Slashing taxes would add to pressures on public finances unless spending is also cut, the IFS warns.
Read moreBy Noor Nanji
Business reporter, BBC News
BBC News Economy
Warning Tory leadership tax cut pledges unrealistic
Slashing taxes would add to pressures on public finances unless spending is also cut, the IFS warns.
Top Stories
Warning Tory leadership tax cut pledges unrealistic
Slashing taxes would add to pressures on public finances unless spending is also cut, the IFS warns.
US and Taiwan announce formal trade negotiations
The talks come weeks after a controversial visit to Taiwan by US House Speaker Nancy Pelosi.
Food prices push inflation to new 40-year high
Prices climb 10.1% in the year to July as the cost of food, household goods and holidays soars.
Inflation drives fastest fall in real pay on record
Wage growth is lagging behind soaring prices as households grapple with the rising living costs.
UK economy shrinks as outlook on recession darkens
The economy shrank by 0.1% leading some experts to warn a recession could start sooner than expected.
US inflation eases in July as petrol prices drop
US consumer prices rose at annual rate of 8.5% in July, more slowly than June as petrol prices fell
Over-50s quitting fuels inflation, warns John Lewis
Boss Dame Sharon White says the government must think about how to get older people back into work.
Featured Contents
Warning Tory leadership tax cut pledges unrealistic
Slashing taxes would add to pressures on public finances unless spending is also cut, the IFS warns.
US and Taiwan announce formal trade negotiations
The talks come weeks after a controversial visit to Taiwan by US House Speaker Nancy Pelosi.
Food prices push inflation to new 40-year high
Prices climb 10.1% in the year to July as the cost of food, household goods and holidays soars.
Inflation drives fastest fall in real pay on record
Wage growth is lagging behind soaring prices as households grapple with the rising living costs.
UK economy shrinks as outlook on recession darkens
The economy shrank by 0.1% leading some experts to warn a recession could start sooner than expected.
US inflation eases in July as petrol prices drop
US consumer prices rose at annual rate of 8.5% in July, more slowly than June as petrol prices fell
Over-50s quitting fuels inflation, warns John Lewis
Boss Dame Sharon White says the government must think about how to get older people back into work.
US and Taiwan announce formal trade negotiations
The talks come weeks after a controversial visit to Taiwan by US House Speaker Nancy Pelosi.
Food prices push inflation to new 40-year high
Prices climb 10.1% in the year to July as the cost of food, household goods and holidays soars.
Inflation drives fastest fall in real pay on record
Wage growth is lagging behind soaring prices as households grapple with the rising living costs.
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