The Latest Breaking News from IFS

Triple lock increases state-pension spending by £11bn a year – analysis

The Institute for Fiscal Studies said financial support to pensioners was greater as a result of the safeguard.

The Independent UK · Sep 7, 2023

UK social mobility at its worst in over 50 years, report finds

Institute for Fiscal Studies finds stark disparities in earnings based on geography and ethnicity

The Guardian - UK · Sep 6, 2023

‘Harder now than any point in last 50 years for poor to move up wealth ladder’

People who grew up on free school meals tend to earn thousands less than their peers by the time they reach their late 20s, the IFS said.

The Independent UK · Sep 6, 2023

Scottish public spending deficit falls as oil revenues hit record high

Both sides of constitutional debate use Gers data to argue case for and against independence

The Guardian - UK · Aug 16, 2023

Intel's purchase of Tower terminated, likely blocked by Chinese regulator

Despite the best efforts of CEO Pat Gelsinger, Intel was not able to secure regulatory approval for its $5.4 billion purchase of Tower Semiconductor. The deal has now been terminated by both sides.

Windows Central · Aug 16, 2023

China Delays Kill Intel's Tower Acquisition, Intel to Pay $353 Million Breakup Fee

Intel will not pursue acquisition of Tower Semiconductor following delay of Chinese review.

Tom’s Hardware · Aug 16, 2023

Funding of public services in England skewed against poor areas, says IFS

Thinktank warns that government’s promises of levelling up are being undermined by system that is ‘not fit for purpose’

The Guardian - UK · Aug 14, 2023

Poorer areas missing out because public funding system has broken down – study

The Institute for Fiscal Studies said the Government’s use of old data meant the allocation of funding often fell short.

The Independent UK · Aug 14, 2023

Women officers in diplomatic service

RANCHI: The greatest joy that citizens of any nation can have is when one represents the country internationally -- be it in sports, culture, economy or diplomacy. This pride is shared by many women in all spheres, including diplomacy, where the country looks forward to playing its role in shaping…

The Times of India · Aug 14, 2023

63 IFS retired officers highlight violation of Forest Rights Act, write to PM Modi

Retired forest officers express "extreme concern" over irreversible damage to forests due to FRA-2006. Encroachments increased under garb of Act, regularised for political gains.

The Hindu · Aug 10, 2023