Are we in a new era of austerity?

Last week, the Chancellor gave his autumn statement. In the run-up, many expected significant cuts to public spending, ushering in a new era of austerity.But did these anticipated cuts happen? How important is it to bring down debt? And after a decade of cuts in the 2010s, how are departments faring?This week, we speak with Gemma Tetlow, Chief Economist at the Institute for Government, and Carl Emmerson, Deputy Director at IFS.Become a member: https://ifs.org.uk/individual-membership Hosted on Acast. See acast.com/privacy for more information.