IFS
IFS: Welsh “lose” from Barnett Formula
Plaid Cymru have dubbed as “significant” new research making clear that the Barnett Formula is underfunding Wales, reports Ed Jacobs.
Miliband: “Tories were encouraging us to deregulate further”
Ed Miliband and Ed Balls have accused the Conservative party of trying to drive the last government further away from regulating the activity of the City of London.
IFS urges Osborne to develop a Plan B
The respected Institute for Fiscal Studies think tank today urged George Osborne to prepare a 'Plan B' for fiscal consolidation in case growth prospects deteriorate.
IFS: Richest to be hit hardest by tax changes in April
The respected economic think tank, the Institute of Fiscal Studies, have released a sneak preview of their annual 'Green Budget', to be launched on Wednesday. What we know so far is that the IFS are saying that tax changes to be brought in in April will cost the richest tenth of households typically 3 per cent of their income, compared to 1 per cent for the general population.
Budget cuts are deeper than Cameron would have you believe
David Cameron's statement that spending would return to 2006 levels once the budget cuts are over obscure the real contraction in public service spending.
Osborne’s financial pain begins as VAT hike hits
Despite the patently dishonest claims by the Tories that the VAT rise is progressive, it will, as the IFS says, hit the poorest hardest - particularly families.