Peter Levell

@peterlevell.bsky.social

Economist. Deputy Research Director at the Institute for Fiscal Studies @theifs.bsky.social. https://sites.google.com/view/peter-levell/home

Ever wondered why electricity in the UK is so expensive? And how can renewables be both “nine times cheaper” than fossil fuel but still need subsidies to get built? Then you need to listen to this podcast!

The Institute for Fiscal Studies@theifs.bsky.social · 3mo ago

NEW PODCAST: Why is UK electricity so expensive? @helenmiller.bsky.social, @peterlevell.bsky.social & Dieter Helm discuss Britain’s energy mix, the costs of renewables, net zero targets, and how policy should respond to energy price shocks. 🎧 Listen here: ifs.org.uk/articles/why...

Some incredibly important findings here for housing policy. The demand-side policies adopting the last couple of decades mostly helped relatively high earners

The Institute for Fiscal Studies@theifs.bsky.social · 4mo ago

NEW: ‘Help to Buy’ schemes mainly increased affordability for higher earners living in cheap areas, with limited impact on social mobility 🧵 @beeboileau.bsky.social, Lucas Conwell and @peterlevell.bsky.social’s new research examines the impact of Help to Buy on housing affordability: [THREAD]

Chart shows share of local properties affordable before and after Help to Buy by income quintile, 2011–12. Title states: "Higher-income people saw the largest increases in the share of properties affordable to them under Help to Buy schemes."

The new "sugar tax" in 2018 cut average sugar consumed by about 20kcal a day. The latest reforms are best seen as a tidying up exercise. Read @gautamvyas.bsky.social and Martin Brogaard's new analysis of the reforms below. And follow @gautamvyas.bsky.social for more analysis of nutrition policy!

The Institute for Fiscal Studies@theifs.bsky.social · 4mo ago

NEW: Extensions to the soft drinks sugar levy announced last autumn will affect 12% of soft drinks, but are forecast to have a tiny impact on average sugar consumption. 📊 Martin Brogaard and @gautamvyas.bsky.social’s new report examines changes to the Soft Drinks Industry Levy: [THREAD]

Chart shows reduction in daily calories per person from the implementation of the Soft Drinks Industry Levy and Budget 2025 extensions. Title states: "While the original soft drinks levy reduced average sugar consumption by almost 20kcal per day, the Budget reforms will have almost no effect."

Key context to talk about the cost of any potential energy support package: an energy price shock is already bad news in itself for the public finances. Higher inflation and interest rates would push up debt interest spending, welfare spending, and put pressure on public services.

The Institute for Fiscal Studies@theifs.bsky.social · 5mo ago

New: War in the Middle East has pushed up energy prices, which if sustained, could put pressure on households and the public finances. How might the government choose to respond? 📈 @peterlevell.bsky.social, @nickridpath.bsky.social and Bobbie Upton’s new briefing explores the options:

Excited about discussing regional inequalities at the Fiscal Studies symposium event next week! We've got a star-studded lineup of @andyburnham.bsky.social, Paul Collier, Philip McCann, @lindseymacmillan.bsky.social, @amcanning.bsky.social and more. Summary of new papers below 🧵👇

How can policy tackle regional inequalities? | Institute for Fiscal Studies

At this policy conference, researchers will present new evidence on the scale and causes of regional inequalities.

ifs.org.uk

How have rising house prices in the mid-1990s to the mid-2000s affected young people's social mobility? Sign up for our event with @helenmiller.bsky.social and @peterlevell.bsky.social at 10am on Monday on new research on how rising house prices affected inequalities ⬇️ ifs.org.uk/events/what-...

What happened to the children of the property boom? | Institute for Fiscal Studies

At this online event, IFS researchers will discuss how rising house prices shaped young people’s social mobility.

ifs.org.uk

Absolutely delighted our research has won the ONS' Research Excellence prize for impact! I always say to people that the ideal @theifs.bsky.social work is rigorous enough to publish in top journals, and relevant enough to be on the front page. I think we've ticked that box here!

The Institute for Fiscal Studies@theifs.bsky.social · 8mo ago

We're pleased to share that our report on the effects of Sure Start on children’s outcomes has won the 'Impact of Analysis' Award in this year's ONS Research Excellence Awards. 🏆 Find out more: ifs.org.uk/news/ifs-sur...

Congratulations to Christine and her collaborators - great to see this fine body of work get the recognition it deserves!

Christine Farquharson@ckfarquharson.bsky.social · 9mo ago

Absolutely delighted that our @theifs.bsky.social work evaluating the effects of Sure Start centres won the "Publication of the Year" prize at last night's @smartthinking.bsky.social awards! It's wonderful to be recognised for the quality and impact of our work. ifs.org.uk/publications...

There will be lots of speculation about tax over the next 6 weeks, for better or worse. This chapter is a plea for the government to think about how to make the system work better, rather than just raise the taxes which pose fewest short-term political hurdles. Some highlights:

The Institute for Fiscal Studies@theifs.bsky.social · 10mo ago

NEW: Rachel Reeves needs a plan for a better tax system, not a half-baked dash for revenue. 📗 Stuart Adam, Isaac Delestre and @helenmiller.bsky.social's new IFS Green Budget chapter examines the Chancellor’s options for tax increases: ifs.org.uk/publications...

Our IFS report on air pollution is out! Good news first: air pollution (PM2.5) has HALVED in England since 2003, with a big drop during Covid. There's no rebound post Covid, somewhat puzzlingly. We use DEFRA data, monitoring station data shows the same thing. (1/7) ifs.org.uk/publications...

Exposure to air pollution in England, 2003–23 | Institute for Fiscal Studies

We set out how air pollution (PM2.5) has changed across England and explore inequalities by ethnicity, income deprivation, region and age.

ifs.org.uk