The Latest Breaking News from IFS

IFS paper shows how inflation is eroding loans and fees enabling government to claw back £2.3bn

Exclusive: Britain must address an annual spending black hole of around £60bn in the years ahead, according to the IFS

The Levelling Up White Paper was finally unveiled by Michael Gove and the government today with great fanfare - but it comes two years after Boris Johnson's pledges, throws it forward to 2030 and has no new money. Here are the biggest problems, according to its critics

Policy experts have broadly welcomed the Levelling Up White Paper, but questioned whether there would be enough money to achieve its aims.

The Government’s paper for improving opportunities outside the south-east of England is expected on Wednesday.

A focus on place over poverty could prevent the government from achieving its aims of boosting life chances for all citizens, a leading economic think tank has warned

Some older pensions risk being poor value for money as the fees charged are often relatively high, the IFS warned

By mid-2021, the male employment rate at age 65 rose to 42% and the female rate to 31%.

Combined, 65-year-olds are working an additional 1.8 million hours per week

Sharp increases in employment at the age of 65 have been seen in poorer areas in particular, the Institute for Fiscal Studies said.