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The Latest Breaking News from IFS

DWP could scrap PIP for millions of high earners to save £8bn, Burnham told

The controversial suggestion has been criticised by disability charities

The Independent UK

Is university still worth it? What you need to know before committing

With AI, an unsettled jobs market and rising student costs, it’s crucial to make the most of your experience

The Guardian - UK

Rs 15 lakh fraud money credited to senior citizen’s account, police wanted to question him; HC grants anticipatory bail on this ground

Criminals deposited Rs 15 lakh in senior citizen’s bank a/c; police wants to question him; HC grants anticipatory bail and observes mere deposit of crime money in a/c insufficient to conclude he was knowingly involved in the crime

The Economic Times

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Video Games Are Not Making Men Miserable

Video games, pornography, and gambling: One of these things just doesn't belong!

Reason

We Now Have an 'Addiction Economy' Trapping a Generation of Young American Men, Family Researcher Warns

A study highlights the prevalence of daily gambling, pornography, and gaming among young men, linking these habits to increased feelings of failure, loneliness, and depression, sparking debates on regulation.

International Business Times UK

You can’t trick the markets with extra borrowing, experts and former chancellor warn Burnham

Former Conservative chancellor Phillip Hammond told The Independent that the bond markets ‘will see straight through this ruse and price UK debt up accordingly’

The Independent UK

'It's Only £3 a Month': Why Some Britons Say Burnham's Energy Tax Cut Doesn't Go Far Enough

Andy Burnham's VAT cut on electricity bills aims to ease the cost-of-living crisis, saving UK households £45 annually. Critics argue the relief is minimal amidst rising expenses.

International Business Times UK

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What will Andy Burnham’s VAT cut on electricity bills mean for you?

New prime minister is implementing immediate tax cut to help ease cost of living pressures for British households

The Guardian - UK

Pronatalists Want To Boost Fertility With Blue Laws and Government-Enlisted Fertility Influencers

The Institute for Family Studies wants to increase America's birth rate. Some of its ideas are a little far out.

Reason

Who is Krishna Mohan? Former IFS officer appointed interim general secretary of Ayodhya Ram Temple Trust

Krishna Mohan has been appointed interim general secretary of the Trust. He aims to restore public confidence and address recent controversies. Wrongdoers will face legal action through due process. Weaknesses in administrative systems will be identified and corrected. The Trust will ensure donations are used for stated objectives.

The Economic Times

One in four graduates will lose financially from going to university, IFS estimates

Degrees still mostly boost lifetime pay, thinktank says, but those completing creative qualifications may end up worse off

The Guardian - UK

One in four graduates are worse off because they went to university, government’s own report says

One in ten male graduates face losing out to the tune of more than £90,000, according to the report, as minister tells those thinking about university ‘choose carefully’

The Independent UK

Hafta letters: Questions for PM, 2029 elections, digital media’s reach

Vijay

Newslaundry

Ministers may have to ‘pare back’ on election promises or make ‘trade-offs’

The Institute for Fiscal Studies issued the warning to the SNP in the wake of its recent Holyrood election win.

Evening Standard

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MarketBeat

Intercorp Financial Services Q1 Earnings Call Highlights

Intercorp Financial Services (NYSE:IFS) reported a record first-quarter 2026 profit as stronger banking profitability, double-digit growth in insurance and wealth management, and lower credit costs helped lift returns above prior expectations. Chief Executive Officer Luis Felipe Castellanos told in

Evening Standard

Scotland’s political parties accused of ‘lack of realism’ over manifesto plans

The Institute for Fiscal Studies said the parties running in the Holyrood election did not appreciate ‘just how tough the fiscal challenges will be’.

The Guardian - UK

What the parties promise Welsh voters on the NHS, schools, childcare and tax

Labour, Plaid Cymru, Reform, the Greens, the Tories and the Lib Dems set out competing plans but offer little detail on how they would pay for them

The Guardian - UK

Higher-income households benefited most from Help to Buy, thinktank finds

Analysis by IFS shows George Osborne’s mortgage schemes launched in 2013 had little effect on social mobility

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news in one place.

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The Guardian - UK

Firms with more women in top roles more likely to dismiss abusive men, study finds

IFS analysis also finds male-managed companies were more likely to have victim of abuse leave company

Evening Standard

Reform hits out at IFS analysis of Scottish tax plans

The IFS said the party’s tax plans were ‘not credible’.

The Independent UK

Starmer’s new £1bn youth unemployment plan risks doing little for those not forced to search for work

The Institute for Fiscal Studies’ verdict comes after work and pensions secretary Pat McFadden set out scheme to encourage employers to hire young people

The Economic Times

Civil services exam topper Anuj Agnihotri scores 52.88 per cent; UPSC discloses final marks

Anuj Agnihotri from AIIMS Jodhpur secured the top rank in the UPSC civil services examination 2025. He achieved 1,071 marks. A total of 958 candidates qualified for prestigious services like IAS, IFS, and IPS. The examination process involved preliminary, main, and personality test stages. Rajeshwari Suve M and Akansh Dhull…

The Independent UK

Britain’s economic growth to be weakest in a century outside of pandemic and WWII, think tank warns

The UK’s top two economic think tanks – the Resolution Foundation and the Institute for Fiscal Studies – have issued dire warnings over economic growth and borrowing a day after Rachel Reeves delivered her spring statement

The Independent UK

UK faces tax hikes or cuts to public services in bid to hit defence spending target, IFS warns

IFS director Helen Miller said: ‘The takeaway is that we should not expect the Government to be able to meaningfully increase what we spend on defence’

The Independent UK

Labour’s immigration crackdown could force Reeves to raise taxes, leading economists warn

Chancellor warned that sharper than expected fall in net migration risks hurting economic growth and tax revenues

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