The triple lock on state pensions needs to end as it will become “prohibitively expensive”, Institute of Fiscal Studies director Paul Johnson has argued.
The public finances will be put under pressure over the next 50 years due to the ageing population, the government has been warned, with demand for healthcare and pensions set to increase spending by...
The head of the Institute for Fiscal Studies has called on George Osborne to set out where his planned £12bn in welfare cuts would fall in the first two financial years of the next parliament.
Shadow chancellor Ed Balls has claimed that Conservative spending plans for after the election imply £70bn worth of cuts will need to be made to public services in the next parliament.
Public sector borrowing in December was £2.9bn more than in the same month last year due to a controversial payment the government had to make towards the European Union’s budget, it has been...
Business leaders are urging the government to boost the living standards of low earners by raising the National Insurance threshold and expanding the provision of free childcare and maternity pay.
The Office for Budget Responsibility should be given an expanded remit to help hold the government to account on its policies to tackle poverty, the Joseph Rowntree Foundation has said today.
