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The Latest Breaking News from IFS

Rishi Sunak offer to cut VAT on energy ‘threatens climate change targets’

‘Move in exactly the wrong direction’, says economics thinktank

The Independent UK

Rise in long Covid sufferers unable to work costs UK £1.5bn a year

Around 110,000 people are off work with condition at any one time, new research estimates

The Independent UK

Long Covid costing UK workers up to £1.5bn yearly in lost income, says IFS

Researchers say impact of rise to 2 million cases meant it was ‘a significant part of pandemic’s legacy’

The Guardian - UK

From analysis to the latest developments in health,
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Centre will not implement draft notification of ESA in Western Ghats till it gets panel report: CM

The Centre has informed a delegation from Karnataka that the draft notification of Ecologically Sensitive Areas in Western Ghats will not be implemented till the report from a high-level committee headed by retired IFS officer Sanjay Kumar is received on the issue.

The Hindu

Rishi Sunak steps up attack on Truss tax cuts as poll puts his rival well ahead

Former chancellor says opponent’s economic policies risk stoking inflation and pushing up interest rates

The Guardian - UK

Tory leadership: Liz Truss’s tax cuts will damage public services and bust Treasury rules, economists warn

Race favourite’s economic credibility under fire – as she appears to be coasting to victory in vote by Tory members

The Independent UK

Liz Truss tax cuts policy ‘ridiculous’ and risks 1970s-style inflation, economists warn

Experts reject Tory candidate’s claim tax cuts ‘will decrease inflation’ – and warn of austerity era ahead

The Independent UK

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Benefit cuts since 2010 increased UK child poverty in run-up to pandemic, says IFS

Austerity-era policies meant poverty among larger families in poverty rose at significantly faster rate, says thinktank

The Guardian - UK

Share of children in material deprivation ‘fell by a quarter before pandemic’

Relative child poverty rose over the same period, the Institute for Fiscal Studies found.

The Independent UK

Andhra Pradesh: Madhusudhan Reddy takes over as PCCF

He is also placed in full additional charge of the post of HoFF until further orders

The Hindu

DWP warned about PIP payment delay impact with claimants waiting months for cash

The Government urged to 'get a grip' on the backlog of PIP payments by Citizens Advice as people increasingly struggle during the cost of living crisis

Chronicle Live

PIP claimants warned over '£300m payment delays'

Some people are waiting five months for a decision on disability benefits

Liverpool Echo

Disabled benefits claimants ‘waiting months for £300m in delayed PIP payments’

Working-age claimants are waiting five months for a decision

Wales Online

Disabled benefits claimants ‘waiting months for £300m in delayed payments’

Disability benefit claims have risen steadily over the past three decades, the Institute for Fiscal Studies said.

The Independent UK

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Wales Online

Half of children in single-parent families living in 'relative poverty'

It was double the number of those with two parents

The Independent UK

Almost half of children in lone-parent families in relative poverty – IFS

Some 1.5 million children were living in relative poverty in 2019-20 before the coronavirus pandemic hit, the Institute for Fiscal Studies said.

The Guardian - UK

Half of all children in lone-parent families are in relative poverty

Exclusive: IFS study shows impact of Tory cuts to benefits and cost of living crisis on single mothers

The Guardian - UK

Wednesday briefing: Defence secretary Ben Wallace goes on the warpath over military spending

In today’s newsletter: As Boris Johnson, armed forces leaders and Wallace give mixed signals on military spending plans, Archie Bland tries to make the numbers add up

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The Independent UK

More 65-year-olds living in poverty as state pension age rose to 66, says IFS

The increase in 65-year-olds in poverty was concentrated among renters, single people and those with lower levels of education, researchers said.

The Guardian - UK

English universities over-reliant on overseas students’ fees, report warns

Public accounts committee says institutions ‘potentially exposed to significant financial risks’, with 80 declaring annual deficit

The Independent UK

Government support for poorer students ‘to fall to lowest level in seven years’

Students are turning to payment apps such as Klarna or food banks to make ends meet says NUS.

The Guardian - UK

Adult education and apprenticeships budget will be 25% down since 2010

IFS says cuts and inflation far outweigh £900m promised new spending, undermining levelling up ambitions

The National (Scotland)

Tory MSP leaves 'false' tweet up – despite being corrected by expert he quoted

WHAT do you do if you make a mistake? Apologise? Try to make amends?

The Hindu

State Forest officer promoted to IFS cadre a day before retirement

MYSURU

Insider UK

Scottish Government takes the scalpel to public services

Digging into yesterday's Spending Review documents reveals the extent of upheaval during the next few years

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