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The Latest Breaking News from IFS

Britons to be £500 worse off despite government support, says IFS

Higher earners will be more than £1,000 out of pocket compared to last year, analysis shows

The Independent UK

Chancellor Kwasi Kwarteng to deliver biggest tax cuts since Nigel Lawson’s Budget 34 years ago, says IFS

The Institute for Fiscal Studies also warned the Government’s dash for growth may not deliver on anything like the scale hoped for

Evening Standard

UK’s mounting debts unsustainable if sweeping tax cuts go ahead, warns IFS

Concerns mount before mini-budget that precarious financial position will spark run on sterling

The Guardian - UK

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Liz Truss’s plans for tax cuts ‘a gamble at best’, says leading think tank

The Institute for Fiscal Studies said the new PM risks putting the public finances on an ‘unsustainable path’

Evening Standard

Liz Truss tells US corporate giants her tax cuts ‘just the start’, despite warnings of unsustainable debt

PM promises ‘lower, simpler taxes’ – despite new warning UK public finances on ‘unsustainable path’

The Independent UK

Lowest paid workers to gain just 63p a MONTH under Liz Truss's National Insurance cut

The Institute for Fiscal Studies (IFS) thinktank warned that scrapping the 1.25 per cent NI rise would benefit wealthier households and do little to help the poorest workers

Daily Mirror

‘Who pays?’: Labour go on the attack over Truss’s energy plans

Opposition says PM has not detailed how she will fund her price freeze after ruling out windfall tax

The Guardian - UK

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Poorest to gain just 63p a month from reversing national insurance hike, study warns

People earning above £100,000 will benefit most from tax cut in Friday’s mini-Budget, says IFS

The Independent UK

Forest staff praised for preventing man-animal conflict in Kuppam of A.P.

Tributes paid to slain IFS officer P. Srinivas on National Forest Martyrs Day

The Hindu

State pension triple lock under fire as experts warn new PM Liz Truss could scrap it

New Prime Minister Liz Truss is facing calls to water down state pension increases in future years by scaling back the triple lock promise which sets the level of retirement benefits

Daily Mirror

The options for Liz Truss to help your energy bills – and how likely they are

Britain's next Prime Minister has said she will announce cost of living help this week, but after attacking 'handouts' and 'Gordon Brown economics', what does she have in the locker?

Wales Online

Eight ways Prime Minister Liz Truss could aid with energy bills - and the likelihood of them happening

Liz Truss has today been given the role as the United Kingdom's Prime Minister, after earlier this week saying she will announce cost of living help. But what exactly does she have left in the locker now she has assumed her role?

Chronicle Live

All the options Liz Truss has to help your energy bills - and how likely each will be

Liz Truss is likely to be the next Prime Minister - and has said she'll announce cost of living help this week. But after she attacked 'handouts' and 'Gordon Brown economics', what does she have left in the locker?

Daily Mirror

Liz Truss says her tax cuts are 'fair' in front of big graph showing they help the rich

The likely next Prime Minister insisted it was 'fair' to forge ahead with a National Insurance cut - despite being confronted with a stark graph live on the BBC

Daily Mirror

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The National (Scotland)

Scotland 'could see more funding per person' as population declines, report says

SCOTLAND'S declining population could benefit the Scottish Government’s budget if it remains part of the UK, a report has said.

Evening Standard

Tfl cable car to get full rebrand next month as new sponsor finally found

The cable car opened in 2012 ahead of the London 2012 Olympic and Paralympic Games

Daily Mirror

Education leaders mull over buying jumpers to keep poorer children warm in winter

Officials are desperate to come up with a plan after energy prices rose to £3,549 on Friday with £6,600 expected next year. The squeeze on budgets will also affect schools and needier pupils

Daily Mirror

11 things Rishi Sunak said that could come back to haunt Liz Truss if she wins

Liz Truss is expected to be named Prime Minister after a summer of vicious infighting. Her rival Rishi Sunak has landed a string of damaging blows along the way which could pose problems for the Tories

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The National (Scotland)

'Rosy' GERS figures ahead of 2023 indyref may bring boost for Yes, IFS argues

NEXT year’s GERS figures may be “fortuitous” for the pro-independence movement, painting a “relatively rosy picture” of Scotland’s…

Evening Standard

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.

Manchester Evening News

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%.

Daily Mirror

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

The Guardian - UK

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

Wales Online

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

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