The government's fiscal credibility is at risk amid the possibility it announces pre-election tax cuts or spending later this year – on top of an upcoming Budget already based on ‘fiscal fiction’ – a...
The government might lose around £15bn a year by 2032 if it decides to ditch inheritance tax, economists at the Institute for Fiscal Studies have warned.
A growing share of income coming from wealth and property is set to widen inequality between households and hurt social mobility, the Institute for Fiscal Studies has warned.
The long-awaited NHS long-term workforce plan will fail to meet ambitious productivity targets without sustained investment in capital, technology and management, the Institute for Fiscal Studies has...
The government’s failure to distribute local police, public health and council funding according to differing levels of need risks worsening regional inequalities, working contrary to its supposed...
Government spending has become more progressive in recent decades, but current plans have put this trend in jeopardy, the Institute for Fiscal Studies has said.
The improved teachers’ pay offer will do little to reverse the real-terms cut to salaries since 2010, researchers at the Institute for Fiscal Studies have said amid strike action.
New gloomy predictions of long-term economic growth suggest pensions promised to public sector workers will be more costly than anticipated, economists at the Institute for Fiscal Studies have warned.
Scottish Government proposals for increasing taxes on higher earners to fund more generous benefits are more progressive than the rest of the UK, but are at risk of being avoided, the Institute for...
As the government lurched through prime ministers, Carl Emmerson of the IFS was among those warning of trouble ahead. He tells PF how making things better could start now.
Scottish ministers have overstated the level of funding in the 2023-24 draft budget, after falling to account for top-ups in this year’s budget, economists have claimed.
The lack of additional support for early years and post-16 education will stretch resources further as historically high inflation eats into budgets, the Institute for Fiscal Studies has said.
The government’s flagship policy is at risk of failure without more targeted funding for schools, local authorities and public health, economists at the Institute for Fiscal Studies have said.
The public sector could be set for an exodus of workers if the government fails to compensate departments for higher-than-expected pay offers, according to economists at the Institute for Fiscal...
Income tax bands not rising in line with inflation will eclipse the benefit households might expect from tax cuts, meaning the government is effectively “giving with one hand and taking with the...
Tax cuts in Friday’s ‘fiscal event’ are set to raise UK government borrowing by more than £30bn – more than half of the total increase in borrowing since the Office for Budget Responsibility last...
The government’s plan to temporarily cap energy bills for households and businesses will likely lead to higher borrowing and increased pressure on public finances, experts have said.
The government will need to give departments an additional £44bn in the coming years as inflation eats into budgets, an economist at the Institute for Fiscal Studies has said.
Rising wages are set to make school finances difficult next year as funding increases fall below forecast spending growth, the Institute for Fiscal Studies has warned.
Tax cuts proposed by Conservative leadership candidate Liz Truss could cost more than £30bn and break the government's fiscal rules, economists at the Institute for Fiscal Studies have warned.
A lack of detail on how proposed national insurance changes will affect health and social care budgets shows the claimed link between the two is 'absurd', according to experts.