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The Latest Breaking News from IFS

Student loan interest rates set to soar - what the changes mean for your repayments

The maximum interest rate is set to rise to a staggering 12 per cent for half a year for the highest earners

Manchester Evening News · Apr 13, 2022

Graduates to be hit with ‘brutal’ student loan interest rates of up to 12%

Most recent graduates in England and Wales will be charged 9% from September amid rising retail prices index

The Guardian - UK · Apr 13, 2022

Student loan interest rates: What rise means for you

Anyone who has taken out a loan since 2012 could end up paying ‘eye-watering’ rates of interest, higher than homeowners paying off their mortgage

The Independent UK · Apr 13, 2022

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Student loan inflation rates mean graduates will pay higher interest rates than homeowners

Anyone who has taken out a loan since 2012 could end up paying ‘eye-watering’ rates of interest, higher than homeowners paying off their mortgage

The Independent UK · Apr 13, 2022

Graduates set for high interest ‘rollercoaster ride’ on loans

Those who have taken out loans since 2012 could end up paying ‘eye-watering’ rates of interest higher than homeowners paying off their mortgage.

The Independent UK · Apr 13, 2022

Student loan interest rate to hit 12% for graduates in England this year

The RPI figure confirmed on Wednesday is the highest rate seen since tuition fees for university students in England were raised to £9,000 in 2012

Daily Mirror · Apr 13, 2022

Student loan changes in England will cost middle earners £30k, analysis says

IFS says from 2023, expected future earnings will be crucial in deciding whether to take gap year

The Guardian - UK · Apr 8, 2022

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UK’s top 0.1% earners have annual income of over half a million, says IFS

Institute for Fiscal Studies report finds highest-paid earners benefit from lower tax rates open to business owners

The Guardian - UK · Apr 6, 2022

6 new tax year blows hitting your money today - from NI payments to pensions

The new tax year begins on Wednesday, April 6, with important changes to taxes, pensions, student loans and statutory sick pay. Here's what's happening

Daily Mirror · Apr 6, 2022

Committee to study elephant deaths lacks field biologists, veterinarians

Three IFS officers and a NGO representative are the members

The Hindu · Apr 3, 2022

Allegations of forest officials’ transfer baseless: Minister

Saseendran says no official in IFS cadre promoted

The Hindu · Apr 2, 2022

Middle earners hit by Covid pandemic income blow

Workers on middle and higher incomes saw their incomes fall during the first year of the Covid-19 pandemic, according to new analysis released on Thursday.

Evening Standard · Mar 31, 2022

Nissan Lets Dealers Charge, Finance Up To $2,500 On Some Lease Buyouts

The costs are for customer-approved repairs needed to achieve CPO status when using the lease purchase option.

Motor1 · Mar 21, 2022

Jacob Rees-Mogg says Ukraine war shows Partygate scandal was just ‘fluff’ – as it happened

Brexit minister says people will find Partygate scandal ‘fundamentally trivial’ in the context of war in Ukraine

The Guardian - UK · Mar 18, 2022

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The Independent UK · Mar 16, 2022

Tax rise due to be £12.5bn bigger than expected amid inflation surge, says IFS

An income tax freeze is now expected to mean a £20.5 billion tax rise, the Institute for Fiscal Studies said.

The Guardian - UK · Mar 11, 2022

Senior teachers will endure long pay freeze under DfE plans, study finds

Pay rise for new teachers will come at expense of much lower increases for those with experience

The Independent UK · Mar 10, 2022

Sunak ‘must choose’ between spending hike or worst drop in living standards in 50 years, IFS warns

The chancellor faces a stark decision between higher borrowing or an average earner being £800 worse off, the economic think tank says

The Independent UK · Mar 10, 2022

Sunak faces choice of worst hit to households since 1970s or spending hike, IFS warns

The chancellor faces a stark decision between higher borrowing or an average earner being £800 worse off, the economic think tank says

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The Guardian - UK · Mar 2, 2022

Student loan changes hit lower earners harder than first thought – IFS

Institute for Fiscal Studies says graduates face paying extra £28,000 towards their loan over their lifetime

The Independent UK · Mar 2, 2022

Poorer graduates ‘to be hit even harder by student loan threshold change’

The Institute for Fiscal Studies pointed to a ‘crucial tweak’ in the policy’s supporting documents.

The Guardian - UK · Feb 24, 2022

England student loan changes will hit poor hardest, official analysis finds

Critics say plans among ‘most regressive yet’, while high-earning borrowers ‘stand to benefit substantially’

Daily Record · Feb 11, 2022

People of working age saving for retirement could lose money by not moving older pension pots

Employees in their 50s could be losing out on as much as £2,400.

The Guardian - UK · Feb 10, 2022

Ministers ‘quietly tighten financial screws’ on students in England – IFS

IFS paper shows how inflation is eroding loans and fees enabling government to claw back £2.3bn

The Independent UK · Feb 9, 2022

Britain must choose between decades of higher taxes and cutting back welfare state, top economist warns

Exclusive: Britain must address an annual spending black hole of around £60bn in the years ahead, according to the IFS

Daily Mirror · Feb 2, 2022

10 reasons Levelling Up White Paper has been blasted for letting down Brits

The Levelling Up White Paper was finally unveiled by Michael Gove and the government today with great fanfare - but it comes two years after Boris Johnson's pledges, throws it forward to 2030 and has no new money. Here are the biggest problems, according to its critics

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