Is Ed Miliband’s fiscal responsibility promise just a Houdini lock?
Labour proclaims a “fiscal responsibility lock” in its manifesto – but the IFS says his rules are so vague as to give him a lot of wriggle room.
The think-tank, the Institute for Fiscal Studies, has said both the Conservatives and the Labour Party aren’t being honest about the economic consequences of their manifesto proposals. It didn’t look at the manifestos of the Lib Dems, Ukip and other parties. The IFS warned that the Tories’ pledges to boost NHS spending may well be…
The IFS has scathing words for all the biggest parties as it accuses them of not being straight with voters over spending plans.
Labour proclaims a “fiscal responsibility lock” in its manifesto – but the IFS says his rules are so vague as to give him a lot of wriggle room.
Ed Miliband kicked off the first day of the election campaign by launching Labour’s business manifesto, while David Cameron laid into the opposition leader on the doorstep of No.10.
Labour says people are £1,600 worse off under the coalition. George Osborne says we will be £900 better off. Who’s right?
It’s a new year, but old habits die hard for the spinners trading dodgy claims as the election battle begins in earnest.
This is a fiscally neutral budget of slight readjustments, rather than a major economic moment.
Have Treasury civil servants been sending coded warnings that public sector cuts might be getting out of hand? The IFS thinks so, blogs Political Editor Gary Gibbon.
The poverty projections released by the IFS and the Joseph Rowntree Trust today are pretty shocking. They are well-covered elsewhere. I would point to two things. One in four children are set to be living in absolute poverty by 2020. The Coalition inherited about one in six children in absolute poverty. the Government’s target under…
Surrounded by death masks and shrouds, the IFS is giving its economic forecasts on the bowels of the British Museum. They are marginally but significantly gloomier than the OBR. blogs Political Editor Gary Gibbon.
Faisal Islam blogs on the difficulties the coalition government faces with tackling poverty.
Initially I have to confess that I had presumed that the Educational Maintenance Allowance must be a £30 a week bribe likely to be used to download X factor music for near-feral youths. Probably to play through loudspeakers and annoy me on my local bus.
The Institute for Fiscal Studies examines whether George Osborne’s spending cuts are progressive or regressive.
Whichever way you skin it, this budget is regressive and will hurt the poorest more, Faisal Islam writes.
‘Clearly regressive’ are two words that will be sending shivers down the spines of the Coalition ministers. For the first time the Institute of Fiscal Studies (IFS) has completed a comprehensive analysis of who will pay for the Budget measures announced in June, known as a distributional analysis in the jargon.