The government’s energy cap is likely to lower inflation in the short term, but one expert warned that it might not yield longer-term savings on servicing the government’s large stock of interest-...
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.
Public bodies could find it difficult to retain senior staff if the decade-long trend of sharper pay reductions at the top of the sector continues, an expert has warned.
The government’s allocation of a post-Brexit funding pot was a missed opportunity to reform economic development allocations, with many regions receiving cuts, according to experts.
The government’s decision to freeze income tax bands will provide the government with £20bn additional revenue a year, more than double initial forecasts, according to the Institute for Fiscal...
Logistical and software issues are likey to make it challenging for councils to deliver the government’s £150 council tax rebates to help consumers with soaring energy prices, according to CIPFA.
English council’s finances were not as badly affected by Covid-19 as had been expected, according to new research – but the authors warned against government complacency in the coming years amid the...
Healthcare services in England will likely require multi-billion-pound top-ups over the medium term if they are to avoid spending reductions, according to the Institute for Fiscal Studies.
The Treasury’s decision to reject a £15bn school recovery programme suggests a broader problem with the UK’s budgeting framework, according to the Institute for Fiscal Studies.
Manifestos from Scotland’s largest parties do not honestly reckon with the devolved government’s likely financial situation in the coming years, according to Institute for Fiscal Studies researchers.
Funding for the Scottish Government’s day-to-day spending in 2021-22 is nearly a third higher per person than in England, according to the Institute for Fiscal Studies.
As director of the Institute for Fiscal Studies, Paul Johnson has overseen a period of ‘extraordinary’ lockdown output from his organisation, charting Covid-19’s economic impact.
The coronavirus outbreak, and the policy response to mitigate its consequences, will have ramifications for public finances that will far outlast the immediate public health crisis. Although the full...
CIPFA and the Institute for Fiscal Studies recently hosted a round tabled debate on the questions and issues thrown up by the government’s fair funding review. Vivienne Russell reports.
Hiking up national insurance contributions for the self-employed is a “sensible” change to taxation but not enough, says the Institute for Fiscal Studies.
Council spending in England has been cut by almost a quarter on a per person basis since 2009/10, according to an analysis by the Institute for Fiscal Studies.
The Institute for Fiscal Studies has today warned that number of people in poverty is likely to start increasing due to caps in the uprating of benefits coupled with an increase in wage rates.
The number of people in absolute poverty in the UK could be as much as 300,000 more than government estimates due to the higher rates of inflation experienced by poor households, the Institute for...
The European Commission has urged the government to reform council tax to remove ‘distortions’ caused by basing the system on property values that are more than two decades old.