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PolicyEngine UK in 2024: A year in review

From AI-powered analysis to election impact, we transformed policy research through technology.

By max ghenis and nikhil woodruff

28 December 2024

2 min read

PolicyEngine UK in 2024: A year in review

Contents

Platform evolution

Behavioural response modelling

AI-powered explanations

Enhanced user experience

Policy analysis impact

Election year coverage

Budget analysis

Future developments

Learn more

In 2024, PolicyEngine UK made significant strides in democratising policy analysis through technological innovation and comprehensive coverage of major policy developments. Together with our achievements in the US, we've expanded the frontier of evidence-based policymaking on both sides of the Atlantic. Here’s a detailed look at our achievements and impact this year.

Platform evolution#

Our platform underwent major technological advances to enhance both capability and accessibility:

Behavioural response modelling#

We introduced sophisticated behavioural response modelling 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.

AI-powered explanations#

Our new AI-powered tax and benefit explanations break down complex calculations into clear, understandable language. This feature makes policy analysis more accessible to users regardless of their technical background.

Enhanced user experience#

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.

Policy analysis impact#

Election year coverage#

In preparation for the election, we provided detailed analysis of major party manifestos:

Our innovative manifesto comparison calculator enabled citizens to understand both personal and societal impacts of each party’s platform.

Budget analysis#

We delivered comprehensive analysis of both major fiscal events:

Our Spring Budget 2024 assessment covered:

  • National Insurance reforms

  • High Income Child Benefit Charge adjustments

  • Fuel duty impact analysis

For the Autumn Budget, we examined:

Future developments#

With support from the Nuffield Foundation, we’re embarking on several initiatives to further enhance PolicyEngine UK in 2025:

  • Creating representative micro-datasets for each local authority and constituency

  • Integrating childcare subsidies and public service spending analysis

  • Developing an open dashboard for model validation

  • Continuing monthly training sessions we started in the fall

Learn more#

Watch our end-of-year webinar for a comprehensive review of our achievements and platform capabilities. Visit policyengine.org to explore our tools and contribute to evidence-based policy discussions.

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