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The Latest Breaking News from IFS

Bengaluru: Former diplomat complains of sour experiences on flight

BENGALURU: Former foreign secretary and author Nirupama Rao allegedly had a string of unpleasant experiences on a flight from Bengaluru to Vienna, Austria and even during the return journey as staff members were rude, she was not provided the meal she had booked and the airline misplaced her bag as…

The Times of India

Half of children in single-parent families living in 'relative poverty'

It was double the number of those with two parents

Wales Online

Almost half of children in lone-parent families in relative poverty – IFS

Some 1.5 million children were living in relative poverty in 2019-20 before the coronavirus pandemic hit, the Institute for Fiscal Studies said.

The Independent UK

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Half of all children in lone-parent families are in relative poverty

Exclusive: IFS study shows impact of Tory cuts to benefits and cost of living crisis on single mothers

The Guardian - UK

Wednesday briefing: Defence secretary Ben Wallace goes on the warpath over military spending

In today’s newsletter: As Boris Johnson, armed forces leaders and Wallace give mixed signals on military spending plans, Archie Bland tries to make the numbers add up

The Guardian - UK

More 65-year-olds living in poverty as state pension age rose to 66, says IFS

The increase in 65-year-olds in poverty was concentrated among renters, single people and those with lower levels of education, researchers said.

The Independent UK

English universities over-reliant on overseas students’ fees, report warns

Public accounts committee says institutions ‘potentially exposed to significant financial risks’, with 80 declaring annual deficit

The Guardian - UK

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Government support for poorer students ‘to fall to lowest level in seven years’

Students are turning to payment apps such as Klarna or food banks to make ends meet says NUS.

The Independent UK

Adult education and apprenticeships budget will be 25% down since 2010

IFS says cuts and inflation far outweigh £900m promised new spending, undermining levelling up ambitions

The Guardian - UK

Tory MSP leaves 'false' tweet up – despite being corrected by expert he quoted

WHAT do you do if you make a mistake? Apologise? Try to make amends?

The National (Scotland)

State Forest officer promoted to IFS cadre a day before retirement

MYSURU

The Hindu

Scottish Government takes the scalpel to public services

Digging into yesterday's Spending Review documents reveals the extent of upheaval during the next few years

Insider UK

Women sweep top 3 in UPSC exam, Delhi student Shruti Sharma 1st

NEW DELHI: Women have aced Civil Services Examination (CSE) 2021 by cornering the top three slots, with history graduate from Delhi’s St Stephen’s College Shruti Sharma No. 1 in the merit list. This is the fifth time in the past 10 years that a woman has secured the top rank.

The Times of India

Houses only cost £40,000 in today's money but less than half of people lived to 70 - life when Queen took the throne in 1952

There have been some fascinating changes in society - but house prices are more than six times what they were then

Wales Online

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The Independent UK

Platinum Jubilee generation ‘have seen huge changes over their lives’

The Institute for Fiscal Studies looked at how the lives of people who turn 70 this year have turned out, including their health and wealth.

Evening Standard

‘Platinum Jubilee generation’ have had the good life, say top economists

The “Platinum Jubilee Generation” who are 70 this year have been better off than the population as a whole at every point in their adult lives, leading economists said on Monday.

Insider UK

Axing or taxing - difficult decisions ahead for Kate Forbes

Tomorrow's Spending Review announcement comes during a particularly tight time for the economy

The National (Scotland)

Scotland faces 'difficult finances' amid claims of £3.5 billion 'black hole'

FINANCE Secretary Kate Forbes has said Scotland faces a “very difficult financial position” over the next few years amid rising tax warnings…

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news in one place.

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The National (Scotland)

Scotland facing 'tough decisions' as finance gap highlights lack of powers

The Institute of Fiscal Studies (IFS) said that a "substantial" gap in the Scottish government's finances are likely

The Guardian - UK

Rishi Sunak to announce windfall tax on energy firms

One-off levy to fund support package amid cost of living crisis which could include increase in benefits

Daily Mirror

Major cost of living announcement tomorrow as Tories scramble to move on from Partygate

Rishi Sunak will make a cost-of-living statement to the Commons where he could announce £10bn of new spending - funded by a windfall tax - with Tory sources claiming the brought-forward announcement would mostly help poorer families

The Guardian - UK

Inflation rate for UK’s poorest forecast to hit 14% after price cap rise

IFS and Resolution Foundation warn of disproportionate impact of energy prices on low-income households

Evening Standard

Poor households may face inflation rate of 14 per cent by this autumn

Poorer families will be disproportionately affected, according to the Institute for Fiscal Studies

Evening Standard

Cost of living crisis: Poorer households face even higher inflation, Institute for Fiscal Studies warns

Poorer households may face an eye watering inflation rate of 14 per cent, the influential Institute for Fiscal Studies has said, after the boss of energy regulator Ofgem warned bills will soar even higher this autumn.

The Independent UK

Inflation for poorest households ‘could reach 14%’ amid surging energy bills, IFS warns

In comparison, benefits for the poorest families were uprated by 3% in spring

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