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The Latest Breaking News from IFS

London ‘worst in England at keeping nurses’

London has the biggest crisis in England in retaining nurses to deal with the Covid-19 backlog of NHS operations and treatment, a new study has revealed.

Evening Standard

How much students starting university could pay back in loans as interest rates rise

The Government has stepped in and capped interest rates at 6.3%.

Manchester Evening News

A-Level results: Student loans calculator reveals how much your university bill will be

More than 1million school leavers are now preparing to begin university next month, funded by student loans, which have to be paid back - with interest. Our calculator lets you know how much you'll be repaying

Daily Mirror

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New poll gives Liz Truss 32-point lead in Tory leadership race – as it happened

YouGov survey suggests 66% of party members will vote for the foreign secretary over Rishi Sunak

The Guardian - UK

Tory leadership contests should be run faster, minister says

James Cleverly ‘happy if process was over more quickly’, as poll shows Liz Truss has big lead over Rishi Sunak

The Guardian - UK

Tory rivals warned tax cuts could worsen pressures on public spending

Truss defiant as Sunak seizes on stark IFS report to attack her economic plans

Wales Online

Tory candidates warned over tax cut pledges amid worsening economic outlook

Frontrunner Liz Truss and rival Rishi Sunak have repeatedly clashed over competing visions for the UK economy.

The Independent UK

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Tax cuts pledged by Liz Truss and Rishi Sunak not possible without slashing spending, economists say

Institute for Fiscal Studies criticises Tory leadership contenders for failing to be upfront about economic crisis

The Independent UK

UK’s 10% inflation casts doubt on Truss and Sunak’s tax cut promises

Soaring cost of living is forcing up government spending on benefits, pensions and debt leaving no spare cash to lower taxes

The Guardian - UK

Tory leadership tax cut promises ‘hard to square’ with UK’s future, experts warn

The Institute for Fiscal Studies said ‘permanent tax cuts’ could exacerbate pressures on the public purse.

The Independent UK

Truss and Sunak urged to end silence on ‘emergency’ of rocketing energy bills

Tories accused of ‘appalling vacuum of leadership’ as new price cap rise looms

The Independent UK

Extra £12bn ‘needed to maintain value of energy bills help’

Paul Johnson, director of the IFS, says ministers are ‘still playing catch up’

The Independent UK

Labour’s plan to cut energy bills ‘may cost £60 billion’

Labour claims plan would protect households from energy bill rise ‘entirely’

Evening Standard

What Keir Starmer, Liz Truss and Rishi Sunak's energy bill plans save you - compared

Three people bidding to be Prime Minister all have different solutions to the cost of living crisis heading your way. We compare what the trio's plans mean for you

Daily Mirror

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Insider UK

Government must double family support over energy bills – ScottishPower CEO

Energy bosses met with Prime Minister Boris Johnson and other cabinet members to discuss the crisis

The Guardian - UK

Starmer says government ‘just not good enough’ on cost of living crisis as he defends plan to freeze energy bills – as it happened

Labour leader says policy for a windfall tax on energy is needed to reduce inflation

Daily Mirror

Hundreds of bus routes face axe with 'cliff-edge' deadline THIS WEEK - key areas hit

A cut-off date is looming within days for England's bus firms to cut or scrap key routes - as vital government Covid funding runs out in October

Wales Online

Student loan interest rate cap 'does nothing at all to protect current students', say analysts

The interest rate will be capped at 6.3% this autumn and reviewed again in December

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Glasgow Live

New student loan changes affecting everyone who is repaying one

The change affects students with Plan 2 (undergraduate) and Plan 3 (postgraduate) loans - and comes instead of an expected 12% interest rate

Daily Mirror

Tens of millions of working Brits set to be hit by 'stealth tax' of £30billion

Income tax thresholds, including the personal allowance, have been frozen for four years. But inflation is soaring and could hit 13% - meaning people will be dragged into paying more

The Independent UK

Public services face cuts unless £26bn inflation hole plugged, IFS warns

Prices rises will cause cuts in healthcare, education and defence unless the Treasury intervenes, according to a leading economic think tank

The Guardian - UK

Student loan interest rates cut again as inflation and cost of living soar

DfE says maximum rate in England and Wales will be fixed at 6.3%, having previously reduced it to 7.3%

The Guardian - UK

Public services need another £44bn by 2025 to cope with inflation, says IFS

Severe cuts to services feared as rising costs absorb a big chunk of increased departmental spending

The Independent UK

Inflation could wipe out billions pledged for public services, warn experts

The Government’s spending plans are ‘considerably less generous’ than originally intended last autumn, a think tank has warned.

Daily Mirror

One in 25 heart attack deaths in North East would have been avoided in London, poll finds

A study by the Institute of Fiscal Studies said that among 100 otherwise identical patients, around six in these areas would have survived if they had access to the same healthcare as London

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