The Latest Breaking News from IFS

Oil and gas boom will 'accelerate' Scotland's green energy revolution

A HUGE boost in oil and gas revenue could accelerate Scotland’s green revolution, an economist has said.

The National (Scotland) · Dec 2, 2022

Scottish Government underspent £2bn in last year's budget, accounts show

Annual accounts show an underspend of £2bn - but does not represent a loss as some is carried forward through the Scotland Reserve

The National (Scotland) · Dec 1, 2022

Poorest students more than £1,000 worse off this year as inflation outstrips support

Students are facing real terms cuts to their maintenance loans due to inflation forecast errors - as well as 'falling through the cracks" of the Government's cost of living support'

Daily Mirror · Nov 30, 2022

Rayner demands general election after Hunt unveils ‘nightmare’ Budget

IFS warns UK economy damaged by series of own goals, including Liz Truss’s mini-Budget

The Independent UK · Nov 19, 2022

Jeremy Hunt told to ‘come clean’ on economic cost of non-dom tax status

The IFS said abolishing non-doms would be worth around £3bn a year to the economy – roughly the same amount that will be added to next year’s NHS budget

The Independent UK · Nov 18, 2022

How the autumn statement brought back the ‘squeezed middle’

Respected thinktanks say Jeremy Hunt’s policies will shock Middle England, with higher taxes here to stay

The Guardian - UK · Nov 18, 2022

Autumn Statement reaction: Higher tax ‘here to stay’ as pain goes on

New warning that burden unlikely to return to pre-Covid level ‘any time in coming decades’

Evening Standard · Nov 18, 2022

The British people ‘just got a lot poorer’, says IFS thinktank

UK has scored ‘a series of economic own goals’, Institute for Fiscal Studies says after autumn statement

The Guardian - UK · Nov 18, 2022

Autumn Statement: Brits 'just got a lot poorer' with Middle England 'set for a shock'

After the Autumn Statement, the director of the Institute for Fiscal Studies Paul Johnson said he would be 'most surprised' if the tax burden returns to pre-Covid average 'at any time in the coming decades'

Daily Mirror · Nov 18, 2022

Minority ethnic Britons’ educational success not reflected in pay, study finds

‘Clear evidence’ of discrimination in terms of salary and careers despite academic progress, IFS study finds

The Guardian - UK · Nov 14, 2022