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UK 2024 year in review
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In 2024, PolicyEngine UK made significant strides in democratising policy analysis through technological innovation and comprehensive coverage of major policy developments. Here’s a detailed look at our achievements and impact this year. | ||
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<center><iframe width="560" height="315" src="https://www.youtube.com/embed/1JAjg_sBZSs" frameborder="0" allowfullscreen></iframe></center> | ||
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## Platform evolution | ||
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Our platform underwent major technological advances to enhance both capability and accessibility: | ||
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### Behavioural response modelling | ||
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We introduced sophisticated [behavioural response modelling](https://policyengine.org/uk/research/behavioural-responses) for both labour supply and capital gains, enabling more nuanced analysis of how policy changes influence individual economic decisions. This advancement allows users to better understand the dynamic effects of tax and benefit reforms. | ||
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### AI-powered explanations | ||
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Our new [AI-powered tax and benefit explanations](https://policyengine.org/uk/research/uk-household-ai) break down complex calculations into clear, understandable language. This feature makes policy analysis more accessible to users regardless of their technical background. | ||
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![](https://cdn-images-1.medium.com/max/2000/0*JlUblY7SyFZ-6W-2) | ||
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### Enhanced user experience | ||
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The introduction of user accounts now allows researchers and policy analysts to save and track their policy simulations over time, facilitating more comprehensive longitudinal analysis. | ||
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## Policy analysis impact | ||
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### Election year coverage | ||
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In preparation for the election, we provided detailed analysis of major party manifestos: | ||
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- [Labour](https://policyengine.org/uk/research/labour-2024-manifesto) | ||
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- [Conservatives](https://policyengine.org/uk/research/conservative-2024-manifesto) | ||
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- [Liberal Democrats](https://policyengine.org/uk/research/lib-dem-2024-manifesto) | ||
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Our innovative [manifesto comparison calculator](https://policyengine.org/uk/2024-manifestos) enabled citizens to understand both personal and societal impacts of each party’s platform. | ||
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![](https://cdn-images-1.medium.com/max/2198/0*dsVB47oKiySshCUP) | ||
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### Budget analysis | ||
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We delivered comprehensive analysis of both major fiscal events: | ||
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Our [Spring Budget 2024](https://policyengine.org/uk/research/uk-2024-spring-budget) assessment covered: | ||
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- National Insurance reforms | ||
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- High Income Child Benefit Charge adjustments | ||
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- Fuel duty impact analysis | ||
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For the Autumn Budget, we examined: | ||
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- [Changes to employer National Insurance](https://policyengine.org/uk/research/autumn-budget-24-employer-ni) | ||
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- [Capital Gains Tax reforms](https://policyengine.org/uk/research/cgt-autumn-budget) | ||
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- [Private school VAT implementation](https://policyengine.org/uk/research/vat-school-comparison) | ||
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- [Fuel duty freeze continuation](https://policyengine.org/uk/research/autumn-budget-24-fuel-duty) | ||
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![](https://cdn-images-1.medium.com/max/2000/0*uWZp_57V9_wILFjm) | ||
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## Future developments | ||
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![](https://cdn-images-1.medium.com/max/2000/0*9jZJm9_IHxclHfdA) | ||
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With [support from the Nuffield Foundation](https://policyengine.org/uk/research/uk-nuffield-grant), we’re embarking on several initiatives to further enhance PolicyEngine UK in 2025: | ||
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- Creating representative micro-datasets for each local authority and constituency | ||
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- Integrating childcare subsidies and public service spending analysis | ||
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- Developing an open dashboard for model validation | ||
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- Continuing [monthly training sessions](https://us06web.zoom.us/meeting/register/uAPu44gCRZuXJv7lZvM0GQ) we started in the fall | ||
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![](https://cdn-images-1.medium.com/max/2592/0*Zssa4z97z_5Ye5Ws) | ||
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## Learn more | ||
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Watch our [end-of-year webinar ](https://www.youtube.com/watch?v=1JAjg_sBZSs)for a comprehensive review of our achievements and platform capabilities. Visit [policyengine.org](https://policyengine.org) to explore our tools and contribute to evidence-based policy discussions. |
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