The Latest Breaking News from IFS

Nigel Farage pledges to run for PM in 2029 as Reform manifesto slated by economists

Reform UK leader Nigel Farage has sights on 2029 election as he launches manifesto aimed at Tory voters but had his policies trashed by economists and financial experts

The Independent UK · Jun 17, 2024

'Disgraceful': Two-child cap will affect 670,000 extra children within five years

The number of children affected by the two-child benefit cap will rise by a third over the next five years, the Institute for Fiscal Studies has…

The National (Scotland) · Jun 17, 2024

Starmer faces further calls for Labour to axe two-child benefit cap

IFS research shows 670,000 more children will be hit by policy by end of next parliament if limit stays in place

The Guardian - UK · Jun 16, 2024

‘Labour’s honeymoon will be short-lived’: teachers’ union head warns of strikes by autumn

Daniel Kebede, leader of the NEU, says members’ morale is at an all-time low and that Starmer must signal a radical change in policy

The Guardian - UK · Jun 12, 2024

Next government will have to cut scope of state or raise taxes, report says

A REPORT has warned the next government it will have to cut the scope of what the state provides or raise taxes to maintain levels of departmental…

The National (Scotland) · Jun 9, 2024

'Sharp cuts': John Swinney presses Labour to explain where £18bn cuts will come from

FIRST Minister of Scotland John Swinney has urged Labour to explain where £18 billion in cuts predicted by the Institute for Fiscal Studies…

The National (Scotland) · Jun 9, 2024

Sunak pledges to keep stamp duty threshold at £425k for first-time buyers

Pledge comes as parties prepare to launch their manifestos, with Labour to offer support for small businesses

The Guardian - UK · Jun 8, 2024

Tax rises of £800 a year coming whoever wins UK election, thinktank finds

Neither Labour nor Tories have committed to axing already announced rises, Resolution Foundation warns

The Guardian - UK · Jun 8, 2024

Tories’ promises to raise tax threshold for pensioners a joke, Labour says

During a visit to Essex, shadow pensions secretary Liz Kendall claimed the Conservatives have worsened the quality of retirement.

The Independent UK · Jun 6, 2024

New analysis proves Labour WILL impose austerity in power, SNP say

BOTH Labour and the Tories are signed up to implement “serious spending cuts”, the head of a leading economic think tank has warned.

The National (Scotland) · Jun 5, 2024