Pension triple lock unsustainable, warns IFS Benefits system increasingly skewed towards parents and pensioners, says Institute for Fiscal Studies The Independent UK · Feb 1, 2023
Teachers’ pay cut by £6,600 since 2010, says Institute for Fiscal Studies IFS says pay erosion helps explain why traditionally moderate teaching unions are considering strike action The Guardian - UK · Jan 12, 2023
Teachers hit by 5% real terms fall in wages - on top of decade of Tory cuts Three major education unions - the NEU, NASUWT and the NAHT - are balloting their members over whether to take strike action over pay, with the results expected to be announced in the coming days Daily Mirror · Jan 11, 2023
Budget overstated public spending increases, says think tank The Institute for Fiscal Studies said £1.3 billion of in-year spending rises were not included in the Scottish Government’s figures for this year. The Independent UK · Dec 17, 2022
Budget overstated public spending increases, says think tank The Institute for Fiscal Studies said £1.3 billion of in-year spending rises were not included in the Scottish Government’s figures for this year. The Independent UK · Dec 16, 2022
Colleges and sixth forms to bear brunt of funding squeeze, “stark” IFS report warns Early years education, colleges, sixth forms and universities will all face a difficult few years ahead, experts have warned. The Independent UK · Dec 12, 2022
Early years education and colleges to bear brunt of funding squeeze – IFS Early years education, colleges, sixth forms and universities will all face a difficult few years ahead, experts have warned. The Independent UK · Dec 12, 2022
Why you're less likely to get rich these days if your parents aren't already wealthy Improvements in living standards over generations have been taken for granted in recent history, but these days young people are looking worse off than their parents in one major area: wealth. The Conversation · Dec 5, 2022
“The truth is we just got a lot poorer” “I have come here to chew bubblegum and kick ass. And I’m all out of bubblegum.” This is not a direct quote from Paul Johnson, director the Institute for Fiscal Studies think tank, but it is a close approximation. Evening Standard · Nov 18, 2022
UK economy damaged by ‘own goals’ like Brexit and Liz Truss’s Budget, economists say Institute for Fiscal Studies says UK faces ‘long, unpleasant journey’ over next few years The Independent UK · Nov 18, 2022
Autumn Statement: Brits 'just got a lot poorer' with Middle England 'set for a shock' After the Autumn Statement, the director of the Institute for Fiscal Studies Paul Johnson said he would be 'most surprised' if the tax burden returns to pre-Covid average 'at any time in the coming decades' Daily Mirror · Nov 18, 2022
Jeremy Hunt slams Tory MPs attacking tax rises: ‘Nothing Conservative about ducking difficult decisions’ Chancellor hits back at MPs attacking his £24 billion of tax rises Evening Standard · Nov 18, 2022
Institute for Fiscal Studies warns against cutting spending on sixth forms Thinktank says any reduction would ‘sit uncomfortably’ with pledge to focus on skills and economic growth The Guardian - UK · Oct 24, 2022
Corporation tax U-turn: why the latest change means more uncertainty for UK business Before the new UK chancellor, Jeremy Hunt, rolled back almost all of September’s mini-budget measures, the first tax cut to go was Liz Truss’s plan to scrap a corporation tax rise. The Conversation · Oct 18, 2022
Daily Record · Oct 17, 2022 Independent Scotland could face 'bigger cuts to spending and higher tax rises' than rest of UK The Institute for Fiscal Studies said the latest Scottish Government briefing paper on independence "skirts around" tough spending choices.
Wales Online · Oct 16, 2022 Teachers threatening strikes told Welsh Government simply can't afford to pay what they want Welsh Government education minister Jeremy Miles said the unions' 12% pay demand was 'reasonable' but the cash simply isn't there
The Guardian - UK · Oct 14, 2022 NI to stamp duty: what is left of Kwasi Kwarteng’s mini-budget? After series of U-turns and Kwarteng’s sacking as chancellor, here is where things stand
Evening Standard · Oct 11, 2022 No return to austerity under Liz Truss despite budget shortfalls, says Downing Street The Prime Minister also remained ‘committed’ to the growth measures set out in the Chancellor’s mini-budget, her official spokesman said
Wales Online · Oct 11, 2022 Government needs £60bn public spending cuts to tax giveaway Institute for Fiscal Studies says it is not possible to deliver cuts on that scale through efficiency savings
The Independent UK · Oct 11, 2022 Inside Politics: ‘Material risk to UK financial stability’ IFS issues warning to chancellor on tax and spend plans as BoE steps in again to calm market turoil caused by chancellor’s ‘mini-Budget’, writes Matt Mathers
The Guardian - UK · Oct 11, 2022 IMF steps up criticism of mini-budget after ‘disorderly’ rise in borrowing costs – as it happened International Monday Fund says a ‘change in fiscal policy’ would help calm bond markets…on day that Bank of England steps up its bond-buying support
The Independent UK · Oct 10, 2022 Kwarteng faces finding £60bn of public spending cuts, says IFS The Institute for Fiscal Studies said efficiency savings and ‘trimming the fat’ will not be enough to get debt falling.
The Independent UK · Oct 6, 2022 Ex-Tory minister willing to get ‘kicked out’ of party by rebelling on benefit cuts Johnny Mercer vows to defy whip and claims Liz Truss ‘urinating’ on promises
Daily Mirror · Oct 6, 2022 Households to lose £2 in 'stealth' tax raid for every £1 gained under Liz Truss's plans The Institute for Fiscal Studies (IFS) found households will lose more over the next three years than they will gain from Tory cuts to personal taxes
The Independent UK · Oct 5, 2022 £2 taken from households in ‘stealthy’ freezes for every £1 in tax cuts – IFS By 2025–26, freezes will take away £2 for every £1 given to households through the headline personal tax cuts, the Institute for Fiscal Studies said.