Finance News – Ifs
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Labour urged to scrap state pension triple lock
The Institute for Fiscal Studies recommends ending the current pension guarantee worth £145 billion and introducing mandatory employer contributions to private pension plans to add...
Read Full Article →Welfare bill climbdown will have ‘a cost’ at budget, says senior minister
The government’s reversal on proposed welfare reforms is expected to impact fiscal planning, with analysts suggesting this shift could increase the probability of tax adjustments i...
Read Full Article →Higher tax ‘inevitable’ as PM makes defence spending pledge
Increasing defence expenditure to a larger portion of the country’s economic output is likely to require additional revenue generation through taxation, according to economic analy...
Read Full Article →There hasn’t been a ‘big chancellor’ since Osborne: IFS chief gives final mark
Paul Johnson highlights the challenge of managing the economy effectively amid political and public resistance to difficult financial decisions, impacting long-term fiscal leadersh...
Read Full Article →Demob-happy IFS director tears into Rachel Reeves’s spending review
The outgoing IFS director’s critical assessment suggests that the spending review may barely avoid tax increases, highlighting potential challenges in achieving fiscal targets with...
Read Full Article →Spending Review: IFS chief suggests Treasury ‘making up numbers’ over DOGE-style Whitehall cuts
A recent analysis raises concerns that projected savings in key government departments may be overstated, as some budget reductions coincide with planned increases in actual spendi...
Read Full Article →Council tax spike to pay for Reeves spending plans
A recent analysis indicates that local tax contributions will increase significantly to fund upcoming municipal expenditures outlined in government financial strategies, marking th...
Read Full Article →Rachel Reeves must think big to fund Labour’s ‘battle-ready’ Britain. Tweaks and tinkering won’t do...
The upcoming spending review presents a critical opportunity to address ongoing fiscal imbalances through strategic investment and careful management of borrowing, taxation, and pu...
Read Full Article →Starmer’s defence spending will mean ‘chunky’ tax rises, warns IFS
Increasing the budget for national defense by £10-15 billion annually is expected to lead to substantial tax increases, as higher expenditures also coincide with growing costs in h...
Read Full Article →IFS says tough public spending choices unavoidable
The influential think tank highlights that increased investments in healthcare and defense will necessitate reductions in other public sectors to balance the overall budget effecti...
Read Full Article →Reeves’ spending review ‘natural point’ to boost defence -IFS
The forthcoming fiscal assessment offers an opportunity to increase military funding, as analysts highlight that healthcare and defense budgets will be central to the Chancellor’s...
Read Full Article →Fair taxation is about more than bashing the rich | Letters
Implementing a more balanced approach to taxation, including aligning capital gains with income tax and adjusting local taxes, could generate significant government revenue while i...
Read Full Article →With AI, ‘everything is under review’ at London-based tech firm IFS
IFS, a London-based technology company currently valued at €15 billion, is intensifying investment in industrial artificial intelligence to transform its operations and pursue a re...
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