Doctors and teachers have faced ‘unprecedented’ pay cuts in recent years, IFS says
Average public sector pay at the end of 2023 was 1% lower than at the start of 2007
Average public sector pay at the end of 2023 was 1% lower than at the start of 2007
The think tank’s latest Green Budget reports warns that ‘high levels of indebtedness, failure to stimulate growth, and high borrowing costs’ are likely to lead to a protracted period of high taxes and tight spending.
Critics are repeating old unsubstantiated myths.
Sure Start was hugely succesful but its funding has been cut by 2/3 since 2010.
Stagnating wages and Tory austerity have forced millions of working families into poverty.
The Tories’ 2017 election mantra just received another kicking.
Things are going to get much worse, before they get better.
With productivity stagnant, the Chancellor may have to scrap public spending plans and increase borrowing. Tory economic legitimacy will be in tatters.
The earnings gap between men from richer and poorer backgrounds is also widening, according to new research by the IFS.
Don’t believe the hype: figures showing a fall in inequality don’t give the whole picture.