Election Special - The UK Economy Since 2008 | Ifs Zooms In

5th June 2024

Since 2008, the UK economy has faced a series of shocks and challenges, leaving the next government with a difficult task. From low growth to falling living standards, we ask what structural problems the next government faces.

We also tackle announcements on limiting tax rises, apprenticeships and the NHS waiting list.

00:00 - Introduction
2:26 - How has our economy grown since 2010?
5:45 - Bad luck vs poor government performance
8:32 - UK performance vs other G7 countries
9:58 - UK reaction to economic shocks
13:26 - What's happened to living standards?
15:13 - The surprising truth about income inequality
17:20 - Homeownership rates amongst the young
19:44 - Electoral tax promises
23:48 - Politics vs economics in tax
26:30 - Apprenticeship policy announcements
34:55 - Record levels of young people out of work, education and training
36:58 - NHS waiting list announcements
47:58 - Final thoughts