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The Latest Breaking News from IFS

DWP cost of living payments are making some families 'worse off', think tank claims

A think tank described the cost of living payments as “crudely targeted”

Manchester Evening News

More than 820,000 people on Universal Credit expected to miss out on new £900 cost of living payment

The first part of the means-tested cost of living payment is worth £301 and due to be made this Spring.

Daily Record

Many benefits recipients will be worse off until April 2025, warns think tank

The Institute for Fiscal Studies also believes hundreds of thousands of people could be in a better position financially if they earned less

Wales Online

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Many benefits recipients will be worse off until April 2025, IFS warns

Government cost-of-living payments are a ‘crude patch’ which cost around £2bn more than if benefits had risen with inflation, the think tank said.

The Independent UK

My generation is sucking Britain’s young people dry. Why are politicians too scared to admit it?

The social contract between young and old is broken and inequality is out of control. The government must step in, says Guardian columnist Polly Toynbee

The Guardian - UK

‘Bank of mum and dad’ stoking Britain’s rising inequality, warns report

Billions in gifts or loans given when children are in early adulthood and buying first home or getting married

The Guardian - UK

Scotland's tax and benefits system more progressive than rest of UK, report finds

SCOTLAND’S tax and benefits system is now considerably more progressive than elsewhere in Britain, a report has found.

The National (Scotland)

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Follow the Money by Paul Johnson review – how to spend it

The most influential beancounter in Britain decodes the public finances – and that disastrous mini-budget

The Guardian - UK

Tax and benefits system more progressive in Scotland than rest of UK - report

Average household incomes have dropped since 2017 but the poorest 10% are set to have incomes £580 a year higher, according to the IFS

Daily Record

Tax and benefits system 'more progressive in Scotland than rest of UK'

Think tank says the poorest 10th of Scottish households are set to have incomes £580 a year higher than they would in England and Wales

Insider UK

NHS waiting lists in England unlikely to fall in 2023, research suggests

Waiting lists will flatline rather than fall despite being one of Rishi Sunak’s priorities for the year, says IFS

The Guardian - UK

NHS waiting list likely to ‘flatline’ for the next year, economists warn

The Institute for Fiscal Studies said the Government is unlikely to reach its waiting list targets this year.

The Independent UK

NHS waiting list unlikely to get any shorter this year, think tank warns

Institute for Fiscal Studies says health service would need to achieve ‘remarkable increase’ in number of patients it is treating

Evening Standard

Debt, bad; work, good: ‘pub bore’ beliefs that seal a miserable fate for the poorest

Politicians and the media often present policies as moral duties, when they are nothing of the sort

The Guardian - UK

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The Independent UK

Scottish councils facing real-terms cut even with tax increase, says think tank

The Scottish Government’s plan for tax and spending cleared its first parliamentary hurdle on Thursday.

Wales Online

The figure that shows why teachers are on strike in Wales

Experts have looked at teachers pay in the last 13 years

The Independent UK

Pension triple lock unsustainable, warns IFS

Benefits system increasingly skewed towards parents and pensioners, says Institute for Fiscal Studies

The Independent UK

Benefit reforms have pushed many into part-time, low-paid jobs – IFS

Those encouraged to move into work often remain on meagre wages, paying little in tax and still receiving in-work benefits, the think tank found.

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The Guardian - UK

UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS

Tougher rules have boosted employment but jobs offer scant career progression and contribute little to tax revenue

The Guardian - UK

Scotland may have to rethink free university places pledge, analysis shows

IFS says if Holyrood’s health and climate policies remain in place other public spending will also suffer

The Guardian - UK

Teachers’ pay cut by £6,600 since 2010, says Institute for Fiscal Studies

IFS says pay erosion helps explain why traditionally moderate teaching unions are considering strike action

The National (Scotland)

Scotland risks squandering 'historic opportunity' go green in UK, report warns

SCOTLAND must act urgently on independence or risk squandering a “historic opportunity” to transform its economy by remaining part of the UK, a…

Daily Mirror

Major review of taxes including child benefit for two million families is quietly axed

Sources confirmed doomed Kwasi Kwarteng's Treasury review to make taxes 'better for families' is dead in the water under Rishi Sunak's leadership because events have overtaken it

The Independent UK

Budget overstated public spending increases, says think tank

The Institute for Fiscal Studies said £1.3 billion of in-year spending rises were not included in the Scottish Government’s figures for this year.

The National (Scotland)

Council leaders unite to condemn 'massive cuts' in Scottish Budget

EVERY one of Scotland’s 32 council leaders has backed a motion calling the Scottish Budget a “massive real-terms cut in councils’ core…

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