The Latest Breaking News from IFS

Brexit minister says people will find Partygate scandal ‘fundamentally trivial’ in the context of war in Ukraine

An income tax freeze is now expected to mean a £20.5 billion tax rise, the Institute for Fiscal Studies said.

The Institute for Fiscal Studies pointed to a ‘crucial tweak’ in the policy’s supporting documents.

Critics say plans among ‘most regressive yet’, while high-earning borrowers ‘stand to benefit substantially’

Employees in their 50s could be losing out on as much as £2,400.

IFS paper shows how inflation is eroding loans and fees enabling government to claw back £2.3bn

Exclusive: Britain must address an annual spending black hole of around £60bn in the years ahead, according to the IFS

The Levelling Up White Paper was finally unveiled by Michael Gove and the government today with great fanfare - but it comes two years after Boris Johnson's pledges, throws it forward to 2030 and has no new money. Here are the biggest problems, according to its critics

Policy experts have broadly welcomed the Levelling Up White Paper, but questioned whether there would be enough money to achieve its aims.