. NIESR has long advocated reforming both the rules and wider fiscal framework to help revive our stagnant economic growth and encourage increased levels of investment.
In the News
Fiscal Rules: What Value If They Change Whenever Politically Convenient?
28 Oct 2024
6 min read
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Time to scrap current fiscal rules – and focus on more explicit policy evaluation, NIESR research shows
23 Apr 2021
4 min read
Blogs
Spring Statement 2025: Fiscal Rules, Growth Pressures, and Policy Choices
24 Mar 2025
4 min read
Publications
A Macroeconomic Analysis of the Main Parties’ Spending Pledges
24 Jun 2024
General Election Briefing
Another Look at a Sensible Fiscal Policy for the Sharp Rise in Government Debt
20 Nov 2023
National Institute Economic Review
Commentary: The Missing Link: Modelling Potential Output and Fiscal Rules
20 Nov 2023
National Institute Economic Review
Commentary: Monetary and Fiscal Policy Redux – The Mini-Budget
04 May 2023
National Institute Economic Review
Commentary: Proposals for a New Fiscal Framework
23 Jun 2021
National Institute Economic Review
Designing a New Fiscal Framework: Understanding and Confronting Uncertainty
26 Apr 2021
Occasional Papers
Modelling State-Contingent Fiscal Rules in the United Kingdom
04 Nov 2020
National Institute Economic Review
Commentary: Monetary Policy in Troubled Times
27 Apr 2020
National Institute Economic Review
A Switch to Active Fiscal Policy: NIESR Response to Budget 2020
11 Mar 2020
Budget/Fiscal Event Comment
Fiscal discipline: rules rather than institutions
03 Aug 2011
National Institute Economic Review