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The Latest Breaking News from the Institute for Fiscal Studies

Universal Credit £25 boost for millions every week under new plans submitted to DWP

More help could be on the way

Nottingham Post

DWP Universal Credit £25 boost for millions every week under fresh plans

'Devastating cuts' to Universal Credit have been ordered to be reversed, with the DWP also urged to put a new payment uplift in place which would apply to legacy benefits

Chronicle Live

Economists debunk Tory claim that axing private school tax breaks would lead to exodus

The Institute for Fiscal Studies rejected Conservative Party warnings that removing tax perks would lead to large numbers of pupils moving into the state schools system

Daily Mirror

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Scottish Government outlines 'a different way of working with business'

The New Deal for Business Group makes its recommendations to the First Minister

Insider UK

Huge changes for council tax in Wales are to go ahead

The changes are set to be implemented by April 2025

Wales Online

Benefit cap introduction ‘saw claimants spend less on children and essentials’

The Institute for Fiscal Studies said only about 5% of capped households had an adult move into paid work as a direct result of the benefit cap.

The Independent UK

OPINION - The Standard View: If we want more teachers, it must pay a decent wage

A good teacher is worth their weight in gold. A decent wage, meanwhile, is vital for recruitment and retention. Yet pay has been falling. Salaries for more experienced teachers in England have dropped by 13 per cent in real terms since 2010, according to the Institute for Fiscal Studies.

Evening Standard

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New planned review of State Pension age could see retirement rise to 68 as early as 2036

The planned rise from 66 to 67 will go ahead between 2026 and 2028.

Daily Record

Freezing fuel duty is a ‘political choice’ by Hunt, says IFS

The Institute for Fiscal Studies said the £6 billion could have funded an inflation-matching pay offer to public sector workers.

The Independent UK

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