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Labour and Tories ‘ducking hard choices’ on tax and spending, says IFS


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Voters operating in knowledge vacuum because of ‘conspiracy of silence’ on tax rises, says thinktank

UK election live – latest updatesBusiness live – latest updates

The hard choices on tax and spending that will face Britain’s next government are being ducked by Labour and the Conservatives, leaving voters operating in a knowledge vacuum, a leading thinktank has said.

In a withering assessment, the Institute for Fiscal Studies said neither main party’s manifesto recognised the pressure on the public finances caused by a “toxic mix” of low growth and the after-effects of the pandemic and the energy crisis.

Continue reading…Voters operating in knowledge vacuum because of ‘conspiracy of silence’ on tax rises, says thinktankUK election live – latest updatesBusiness live – latest updatesThe hard choices on tax and spending that will face Britain’s next government are being ducked by Labour and the Conservatives, leaving voters operating in a knowledge vacuum, a leading thinktank has said.In a withering assessment, the Institute for Fiscal Studies said neither main party’s manifesto recognised the pressure on the public finances caused by a “toxic mix” of low growth and the after-effects of the pandemic and the energy crisis. Continue reading…