The Latest Breaking News from Institute for Fiscal Studies

A rapid rise in energy prices for households and businesses this year has led the UK government to outline its energy price guarantee plan, designed to ensure a typical household will pay no more than £2,500 annually for two years from October 1 2022. Businesses will have their energy costs…

Institute for Fiscal Studies boss Paul Johnson tore into the Conservative frontrunner's tax plans - as ex-Chancellor Lord Darling warned of the 'lethal cocktail' facing the British economy from inflation and a looming recession

Institute for Fiscal Studies (IFS) chief Paul Johnson said it was a 'mystery' why Tory leadership hopefuls were obsessing over tax cuts when the country was heading into recession

Amid projections of higher inflation and a recession that could last more than a year, the Institute for Fiscal Studies has made one thing clear: whoever wins the Conservative leadership election will have to provide more support for households.

Candidates face Tory members in Eastbourne; former chancellor, who was filmed saying he tried to divert funds from ‘deprived urban areas’, says it was sensible

Institute for Fiscal Studies says spend per pupil set to be lower in 2025 than in 2010, with budgets already under strain from rises in food, energy and wage bills

Institute for Fiscal Studies report, published last week, found that benefit cuts had pushed up child poverty levels prior to the Covid-19 pandemic, with families with three or more children seeing “substantially larger” increases.

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

There is a £1,352 gap depending on where children go to school with 6.3% more budgeted for school spending across Wales