The Latest Breaking News from the Institute for Fiscal Studies

Live, rolling coverage of business, economics and financial markets as McDonald’s faces pressure to cut prices and lure back customers

But the Institute for Fiscal Studies said the spending crisis was ‘predictable and predicted’

Labour’s manifesto launch was as risk-averse as its whole campaign, but what will happen under the impact of bankrupt councils, crumbling schools and an NHS in crisis?

This stretch of Conservative rule has been so destructive that even allies have called it ‘the worst government ever’, says Guardian columnist Owen Jones

AN independent Scotland would focus on raising revenue rather than resorting to austerity, the First Minister has said.

ANY independence negotiations with the UK government after an SNP victory in a General Election “should involve Scotland having a…

More tax cuts — that is the message Rishi Sunak wants voters to take away as the Conservative Party launched its election manifesto today. The question is: are they still listening? Not least when the 2019 parliament saw the largest rise in the tax take of any parliament on record,…

FIRST Minister of Scotland John Swinney has urged Labour to explain where £18 billion in cuts predicted by the Institute for Fiscal Studies…

Grim figures show that children in poverty are dying needlessly. We desperately need a government that puts them first, says Guardian columnist Polly Toynbee