Lockdown easing SHOULD speed up if infection rates and vaccine drive data remain positive to save the economy, says boss of influential Institute for Fiscal Studies Paul Johnson, director of IFS, said ‘if we can do it quicker we absolutely should’ Mr Johnson said ‘no need to stick to a date if things go better … Read more
Tax rises look ‘more likely than ever’ in future years as the Government’s spending splurge amid the pandemic rolls on, the Institute for Fiscal Studies has warned. The IFS said Chancellor Rishi Sunak is likely to need to raise around £60billion via taxes over the coming years. But, with Britain’s economy facing an ‘extraordinarily’ uncertain … Read more
More than a million self-employed workers are missing out on financial support from the Government because they have another source of income leaving many facing ‘serious hardship’, warns the IFS Government set up Self-Employment Income Support Scheme during pandemic It provides payments once a quarter worth 80 per cent of pre-pandemic profits But Institute for … Read more
Rishi Sunak will need to find £40BILLION a year in tax rises and spending cuts by the middle of the decade if he wants to balance the books in the wake of the coronavirus crisis, says IFS as it warns UK is in ‘uncharted territory’ Institute for Fiscal Studies said the UK economy is in … Read more
Top universities have called on the Government for additional funds to take on more students and for the cap on the number of pupils studying medicine to be lifted amid fears ministers face a £3billion bailout. Thousands of students are scrambling to get places at their first choice university after ministers screeching u-turn on A-Level … Read more
Boris Johnson‘s reasoning for refusing to exempt foreign NHS workers from the healthcare surcharge began unravelling tonight when a top economist slapped down his suggestion it would cost hundreds of millions. The Prime Minister today hailed the £400 annual fee for migrants as a £900million revenue raiser, as he swatted away calls for the government … Read more