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The Latest Breaking News from IFS

Awareness of Sharia-compliant pension options should be increased, says IFS

Policymakers and businesses should look at ways to simplify the process of switching to Sharia-compliant investment strategies, the IFS said.

Evening Standard

‘Hotel of mum and dad’ in UK at its fullest in two decades, study finds

Almost a fifth of adults aged 24-34 are living with parents, particularly young men and those in areas of high-cost housing

The Guardian - UK

Hotel of mum and dad: Huge increase in adults living at their parents house

Men are more likely than women to be living at home

The Independent UK

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Reeves defiant over China trip in face of growing criticism and economic turmoil

Labour chancellor accused of ‘undesirable’ policies and ‘incompatible promises’

The Independent UK

Schools in England face ‘death by a thousand cuts’, headteachers say

Rising costs likely to outstrip funding in coming year, despite recent injections of additional money

The Guardian - UK

Schools face tight budgets as rising costs may outstrip growth in funding – IFS

State schools in England could struggle to cover their costs in the next academic year, a report has suggested.

The Independent UK

Senior IFS officer Srinivas Gotru appointed as next Ambassador of India to ASEAN

According to the Ministry of External Affairs, he is expected to take the charge shortly. Read further on Dynamite News:

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Voices: Rachel Reeves is relying on a risky strategy – that may well backfire

COMMENT: The chancellor’s approach can hardly be considered prudent – especially when it depends so heavily on economic growth, writes John Rentoul

The Independent UK

U.K. millennials will probably never see same income boom as elders, study shows

Income growth in the U.K. slowed massively after the financial crash, while it sped up in countries like the U.S. and Germany.

Fortune

The Guardian view on reforming special needs education: a demanding test for ministers

Editorial: The system has been stretched to breaking point. The government needs to come up with a plan

The Guardian - UK

‘Tractor tax’ blow to Starmer as Labour expert calls for government U-turn

Leading figure – whose analysis Starmer used to defend controversial policy – calls for inheritance tax threshold on farmers to be increased from £1m to £20m

The Independent UK

Fix SEN funding to avoid ‘absurd’ council deficits in England, IFS says

Thinktank calls on government to set a long-term vision for radical change

The Guardian - UK

Funding increases for pupils with special educational needs insufficient – IFS

The Government recently earmarked £740 million of funding to create more specialist places in mainstream schools in England for children with Send.

The Independent UK

Air pollution hits 20-year low but public health risks remain – think tank

Almost all of England is still exposed to levels that the World Health Organisation associates with significant public health risks, researchers said.

The Independent UK

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The Independent UK

Five months of Keir Starmer in numbers, from record tax rises to sinking ratings

As PM announces a new set of targets for his government today, how has he fared in his first five months in the job? Our data correspondent reports.

Evening Standard

Robison advised to ‘bank’ some of Budget spending boost ahead of tough choices

The Finance Secretary would be wise to carry over some of the additional £1.5 billion from the UK Budget this year, the IFS think tank has said.

The Guardian - UK

Inheritance tax on farms should be delayed to avoid unfairness, says thinktank

IFS suggests making gifts of land before a certain date tax-free so that elderly farmers would not be caught out

Evening Standard

Fewer than 500 farms a year will be hit by inheritance tax changes, says IFS

The economics think tank said tax planning would likely decrease the number of farms caught up by the tax reforms

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The Independent UK

Fewer than 500 farms a year likely to be hit by tax changes – think tank

The economics think tank said tax planning would likely decrease the number of farms caught up by the tax reforms.

Evening Standard

Many farmers ‘wrong’ about inheritance tax change, Environment Secretary says

Steve Reed rejected claims that the Government has underestimated how many will be affected by the plans.

The National (Scotland)

Michael Marra 'ridiculous' for criticising Scottish higher taxes, say SNP

THE SNP have branded a Labour MSP “ridiculous” after he criticised Scotland having higher taxes for the wealthy.

The National (Scotland)

'Uncertainty' over whether SNP tax policy has cut revenues, says think tank

RESEACHERS have said they are unable to establish whether higher taxes in Scotland have cut Government revenues.

Evening Standard

OPINION - What happened when London's youth clubs shut

Exactly what you’d expect, to be honest

Evening Standard

'Damning': London youth club closures led to increase in crime, report suggests

Mayor of London, Sadiq Khan described the report as ‘damning’

The Independent UK

Youth club closures led to increased offending and worse GCSE results – IFS

The impact of the closures in London was even more severe for disadvantaged pupils, according to the working paper.

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