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EXPLAINED: 3 | Rare Historical Photos

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 10, 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

The Independent UK · 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

Daily Mirror · Oct 6, 2022

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£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.

The Independent UK · Oct 5, 2022

UK Treasury chief to set out tax-slashing emergency budget

The U.K. government will publish an emergency budget statement outlining how it plans to slash taxes, tame soaring inflation and boost economic growth as a recession looms on the horizon

The Independent UK · Sep 23, 2022

Pound plunges through $1.09 as former US Treasury secretary blasts ‘naive’ UK policies in mini-budget– as it happened

Sterling has tumbled by over three cents to 37-year low, and UK gilt yields are surging, after Kwasi Kwarteng announced huge unfunded tax cuts

The Guardian - UK · Sep 23, 2022

What to expect in tomorrow's Mini-Budget - Stamp Duty, energy bills and National Insurance

Everything we know about Kwasi Kwarteng's statement tomorrow - from Bankers' Bonuses to the real living wage.

Chronicle Live · Sep 22, 2022

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Mini-Budget 2022: All predictions with Stamp Duty, energy bills and National Insurance

What time is the mini-Budget? Will it increase the real living wage? And why on earth is it tipped to axe the bankers' bonuses cap? Here's everything we know about Kwasi Kwarteng's statement

Daily Mirror · Sep 22, 2022

Chancellor Kwasi Kwarteng to deliver biggest tax cuts since Nigel Lawson’s Budget 34 years ago, says IFS

The Institute for Fiscal Studies also warned the Government’s dash for growth may not deliver on anything like the scale hoped for

Evening Standard · Sep 22, 2022

Liz Truss’s plans for tax cuts ‘a gamble at best’, says leading think tank

The Institute for Fiscal Studies said the new PM risks putting the public finances on an ‘unsustainable path’

Evening Standard · Sep 21, 2022

‘Who pays?’: Labour go on the attack over Truss’s energy plans

Opposition says PM has not detailed how she will fund her price freeze after ruling out windfall tax

The Guardian - UK · Sep 19, 2022

Economist explains how UK energy crisis plan will affect bills and inflation

More on who will ultimately be left to foot the bill

Wales Online · Sep 19, 2022

How the UK energy crisis plan will affect bills and price inflation — an economist explains

A rapid rise in energy prices for households and businesses this year has led the UK government to outline its energy price guarantee plan, designed to ensure a typical household will pay no more than £2,500 annually for two years from October 1 2022. Businesses will have their energy costs…

The Conversation · Sep 14, 2022

Liz Truss warned 'simplistic' tax cut plans would 'completely crash' the economy

Institute for Fiscal Studies boss Paul Johnson tore into the Conservative frontrunner's tax plans - as ex-Chancellor Lord Darling warned of the 'lethal cocktail' facing the British economy from inflation and a looming recession

Daily Mirror · Aug 29, 2022

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The Independent UK · Aug 29, 2022

‘Simplistic’ Liz Truss warned her VAT cut will ‘crash the public finances’

Institute for Fiscal Studies attacks ‘worrying’ idea – amid fresh confusion over likely next PM’s plans for energy crisis

The Independent UK · Aug 17, 2022

Tax cuts pledged by Liz Truss and Rishi Sunak not possible without slashing spending, economists say

Institute for Fiscal Studies criticises Tory leadership contenders for failing to be upfront about economic crisis

The Independent UK · Aug 17, 2022

Tory leadership tax cut promises ‘hard to square’ with UK’s future, experts warn

The Institute for Fiscal Studies said ‘permanent tax cuts’ could exacerbate pressures on the public purse.

The Independent UK · Aug 15, 2022

Educational disadvantage gap virtually unchanged in 20 years, says report

The pandemic has significantly worsened overall outcomes as well as widening inequalities, the Institute for Fiscal Studies said.

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Daily Mirror · Aug 5, 2022

Next PM must find 'many more billions' in energy bill help - as hikes branded 'inhumane'

Institute for Fiscal Studies (IFS) chief Paul Johnson said it was a 'mystery' why Tory leadership hopefuls were obsessing over tax cuts when the country was heading into recession

Evening Standard · Aug 5, 2022

The Standard View: Recession warning lays bare the harsh realities facing the next Tory leader

Amid projections of higher inflation and a recession that could last more than a year, the Institute for Fiscal Studies has made one thing clear: whoever wins the Conservative leadership election will have to provide more support for households.

The Guardian - UK · Aug 5, 2022

Sunak defends taking money from deprived urban areas as he faces latest hustings with Liz Truss – as it happened

Candidates face Tory members in Eastbourne; former chancellor, who was filmed saying he tried to divert funds from ‘deprived urban areas’, says it was sensible

The Guardian - UK · Aug 1, 2022

Schools in England face funding crisis as costs soar, study warns

Institute for Fiscal Studies says spend per pupil set to be lower in 2025 than in 2010, with budgets already under strain from rises in food, energy and wage bills

Daily Record · Jul 28, 2022

Hundreds of West Dunbartonshire families on benefits are being affected by two-child limit on payments

Institute for Fiscal Studies report, published last week, found that benefit cuts had pushed up child poverty levels prior to the Covid-19 pandemic, with families with three or more children seeing “substantially larger” increases.

The Independent UK · Jul 13, 2022

Share of children in material deprivation ‘fell by a quarter before pandemic’

Relative child poverty rose over the same period, the Institute for Fiscal Studies found.

Wales Online · Jul 8, 2022

This is how much councils spend on each child's education in Wales

There is a £1,352 gap depending on where children go to school with 6.3% more budgeted for school spending across Wales

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