IFS: budget will be ‘work of fiction’ without clear plan to cover UK spending pressures
Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next year John Healey has been warned by Britain’s…
The Guardian reports: Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next year John Healey has been warned by Britain’s leading tax and spending experts that his budget risks being a “work of fiction” unless he sets out plans to cover £35bn in spending pressures.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include IFS, UK and John Healey.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- IFS, UK, John Healey, Britain
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
Related Stories
Christian nationalism in Britain driven by people who seldom go to church, says report
Research challenges the notion that the growing visibility of crosses and other symbols reflects a revival of Christianity Christian nationalism in…
Chancellor plans major intervention to help poorer UK households with rising energy bills
Exclusive: Officials working on further radical changes that would change how much energy companies could charge customers John Healey is planning a…
Conservative plans to slash aid budget would ‘irreparably damage’ UK’s global credibility, charities say
Party’s pledge to reduce aid budget from £9bn a year to £1bn to fund new prison places branded as ‘posturing’ Conservative plans to slash the aid…
UK reviewing whether to impose tariffs on Chinese car imports to align with EU
Move would strengthen Britain’s case to be included in new legislation to protect European manufacturing Business live – latest updates The UK is…
Why some have no choice but to pay costly oil prices
The rural communities vulnerable to heating oil prices rises as the weather gets colder.
Documents falsified to evade tax on Abramovich's wealth
Backdated paperwork also made the Russian oligarch’s yachts and mansions disappear from accounts, BBC finds.
Oil falls after Trump declares 'energy ceasefire' between Russia and Ukraine
News of Iran reportedly offered to mediate between Yemen's Houthis and Saudi Arabia helped to bring oil prices lower.
Why China is importing a record amount of gold — and what it means for prices
Beijing’s push to diversify away from the dollar and Chinese households’ search for a safe place to put their savings has fueled China’s record gold…





