The UK government’s job retention scheme, aimed at saving jobs during the coronavirus pandemic, could cost up to three times the amount originally forecast, according to think-tank the Resolution...
The Debt Management Office is set to auction a record £45bn in gilts this month, in order to help finance the government’s response to the coronavirus pandemic.
A reform of the council tax system could see a 50% decrease in payments for people in the most deprived regions of the country, says the Institute of Fiscal Studies.
Chancellor Rishi Sunak must either raise taxes or abandon the government’s fiscal rules if he wants to avoid continuing austerity, a leading think-tank has warned.
The Conservatives’ funding plans for local government will lead to “further retrenchment” in council services, according to analysis by the Institute for Fiscal Studies.
Both Labour and the Conservatives are not being honest with the electorate over tax and spend pledges in their manifestos, the Institute for Fiscal Studies has said.
Protecting social care spending has forced English councils to cut other services by 40% in the last 10 years, according to the Institute for Fiscal Studies.
Revoking Brexit would be the best outcome for the UK economy while a no-deal scenario would double government borrowing, a major economic study has found.
The prime minister’s plans to cut revenue received from National Insurance contributions and higher income tax would cost billions a year, a think-tank has said.
Think-tanks help shape how we live our lives, the laws we’re governed by, the taxes we pay and the services we get, yet we know little about them, write Colin and Carole Talbot.
More than half the top 1% of UK income taxpayers live in London and the south east and are “overwhelmingly male and middle aged”, according to analysis by the Institute for Fiscal Studies.
Pivotal choices loom on local government funding but if we don’t address what we expect from our councils we risk a system that fails to meet needs, says the IFS’ David Phillips.
Real income growth has ground to a halt after five years of recovery, with lowest income households hardest hit because of cuts in benefits and tax credits.
Sure Start centres – that have been closing in their hundreds over the past decade - offer major health benefits to disadvantaged children, a think-tank has found.
Public services face years more of austerity unless the chancellor hands out billions of extra pounds at the Spending Review, an economic think-tank has warned.