Report claiming net zero will cost UK trillions retracted due to ‘factual errors’

A report that hugely overestimated the cost to the UK of reaching net zero emissions has been retracted by the rightwing thinktank that published it.…

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UK workers will be worse off in 2024 than in 2019, thinktank warns

UK workers’ living standards will flatline next year, leaving them on track to be 4% worse off heading into the next election than they were…

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One in five workers will be higher-rate taxpayers by 2027 – IFS

One in four teachers and one in eight nurses will be higher-rate taxpayers by 2027 as a result of the government’s record freeze on income…

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‘Bank of mum and dad’ stoking Britain’s rising inequality, warns report

Billions of pounds loaned by the “bank of mum and dad” to help with property purchases and to boost the finances of newly married offspring…

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IFS: Millions in Britain ‘face stealth tax raid’ under Liz Truss’s plans

Millions of households are facing a “stealth” tax raid under Liz Truss’s government despite her promise to support workers through the cost-of-living crisis by lowering…

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Average UK household £8,800 a year worse off than those in France or Germany

The UK’s failure to get serious about inequality and weak growth over the past 15 years has left the average British household £8,800 poorer than…

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Experts pile pressure on Boris Johnson over ‘shocking’ new coalmine

Pressure is growing on the government over its support for a new coalmine in Cumbria, as the UK prepares to host the most important UN…

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