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The Latest Breaking News from IFS

Tory leadership: Liz Truss’s tax cuts will damage public services and bust Treasury rules, economists warn

Race favourite’s economic credibility under fire – as she appears to be coasting to victory in vote by Tory members

The Independent UK

Liz Truss tax cuts policy ‘ridiculous’ and risks 1970s-style inflation, economists warn

Experts reject Tory candidate’s claim tax cuts ‘will decrease inflation’ – and warn of austerity era ahead

The Independent UK

Benefit cuts since 2010 increased UK child poverty in run-up to pandemic, says IFS

Austerity-era policies meant poverty among larger families in poverty rose at significantly faster rate, says thinktank

The Guardian - UK

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Share of children in material deprivation ‘fell by a quarter before pandemic’

Relative child poverty rose over the same period, the Institute for Fiscal Studies found.

The Independent UK

Andhra Pradesh: Madhusudhan Reddy takes over as PCCF

He is also placed in full additional charge of the post of HoFF until further orders

The Hindu

DWP warned about PIP payment delay impact with claimants waiting months for cash

The Government urged to 'get a grip' on the backlog of PIP payments by Citizens Advice as people increasingly struggle during the cost of living crisis

Chronicle Live

PIP claimants warned over '£300m payment delays'

Some people are waiting five months for a decision on disability benefits

Liverpool Echo

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Disabled benefits claimants ‘waiting months for £300m in delayed PIP payments’

Working-age claimants are waiting five months for a decision

Wales Online

Disabled benefits claimants ‘waiting months for £300m in delayed payments’

Disability benefit claims have risen steadily over the past three decades, the Institute for Fiscal Studies said.

The Independent UK

Half of children in single-parent families living in 'relative poverty'

It was double the number of those with two parents

Wales Online

Almost half of children in lone-parent families in relative poverty – IFS

Some 1.5 million children were living in relative poverty in 2019-20 before the coronavirus pandemic hit, the Institute for Fiscal Studies said.

The Independent UK

Half of all children in lone-parent families are in relative poverty

Exclusive: IFS study shows impact of Tory cuts to benefits and cost of living crisis on single mothers

The Guardian - UK

Wednesday briefing: Defence secretary Ben Wallace goes on the warpath over military spending

In today’s newsletter: As Boris Johnson, armed forces leaders and Wallace give mixed signals on military spending plans, Archie Bland tries to make the numbers add up

The Guardian - UK

More 65-year-olds living in poverty as state pension age rose to 66, says IFS

The increase in 65-year-olds in poverty was concentrated among renters, single people and those with lower levels of education, researchers said.

The Independent UK

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The Guardian - UK

English universities over-reliant on overseas students’ fees, report warns

Public accounts committee says institutions ‘potentially exposed to significant financial risks’, with 80 declaring annual deficit

The Independent UK

Government support for poorer students ‘to fall to lowest level in seven years’

Students are turning to payment apps such as Klarna or food banks to make ends meet says NUS.

The Guardian - UK

Adult education and apprenticeships budget will be 25% down since 2010

IFS says cuts and inflation far outweigh £900m promised new spending, undermining levelling up ambitions

The National (Scotland)

Tory MSP leaves 'false' tweet up – despite being corrected by expert he quoted

WHAT do you do if you make a mistake? Apologise? Try to make amends?

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The Hindu

State Forest officer promoted to IFS cadre a day before retirement

MYSURU

Insider UK

Scottish Government takes the scalpel to public services

Digging into yesterday's Spending Review documents reveals the extent of upheaval during the next few years

Wales Online

Houses only cost £40,000 in today's money but less than half of people lived to 70 - life when Queen took the throne in 1952

There have been some fascinating changes in society - but house prices are more than six times what they were then

The Independent UK

Platinum Jubilee generation ‘have seen huge changes over their lives’

The Institute for Fiscal Studies looked at how the lives of people who turn 70 this year have turned out, including their health and wealth.

Evening Standard

‘Platinum Jubilee generation’ have had the good life, say top economists

The “Platinum Jubilee Generation” who are 70 this year have been better off than the population as a whole at every point in their adult lives, leading economists said on Monday.

Insider UK

Axing or taxing - difficult decisions ahead for Kate Forbes

Tomorrow's Spending Review announcement comes during a particularly tight time for the economy

The National (Scotland)

Scotland faces 'difficult finances' amid claims of £3.5 billion 'black hole'

FINANCE Secretary Kate Forbes has said Scotland faces a “very difficult financial position” over the next few years amid rising tax warnings…

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