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The Latest Breaking News from IFS

Rishi Sunak wakes up to election trouble in Cornwall over national service funding

Plan to conscript 18-year-olds depends on scrapping a national levelling-up fund that benefits Cornwall and Wales

Evening Standard

What are Labour’s plans for ending tax breaks for private schools?

Party policy is to add standard 20% rate of VAT to school fees and use funds raised to pay for more state teachers

The Guardian - UK

Reality check: can Treasury afford pledge to raise tax-free pension allowance?

We look at whether the Conservative pledge for a ‘triple lock plus’ can really be paid for by cracking down on tax avoidance

The Guardian - UK

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No budget until September if Labour wins election, says Reeves

Shadow chancellor insists no additional tax rises will be needed beyond ones already announced by the party

The Guardian - UK

General Election 2024: What are the key Labour and Conservative manifesto policies?

Rishi Sunak has called a snap general election for July

The Independent UK

NHS spending rise lags behind Tory funding pledges, IFS finds

Thinktank says extra funding eaten up by higher inflation despite greater demand with service in poor state of repair

The Guardian - UK

Sunak’s disability benefit plans are familiar culture war fodder

The prime minister’s speech on cracking down on ‘sicknote culture’ was heavy on rhetoric but light on evidence and detail

The Guardian - UK

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Jeremy Hunt gets £12billion more 'headroom' so could slash another 2p off National Insurance, says IFS

But the leading economists warn against the move as public services desperately need more funding

Evening Standard

Senior Labour figures call for ‘life-transforming’ Sure Start policy

Gordon Brown and three former education ministers say New Labour’s acclaimed early-years programme benefited millions

The Guardian - UK

UK Covid takeaway habits endure as fast food calorie intake remains high

Study shows delivery apps such as Deliveroo and Just Eat still popular after pandemic boom in orders

The Guardian - UK

Archana Kalyani, IFS, passes away

Remembering the late IFS officer Archana Kalyani, known for her fighting spirit and dedication to environmental conservation.

The Hindu

Pupils in Wales perform only as well as disadvantaged children in England – IFS

Improving schools is first challenge for new first minister, Vaughan Gething, as IFS study shows lower attainment is not due to poverty

The Guardian - UK

The Guardian view on nurseries: build playgrounds for toddlers, not investors

Editorial: Opaque ownership structures and bumper profits point to an early years sector gone wrong

The Guardian - UK

Sunak warned unfunded axing of national insurance would harm services

Economists say making the policy an election pledge could cost £40bn, which is badly needed for health, education and elsewhere

The Guardian - UK

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The Guardian - UK

IFS warns of Labour and Tory ‘conspiracy of silence’ over future tax and spending plans

Toughest outlook for public finances for 80 years means next government must find tens of billions in cuts or tax rises, says leading thinktank

Evening Standard

Hunt’s £20 billion Budget shortfall leaves scrapping national insurance for the birds, warns the IFS

Top economist Paul Johnson says both Tories and Labour need to be more transparent about painful choices ahead

The Guardian - UK

NHS funding faces biggest real-terms cuts since 1970s, warns IFS

Health spending in England to suffer 1.2% cut, worth £2bn, despite extra costs, thinktank’s analysis finds

The Guardian - UK

‘Heartbreaking’: the nursery forced to close over Hunt’s free childcare policy

Critics say the surprise policy in last spring budget’s was ill-thought-out, prompting higher prices and fewer nurseries

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The Guardian - UK

The Observer view on the budget: Jeremy Hunt is planning to steal from our long-term future

By taking money to fund tax cuts, the chancellor’s policy will be as disastrous as that of his predecessors

The Guardian - UK

Tory peer calls for £10,000 ‘citizens inheritance’ for all 30-year-olds

David Willetts suggests policy would help spread wealth among millennials amid deepening inequalities

The Guardian - UK

Cuts to public services in England will ‘reverse’ gender equality, unions warn

Women’s groups urge chancellor to ignore calls for tax cuts in next week’s spring budget

The Guardian - UK

NHS waiting lists falling but will stay above pre-Covid levels until 2030, IFS says

Length of time patients must wait for A&E care, diagnostic tests, cancer care and surgery will remain high, report predicts

The Hindu

IFS officers transferred

Hyderabad IFS officers transferred to new postings by government orders, including Priyanka Varghese and B. Shafiullah.

The Guardian - UK

Budget 2024: Jeremy Hunt considers new vaping tax and NI cut

Levy on vapes could make them unaffordable for children, as IFS warns over unfunded tax cuts

The Guardian - UK

Jeremy Hunt warned not to spook markets with unfunded budget tax cuts; US consumer confidence drops – as it happened

Rolling coverage of the latest economic and financial news, as ING warn the pound could fall by 2% if chancellor misreads the mood of bond investors

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