The Latest Breaking News from Institute for Fiscal Studies

Liberal Democrat peer Lord Taverne dies aged 97

A former Labour Treasury minister and the first director of the Institute for Fiscal Studies, Lord Taverne became a Lib Dem peer in 1996.

Evening Standard · Oct 25, 2025

Tax hikes will come if economy shrinks any further, IFS warns Rachel Reeves

Institute for Fiscal Studies suggests Treasury is ‘making up the numbers’ as it warns council tax will rise at fastest rate in a generation

The Independent UK · Jun 12, 2025

Top economist urges Reeves to raise basic rate of income tax for first time in 50 years

Institute for Fiscal Studies boss Paul Johnson warned Donald Trump’s trade war is ‘badly buffeting’ the UK economy

The Independent UK · Apr 14, 2025

‘Harder now than any point in last 50 years for poor to move up wealth ladder’

People who grew up on free school meals tend to earn thousands less than their peers by the time they reach their late 20s, the IFS said.

The Independent UK · Sep 6, 2023

Poorer areas missing out because public funding system has broken down – study

The Institute for Fiscal Studies said the Government’s use of old data meant the allocation of funding often fell short.

The Independent UK · Aug 14, 2023

Budget expert warns cutting nurses' real pay will hammer morale and services

The Institute for Fiscal Studies delivered its scathing verdict on Chancellor Jeremy Hunt's Budget, warning that slashing public sector pay in real terms would have damaging consequences

Daily Mirror · Mar 16, 2023

Cost of living crisis prompting over-50s in UK to seek work, thinktank suggests

IFS says trend may ease pressure on labour market, but it is ‘no cause for wider celebration’ if it is triggered by people being poorer

The Guardian - UK · Mar 2, 2023

Jeremy Hunt can afford public sector pay rises at March Budget, says IFS

Ditching fuel duty freeze could pay for more generous settlement, suggests think tank

The Independent UK · Feb 28, 2023

Nudging pension savers at key life stages ‘could boost retirement outcomes’

The Institute for Fiscal Studies said when employees do have extra cash available very few put any of it into their pension.

The Independent UK · Feb 24, 2023

Warning as 820,000 people could miss out on £900 cost of living payment

The Institute for Fiscal Studies said around 825,000 people could miss out on the payments because they earn "slightly" more than what you can to get Universal Credit

Daily Mirror · Feb 23, 2023