Households face 'dismal' rise in spending power after Budget, says IFS think tank
Average disposable income is set to grow by "only" 0.5% annually over the next five years, the think tank says.
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IFS
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10 days ago
13 days ago
Do you EVER keep a promise, Chancellor? Reeves vowed 'no more taxes' just a YEAR ago - but IFS says Budget threshold freeze WILL break Labour manifesto pledge
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a story from The Daily Mail 💩 › The Daily Mail
Almost exactly a year ago the Chancellor used a speech to business leader at the CBI to vow 'no more taxes', after milking voters and businesses to the tune of £40billion in her first fiscal plan.
47 days ago
Britain should copy Australia to reform 'costly' state pension triple lock, says the IFS ⊕
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a story from The Daily Mail 💩 › The Daily Mail
The state pension triple lock should be ditched after the next election in favour of the uprating system used in Australia, according to the Institute of Fiscal Studies.
53 days ago
Reeves needs to fill £22bn hole in UK public finances, IFS says
Think-tank’s report raises pressure on chancellor to raise income tax at Budget on November 26
55 days ago
Desperate Reeves 'could wrap monster Budget raid into council tax overhaul' - amid speculation over 'exit charge' on fleeing millionaires
The IFS think-tank said Rachel Reeves should make fundamental changes - such as abolishing council tax and replacing it with a property tax.
56 days ago
IFS warns Rachel Reeves against ‘half-baked dash for revenue’ ⊖
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a story from The Guardian ⚠️ › International
Thinktank says UK could raise significant funds by tackling some of the longstanding ‘inefficiency and unfairness’ in tax system
Rachel Reeves must avoid “a half-baked dash for revenue” or risk damagi…
How the IFS says Rachel Reeves can raise tax and fill a £30bn black hole WITHOUT breaking her promises
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a story from The Daily Mail 💩 › The Daily Mail
The Chancellor may have to find up to £30billion in the Budget, but has pledged not to raise income tax, National Insurance or VAT.
66 days ago
Special needs bill for schools soars to £16bn as IFS warns of 'dramatic' rise in spending ⊕
In a report, the Institute for Fiscal Studies (IFS) said there was 'worryingly little evidence' on what support works best and called for a full review of the system.
73 days ago
Massive spending cuts needed if Britain is to meet NATO target of extra £36 billion every year on defence, IFS warns.
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a story from The Daily Mail 💩 › The Daily Mail
Britain must overhaul 'the state' to find the tens of billions of pounds to meet NATO spending targets, a watchdog has warned. The UK must raise defence spending from 2.3 per cent to 3.5 per cent of …
75 days ago
Two-child benefit cap 'doesn't harm kids' learning' says report as Labour poised to scrap it at a cost of £3 billion
The Institute for Fiscal Studies (IFS) found children affected by the policy had the same level of development at age five as those that were not.