The Latest Breaking News from IFS

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

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.

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.

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

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

The Institute of Fiscal Studies (IFS) said that a "substantial" gap in the Scottish government's finances are likely

One-off levy to fund support package amid cost of living crisis which could include increase in benefits

Rishi Sunak will make a cost-of-living statement to the Commons where he could announce £10bn of new spending - funded by a windfall tax - with Tory sources claiming the brought-forward announcement would mostly help poorer families

IFS and Resolution Foundation warn of disproportionate impact of energy prices on low-income households

Poorer families will be disproportionately affected, according to the Institute for Fiscal Studies

Poorer households may face an eye watering inflation rate of 14 per cent, the influential Institute for Fiscal Studies has said, after the boss of energy regulator Ofgem warned bills will soar even higher this autumn.