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The Latest Breaking News from IFS

Government dismisses criticism of tax cuts as ‘politics of envy’

It comes as Chancellor Kwasi Kwarteng unveiled the biggest programme of tax cuts for 50 years

Manchester Evening News · Sep 24, 2022

Government says tax cuts flack is 'politics of envy'

Labour accused PM Liz Truss and Chancellor Kwasi Kwarteng of dabbling in 'casino economics'

Wales Online · Sep 24, 2022

Chancellor says mini budget ‘is not a gamble’ as pound plunges

Kwarteng defends massive tax cuts and borrowing as spooked markets leave pound at new 37 year low

Evening Standard · Sep 23, 2022

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Half of Kwarteng’s cuts to personal tax will go to richest 5%, say experts

Thinktank says someone earning £1m will gain £40,000 as top rate, basic rate and national insurance reduced

The Guardian - UK · Sep 23, 2022

Kwarteng ‘betting the house’ with tax plans helping only those on above £155k

Institute of Fiscal Studies warned there was no ‘semblance of an effort to make the public finance numbers add up’.

The Independent UK · Sep 23, 2022

Friday briefing: What to expect from Kwasi Kwarteng today

In today’s newsletter: The newly appointed chancellor will deliver his first ‘fiscal event’ in Parliament today – but will it make a difference?

The Guardian - UK · Sep 23, 2022

What to expect in tomorrow's Mini-Budget - Stamp Duty, energy bills and National Insurance

Everything we know about Kwasi Kwarteng's statement tomorrow - from Bankers' Bonuses to the real living wage.

Chronicle Live · Sep 22, 2022

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Mini-Budget 2022: All predictions with Stamp Duty, energy bills and National Insurance

What time is the mini-Budget? Will it increase the real living wage? And why on earth is it tipped to axe the bankers' bonuses cap? Here's everything we know about Kwasi Kwarteng's statement

Daily Mirror · Sep 22, 2022

From stamp duty to defence spending: what will Kwarteng’s mini-budget do?

Tax cuts and more borrowing are likely to feature on Friday as the chancellor gambles on growth

The Guardian - UK · Sep 22, 2022

National Insurance hike to be reversed, chancellor confirms

The increase, which came into effect in April, will be reversed in November

Manchester Evening News · Sep 22, 2022

National Insurance cut to take effect November 6, announces Government

Kwasi Kwarteng's mini-budget will reverse the 1.25-point hike which took place in April under the last Conservative regime - with changes coming into play sooner than anticipated

Chronicle Live · Sep 22, 2022

National Insurance cut will take effect on November 6, government announces

Kwasi Kwarteng's mini-Budget will pledge to reverse the 1.25-point hike in National Insurance that took place in April under the last Tory regime - and it's happening a little earlier than expected

Daily Mirror · Sep 22, 2022

Britons to be £500 worse off despite government support, says IFS

Higher earners will be more than £1,000 out of pocket compared to last year, analysis shows

The Independent UK · Sep 22, 2022

Chancellor Kwasi Kwarteng to deliver biggest tax cuts since Nigel Lawson’s Budget 34 years ago, says IFS

The Institute for Fiscal Studies also warned the Government’s dash for growth may not deliver on anything like the scale hoped for

Evening Standard · Sep 22, 2022

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The Guardian - UK · Sep 21, 2022

UK’s mounting debts unsustainable if sweeping tax cuts go ahead, warns IFS

Concerns mount before mini-budget that precarious financial position will spark run on sterling

Evening Standard · Sep 21, 2022

Liz Truss’s plans for tax cuts ‘a gamble at best’, says leading think tank

The Institute for Fiscal Studies said the new PM risks putting the public finances on an ‘unsustainable path’

The Independent UK · Sep 21, 2022

Liz Truss tells US corporate giants her tax cuts ‘just the start’, despite warnings of unsustainable debt

PM promises ‘lower, simpler taxes’ – despite new warning UK public finances on ‘unsustainable path’

Daily Mirror · Sep 19, 2022

Lowest paid workers to gain just 63p a MONTH under Liz Truss's National Insurance cut

The Institute for Fiscal Studies (IFS) thinktank warned that scrapping the 1.25 per cent NI rise would benefit wealthier households and do little to help the poorest workers

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The Guardian - UK · Sep 19, 2022

‘Who pays?’: Labour go on the attack over Truss’s energy plans

Opposition says PM has not detailed how she will fund her price freeze after ruling out windfall tax

The Independent UK · Sep 19, 2022

Poorest to gain just 63p a month from reversing national insurance hike, study warns

People earning above £100,000 will benefit most from tax cut in Friday’s mini-Budget, says IFS

The Hindu · Sep 11, 2022

Forest staff praised for preventing man-animal conflict in Kuppam of A.P.

Tributes paid to slain IFS officer P. Srinivas on National Forest Martyrs Day

Daily Mirror · Sep 6, 2022

State pension triple lock under fire as experts warn new PM Liz Truss could scrap it

New Prime Minister Liz Truss is facing calls to water down state pension increases in future years by scaling back the triple lock promise which sets the level of retirement benefits

Wales Online · Sep 5, 2022

The options for Liz Truss to help your energy bills – and how likely they are

Britain's next Prime Minister has said she will announce cost of living help this week, but after attacking 'handouts' and 'Gordon Brown economics', what does she have in the locker?

Chronicle Live · Sep 5, 2022

Eight ways Prime Minister Liz Truss could aid with energy bills - and the likelihood of them happening

Liz Truss has today been given the role as the United Kingdom's Prime Minister, after earlier this week saying she will announce cost of living help. But what exactly does she have left in the locker now she has assumed her role?

Daily Mirror · Sep 5, 2022

All the options Liz Truss has to help your energy bills - and how likely each will be

Liz Truss is likely to be the next Prime Minister - and has said she'll announce cost of living help this week. But after she attacked 'handouts' and 'Gordon Brown economics', what does she have left in the locker?

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