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Montevideo, February 20th 2019 - 15:54 UTC

Institute for Fiscal Studies says more billions needed to end Hammond's austerity

Monday, February 11th 2019 - 08:51 UTC
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Philip Hammond must spend billions extra to end austerity, says think tank the Institute for Fiscal Studies (IFS). To maintain per capita spending across government departments which don't have ring-fenced budgets, he must find an extra £5bn a year by 2023, it adds. And maintaining spending on unprotected services as a share of national income would require £11bn on top of spending plans set out in the 2018 Budget. Read full article

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