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IFS

Cabinets From Both UK And Scottish Governments Meet In North East Scotland

Scottish Independence: The Cost of Living Like This

28 May 2014 13:40

Yippee! The number-crunching boffins are at war again. The UK and Scottish governments have today released rival forecasts for life in an independent Scotland. It will not surprise you that… Continue reading

176 Comments
Image: Getty

Does Alex Salmond want to swap rule from London for rule by OPEC?

4 March 2014 17:30

Another day, another hole blown in Alex Salmond’s case for breaking up Britain. The IFS has today published its estimates (based on the OBR’s) for Scottish oil and gas revenues,… Continue reading

62 Comments
Tax

Forget 50p — scrap the 60p tax rate

12 March 2013 14:50

Imagine if a Chancellor stood up and announced that those earning up to £100,000 would pay a 40p tax rate, those earning £100,000 to £112,950 will pay a 60p rate,… Continue reading

22 Comments
Picture: Getty Images

Tinkering with tax isn’t enough

22 February 2013 15:04

Should the 10p tax rate be brought back? Should the top rate be higher, or lower? Can the personal allowance be raised further? Is a mansion tax a good idea?… Continue reading

65 Comments
Steve Webb has today announced that a new 'single tier' state pension will be introduced in 2017. Picture: Getty Images

Briefing: Simplifying the state pension

14 January 2013 18:11

There certainly seems to be something to be said for keeping an effective minister in the same post. After two years and eight months in the job, Steve Webb is… Continue reading

23 Comments
The IFS says the policies in George Osborne's Autumn Statement will hit the rich and the poor, but make the upper middle better off. Picture: Getty Images

A budget for the squeezed middle

6 December 2012 16:55

Ed Miliband may have coined the term, but it seems George Osborne has the squeezed middle on his mind too. The overall effect of yesterday’s budget* was to take from… Continue reading

6 Comments
The IFS says George Osborne must not use the QE transfer to claim he's meeting his debt target. Graphic: Carla Millar

IFS warns Osborne: don’t cook the books, like Brown

26 November 2012 12:19

The Institute for Fiscal Studies has today published its attempt to predict what the OBR forecasts will show when they’re released as George Osborne sits down after delivering his Autumn… Continue reading

26 Comments
111710

Balls wants you to trust him

6 May 2012 18:24

It’s only ten days or so since Ed Balls was last quizzed by Andrew Neil, but there he was rehashing many of the same lines on the Sunday Politics today.… Continue reading

30 Comments
119210

Is Alexander ushering in Austerity Squared?

23 April 2012 12:15

23rd April, 2012 — mark it down in your calendars, CoffeeHousers. For, after weeks of froth and fury about tax, today’s the day when the government focused on spending cuts… Continue reading

23 Comments
126210

Balls goes on the attack over tax credits

5 April 2012 9:49

After all the commotion about various policies in last month’s Budget, the focus this morning has shifted to measures announced back in 2010. Why? Because they take effect tomorrow. So… Continue reading

8 Comments
21110

The IFS gives its Budget verdict

22 March 2012 16:15

The Institute for Fiscal Studies’ briefing is always a good place to pick up a few interesting nuggets of detail about the Budget — and this year’s is no exception.… Continue reading

13 Comments
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The man behind the Budget

17 March 2012 15:51

In today’s Telegraph, I profile Rupert Harrison, chief economic adviser to George Osborne and the man who’ll do more than anything else (including his boss) to shape next week’s Budget.… Continue reading

26 Comments
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The conflict over 50p has escalated once again

1 March 2012 10:00

Just like fuel duty, George Osborne can’t shake off the fury and discontent over the 50p tax rate. This morning, in a letter to the Telegraph, 537 bosses of small-to-medium-size… Continue reading

33 Comments
154810

The 50p tax debate won’t be settled this year — but it might be escalated

11 February 2012 10:26

More evidence this morning that the government won’t be dropping the 50p rate any time soon, in the form of an interview with Danny Alexander. ‘This is not the time… Continue reading

27 Comments
1571

Your six-point guide to the Green Budget

1 February 2012 16:27

As promised earlier, here’s my more detailed supplementary take on today’s IFS Green Budget. I’ve distilled it down into six points, but obviously there’s much, much more in the actual… Continue reading

3 Comments
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The view from the Institute for Fiscal Studies

1 February 2012 11:48

It’s the halftime coffee break here at the launch of the Institute for Fiscal Studies’ Green Budget, so I thought I’d send CoffeeHousers a quick update. But first, just to… Continue reading

8 Comments

We need better schools, not more spending

25 October 2011 16:09

More money, better services? You might have thought that Gordon Brown had already tested that theory to destruction, but here it is again in the coverage of today’s Institute for… Continue reading

13 Comments

Right to reply: The truth behind the poverty figures

11 October 2011 19:13

This morning, Fraser published a piece criticising the Institute for Fiscal Studies’ definition of poverty. Here is a counterpunch from Julia Unwin, Chief Executive of the Joseph Rowntree Foundation, which… Continue reading

46 Comments

The poverty of the poverty measure

11 October 2011 9:40

‘400,000 children will fall into relative poverty by 2015, says IFS’ we read on The Guardian’s front page today — yes, one of the most pernicious ideas of recent years… Continue reading

33 Comments

Is the health budget falling or not?

2 October 2011 17:30

Before the election, the Conservatives promised they’d "protect" the NHS, which they defined as increasing its real-terms budget year-on-year. This is a rather dangerous promise because it makes ministers hostage… Continue reading

7 Comments

50p tax isn’t just hurting the economy, but Treasury revenues too

7 September 2011 15:25

So where were these 20 economists when Gordon Brown first set the 50p trap for George Osborne? Then, Brown’s gamble was that the Shadow Chancellor was a political strategist with… Continue reading

24 Comments

Brown still hovers over the 50p tax debate

5 August 2011 15:05

A number of papers report today that George Osborne is minded to replace the 50p tax with Gordon Brown’s original proposal: a 45p tax. How the ex-PM will be laughing.… Continue reading

31 Comments

Inflation: cock-up, not conspiracy

14 June 2011 12:03

Britain has the worst inflation in Western Europe; this is today’s story. CPI is 4.5 per cent and RPI is 5.2 per cent. This masks even worse rises which, as… Continue reading

41 Comments

Ed Balls ties himself in knots

31 March 2011 16:43

The Most Annoying Figure in British Politics™ is spread absolutely everywhere today: in the newspapers, on Twitter and, most notably, in interview with the New Statesman’s Mehdi Hasan. The interview… Continue reading

87 Comments

Memo to Johann Hari: this government isn’t planning to "pay off our debt rapidly"

29 March 2011 15:21

What is the biggest lie in British politics? According to a new post by Johann Hari, it’s that our debt is at dangerously high levels. "As a proportion of GDP,"… Continue reading

77 Comments