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Institute for Fiscal Studies
@TheIFS
Britain’s leading independent economic research institute
London, UK
ifs.org.uk
Joined November 2010
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    Institute for Fiscal Studies
    @TheIFS
    11h
    NEW: Updated estimates suggest that those who go to university can expect to be around £100k better off financially over their lifetimes on average, compared to if they didn’t go. THREAD on new @TheIFS report on the impact of undergraduate degrees on lifetime earnings:
    6.5K
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    Institute for Fiscal Studies
    @TheIFS
    Aug 29, 2024
    "A terraced house in Blackpool pays significantly more council tax than a £100 million penthouse in the West End. That is bonkers." @PJTheEconomist and @DanNeidle discuss the current 'disaster that is the taxation system for housing'. Listen here: linktr.ee/ifszoomsin
    00:00
    788K
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    Institute for Fiscal Studies
    @TheIFS
    Mar 23, 2022
    “What was completely missing was anything for people on Universal Credit or the state pension, which is only going up by 3.1% this month when inflation will be around 8%.” “A big cut in living standards for those on the very lowest incomes.” @PJTheEconomist on #PoliticsLive
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    Institute for Fiscal Studies
    @TheIFS
    Apr 9, 2024
    NEW: Sure Start, England’s first large programme to provide holistic support to families with children under five, greatly improved disadvantaged children’s GCSE results. Read @nridpathecon @Sarah_Cattan @carneiro_econ’s report, funded by @NuffieldFound: ifs.org.uk/publications/s…
    539K
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    Institute for Fiscal Studies
    @TheIFS
    Aug 16, 2021
    NEW: At their peak, Sure Start centres prevented 13,000 hospitalisations a year among 11- to 15-year-olds – leading to savings that offset around a third of its cost. Read our new briefing, funded by @NuffieldFound here. > ifs.org.uk/publications/1… Thread [1/4]
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    Institute for Fiscal Studies
    @TheIFS
    Oct 23, 2024
    NEW: Access to Sure Start as a child reduced the likelihood of ending up in youth custody by a fifth. THREAD on our new report, funded by @NuffieldFound, on Sure Start’s impact on crime and social care outcomes: [1/9]
    The effect of Sure Start on youth misbehaviour, crime and contacts with children’s social care |...
    From ifs.org.uk
    253K
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    Institute for Fiscal Studies
    @TheIFS
    Jul 11, 2023
    NEW: Removing tax exemptions from private schools would likely raise £1.3–1.5 billion per year, as the fall in private school demand and movement of pupils into the state sector is likely to be small. Read @lukesibieta’s report, funded by @NuffieldFound:
    Tax, private school fees and state school spending | Institute for Fiscal Studies
    From ifs.org.uk
    602K
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    Institute for Fiscal Studies
    @TheIFS
    Oct 27, 2021
    Real wages are expected to remain stagnant for 20 years. In 2026, wages are forecast to be £11.70 lower than if the pre-2008 trend in wage growth had continued. #Budget2021
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    Institute for Fiscal Studies
    @TheIFS
    Oct 23, 2024
    NEW: Sure Start, the national programme which provided universal, holistic support during the early years, significantly reduced serious youth crime. Read our new report, funded by @NuffieldFound: ifs.org.uk/publications/e…
    Chart shows effect of growing up near Sure Start on crime up to age 16. Title states: "Living near a Sure Start centre before age 5 significantly reduced youth convictions and custodial sentences."
    145K
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    Institute for Fiscal Studies
    @TheIFS
    May 18, 2022
    NEW: Average inflation reached 9% in the year to April, but the poorest households faced inflation rates of 10.9%. This is 3 percentage points higher than inflation rates for the richest decile. [THREAD: 1/4]
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    Institute for Fiscal Studies
    @TheIFS
    Mar 31, 2021
    NEW: Scottish Government funding per person is over 30% higher than in England, almost entirely due to its UK government funding. This gap has grown over the last 10 years. Read more in our first Scottish election briefing, funded by @Scotpolicyfund ifs.org.uk/publications/1…
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    Institute for Fiscal Studies
    @TheIFS
    Nov 22, 2023
    The 2p cut to National Insurance means £449 less tax paid by an average full-time employee, but this is almost entirely offset by frozen thresholds and other changes since 2021. For others, these freezes will more than cancel out the 2p cut. #AutumnStatement
    Chart shows annual change in employee taxes in 2024–25 due to 2p NI cut, compared to other income tax & NI changes since 2021–22. Title states: "The impact of tax freezes since 2021 largely or entirely outweighs the impact of today’s 2p cut to NICs next year – and the effect of freezes will continue to grow until they end in 2028."
    240K
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    Institute for Fiscal Studies
    @TheIFS
    Oct 27, 2021
    Over the next 5 years real household disposable income is expected to grow by 0.8% per year, well below the historical average. But growth had been weak in the decade before COVID, meaning average incomes are now expected to be 28% (£9,000 per capita) below the pre-2008 trend.
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    Institute for Fiscal Studies
    @TheIFS
    May 22, 2025
    NEW: Sure Start generated widespread, long-lasting benefits for children in education, health, absences, and SEND. Every £1 of up-front spending on Sure Start could generate around £2 in total benefits over the long run. THREAD on our new @NuffieldFound-funded report: [1/11]
    Chart shows the effects of Sure Start on academic achievements by age, SEN support by age, probability of hospitalisation by age and criminal behaviour up to age 16.
    75K