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Montevideo, May 20th 2019 - 05:10 UTC

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

Monday, February 11th 2019 - 08:51 UTC

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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