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: Institute for Fiscal Studies
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).
If the coalition is to meet its spending targets it will have to make further cuts to departmental budgets.
As the DWP publishes its annual Households Below Average Income figures, coalition policies are cancelling out a decade’s progress in tackling child poverty.
Alex Hern reports on Ed Balls’s active background role in today’s Prime Minister’s Questions, and his canny prepared graph.
The IFS has disputed Danny Alexander’s claim that 80 per cent of families will be “better off” as a result of the tax and benefit changes coming into force today.