The Latest Breaking News from IFS

Tory leadership candidate Rishi Sunak has vowed to drop the 5% charge from October if the energy price cap tops £3,000, describing it as a 'targeted, temporary and timely tax cut'

Last night the former Chancellor announced plans to scrap the 5% charge from October if the energy price cap tops £3,000 - prompting critics to accuse him of flip-flopping

‘Move in exactly the wrong direction’, says economics thinktank

Around 110,000 people are off work with condition at any one time, new research estimates

Researchers say impact of rise to 2 million cases meant it was ‘a significant part of pandemic’s legacy’

 The Centre has informed a delegation from Karnataka that the draft notification of Ecologically Sensitive Areas in Western Ghats will not be implemented till the report from a high-level committee headed by retired IFS officer Sanjay Kumar is received on the issue.

Former chancellor says opponent’s economic policies risk stoking inflation and pushing up interest rates

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

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

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

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