Britain faces at least five years of savage pending cuts if deficit reduction plans announced by chancellor George Osborne are enacted, according to the respected Institute for Fiscal Studies (IFS).
Tag Archives: IFS
The respected Institute for Fiscal Studies has cast doubts over the assumptions underlying the Scottish government’s assessment of public finances.
The government is citing out of date figures in an attempt to wriggle out of its food bank shame, writes James Bloodworth.
Despite the sort of spin that we saw last Friday, people really are worse off under the Tories.
The poor will be the hardest hit in the long-term by the economic downturn as a result of the government’s changes to the benefits system, according to the Institute for Fiscal Studies (IFS).
Budget 2013: IFS says borrowing in 2014 will be 70bn more than hoped in 2010.
If the coalition is to meet its spending targets it will have to make further cuts to departmental budgets.