The Latest Breaking News from IFS

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 · May 25, 2022

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.

Evening Standard · May 25, 2022

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

The Independent UK · May 25, 2022

Poorest facing inflation of 11% while rich only hit by 8%, say experts

While inflation was confirmed to have hit a 40-year high of 9% this morning, the poorest in society are facing a real-terms hit of 11%

Wales Online · May 18, 2022

Andhra Pradesh: IAS, IFS probationers advised to work for the downtrodden

Governor interacts with young officers at Raj Bhavan

The Hindu · May 13, 2022

Rishi Sunak blasted for using 'Computer Says No' excuse to cut benefits for millions

The Chancellor admitted 'it sounds like an excuse' after he blamed IT 'problems' for a real-terms benefit cut. Experts told the Mirror there were computer difficulties with some benefits - but they are no reason not to act

Daily Mirror · May 13, 2022

Earnings boom for bankers during pandemic fueling income inequality

And the future is 'bleak' for lower-income households, according to research

Wales Online · May 4, 2022

Pay rises for finance workers are deepening inequality, IFS says

While most workers face a real terms cut in earings finance professionals’ pay is outstripping inflation, the IFS found

The Independent UK · May 4, 2022

Biggest boom in City bonuses for years risks driving up inequality, says IFS

Think tank says pay and bonus deals have risen by about twice as much as other UK sectors

The Guardian - UK · May 3, 2022

Pay surge for City workers fuels new rise in earnings inequality, says IFS

New analysis found that mean monthly pay among finance workers in February was 31% higher than in December 2019.

The Independent UK · May 3, 2022