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The Institute for Fiscal Studies

@theifs.bsky.social
12K followers 0 following 1.9K posts

Official account for Britain’s leading independent economic research institute. ifs.org.uk

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The Institute for Fiscal Studies @theifs.bsky.social · 9h
Read the full response here ➡️ ifs.org.uk/articles/ifs...
ifs.org.uk
IFS response to Conservative announcement about changes to inheritance tax | Institute for Fiscal Studies
The biggest beneficiaries would be those with the highest wealth and the most valuable homes.
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The Institute for Fiscal Studies @theifs.bsky.social · 9h
NEW: "It would push up the price of high-end housing, benefiting existing owners more than those who might buy such properties in future."   Senior Economist Stuart Adam responds to the Conservative Party's announcement on changes to inheritance tax.
Quote from Senior Economist Stuart Adam. Quote reads: "The biggest beneficiaries would be those with the highest wealth and the most valuable homes. These will mostly be people living in London and the South-East. When put alongside the abolition of stamp duty on main homes and a cancellation of the ‘mansion tax’ it would push up the price of high-end housing, benefiting existing owners more than those who might buy such properties in future."
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The Institute for Fiscal Studies @theifs.bsky.social · 16h
🎧 Listen to the full episode here: ifs.org.uk/articles/do-...
ifs.org.uk
Do disability benefits need reform? | Institute for Fiscal Studies
How does PIP work, why are claims rising and what choices does the government face as it considers reforming disability benefits?
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The Institute for Fiscal Studies @theifs.bsky.social · 16h
What are personal independence payments (PIP)? 🎙️ @helenmiller.bsky.social and Tom Waters explain how PIP works and who it is for, in our recent podcast on whether disability benefits need reform:
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The Institute for Fiscal Studies @theifs.bsky.social · 05/10/2026
You can also see all of our open roles here ➡️ ifs.org.uk/jobs
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The Institute for Fiscal Studies @theifs.bsky.social · 05/10/2026
✨ We’re hiring! ✨️ 🧾 Our 2026 recruitment brochure explains everything you need to know as a prospective applicant: what roles we're recruiting for, when applications close, and life working at the IFS. Take a look here ➡️ ifs.org.uk/system/files...
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The Institute for Fiscal Studies @theifs.bsky.social · 05/10/2026
🎧 Listen to the full episode here: ifs.org.uk/articles/how...
ifs.org.uk
How does immigration affect the public finances? | Institute for Fiscal Studies
How does immigration affect the UK economy and public finances? We examine migration trends, fiscal impacts and what they could mean for the Budget.
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The Institute for Fiscal Studies @theifs.bsky.social · 05/10/2026
How did net migration in the UK change after the pandemic? 🎙️ @helenmiller.bsky.social and @maxwarner.bsky.social discuss the changing trends in net migration, from our recent podcast on the impact of immigration on the public finances:
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The Institute for Fiscal Studies @theifs.bsky.social · 04/10/2026
🎧 Listen to the full episode here: ifs.org.uk/articles/how...
ifs.org.uk
How does immigration affect the public finances? | Institute for Fiscal Studies
How does immigration affect the UK economy and public finances? We examine migration trends, fiscal impacts and what they could mean for the Budget.
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The Institute for Fiscal Studies @theifs.bsky.social · 04/10/2026
How do immigrants impact tax revenues? 🎙️ @helenmiller.bsky.social and @maxwarner.bsky.social explain, from our recent podcast on immigration and the public finances:
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The Institute for Fiscal Studies @theifs.bsky.social · 03/10/2026
🎧 Listen to the full episode here: ifs.org.uk/articles/how...
ifs.org.uk
How does immigration affect the public finances? | Institute for Fiscal Studies
How does immigration affect the UK economy and public finances? We examine migration trends, fiscal impacts and what they could mean for the Budget.
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The Institute for Fiscal Studies @theifs.bsky.social · 03/10/2026
In 2024, there were roughly 13 million people living in the UK who were born abroad. 🎙️ @helenmiller.bsky.social and @msumption.bsky.social discuss how immigration has changed over time in the UK, from our recent podcast on the impact of immigration on the public finances:
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The Institute for Fiscal Studies @theifs.bsky.social · 03/10/2026
📗 Read the full comment by Jonathan Cribb, @heidikarj.bsky.social, and @helenmiller.bsky.social here: ifs.org.uk/articles/how...
ifs.org.uk
How will the new triple lock work and what effects will it have? | Institute for Fiscal Studies
Prime Minister Andy Burnham has announced a major and welcome change to the triple lock, which will come into effect in 2030–31.
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The Institute for Fiscal Studies @theifs.bsky.social · 03/10/2026
📊 #IFSSatStat: The new triple lock announced by the Prime Minister this week removes the most expensive and unpredictable part of the triple lock: the fact that it permanently ratchets up state pension spending over time.
Chart shows Real-terms increase in value of the state pension since year 1 over an illustrated timescale, for the new and the old triple lock​. Title states: "The state pension will still grow under the new triple lock, but will no longer permanently ‘ratchet up’ in value relative to earnings​."
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Peter Levell @peterlevell.bsky.social · 02/10/2026
If I'd known this event was going to get 16k+ views on youtube, I would probably put a comb through my hair that morning! www.youtube.com/watch?v=6tvC... Watch Bobbie Upton's presentation on Britain's high electricity prices here
youtube.com
What should we do about high electricity prices in the UK?
YouTube video by Institute for Fiscal Studies
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The Institute for Fiscal Studies @theifs.bsky.social · 02/10/2026
WATCH NOW: Sharing income tax revenues with England’s mayors: the issues and options 🖥️ Watch our event live here: youtube.com/live/wEJ2J7P... ❓️ Ask questions here: app.sli.do/event/4W56EY... Funded by CIPFA and @nuffieldfoundation.org
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The Institute for Fiscal Studies @theifs.bsky.social · 02/10/2026
📗 Read the full report, written by @martintb-ifs.bsky.social, Kate Ogden and David Phillips, here: ifs.org.uk/publications... 🎤 We're holding an online event to discuss this report today at 10am. You can sign up here: ifs.org.uk/events/shari...
ifs.org.uk
https://ifs.org.uk/publications/issues-and-options-sharing-tax-revenues-englands-regional-mayors-0
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The Institute for Fiscal Studies @theifs.bsky.social · 02/10/2026
NEW: The government has committed to sharing a portion of income tax revenues with mayors. But how will this work? Our new report, published as part of the IFS Green Budget 2026 with support from CIPFA and @nuffieldfoundation.org, examines the key choices and trade-offs the Chancellor faces ⬇️
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The Institute for Fiscal Studies @theifs.bsky.social · 01/10/2026
We'll be presenting our analysis of the UK economic outlook, the public finances and choices facing the Chancellor ahead of the Budget at our IFS Green Budget 2026 event on Wed 14 October, funded by @nuffieldfoundation.org and Barclays. ➡️ Sign up to attend here: ifs.org.uk/events/ifs-g...
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The Institute for Fiscal Studies @theifs.bsky.social · 01/10/2026
"The new triple lock is not going to put pensioners into poverty. Pensions will still rise in line with average earnings." 🎙️ @helenmiller.bsky.social explains how the new triple lock will work in our latest podcast: has the triple lock been fixed? 🎧 Listen here: ifs.org.uk/articles/has...
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The Institute for Fiscal Studies @theifs.bsky.social · 30/09/2026
🎧 Listen to the full episode here: ifs.org.uk/articles/has...
ifs.org.uk
Has the triple lock been fixed? | Institute for Fiscal Studies
How will the new triple lock work, and what will it mean for pensioners and the public finances?
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The Institute for Fiscal Studies @theifs.bsky.social · 30/09/2026
"Because of how uncertain the old triple lock was, it could save anywhere between £4bn and £20bn by the end of the next decade" 🎙️ Jonathan Cribb explains the difficulties in knowing how much the changes to the triple lock will save, in our latest podcast: has the triple lock been fixed?
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The Institute for Fiscal Studies @theifs.bsky.social · 30/09/2026
🎧 Listen to the full episode here: ifs.org.uk/articles/has...
ifs.org.uk
Has the triple lock been fixed? | Institute for Fiscal Studies
How will the new triple lock work, and what will it mean for pensioners and the public finances?
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The Institute for Fiscal Studies @theifs.bsky.social · 30/09/2026
NEW PODCAST: Has the triple lock been fixed? 🎙️ @helenmiller.bsky.social explains why the triple lock is an unpredictable way to increase the state pension, in our new podcast about the Government's announcement, out now:
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The Institute for Fiscal Studies @theifs.bsky.social · 30/09/2026
➡️ Read the full comment here: ifs.org.uk/articles/sav...
Quote from IFS Deputy Director Jonathan Cribb. The quote reads: "There has been a lot of debate about whether this reform can fund a substantial package of social care reform. However, the key point is not how large these savings are compared to the cost of providing social care.

Instead, the crucial thing to understand is that the triple lock reform prevents unfunded increases in state pension expenditure from 2030 onwards. Cancelling an unfunded increase does not free up funds to pay for a new government commitment. Therefore tax rises or other spending cuts will be needed to pay for social care."
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The Institute for Fiscal Studies @theifs.bsky.social · 30/09/2026
NEW: Savings from triple lock reform could be large but will not be able to fund social care. In a new comment, IFS Deputy Director Jonathan Cribb sets out potential savings from triple lock reform.
Quote from IFS Deputy Director Jonathan Cribb. The quote reads: "The government has estimated that their reform to the triple lock will save £15 billion per year by 2039–40 . That number partly reflects inflation over the next 13 years. In today’s terms, the estimated saving is £11 billion per year. However, the saving is very uncertain, because of how unpredictable the old triple lock is, and new IFS analysis shows it could reasonably be anywhere between £4 billion and £20 billion."
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The Institute for Fiscal Studies @theifs.bsky.social · 30/09/2026
EVENT: Sharing income tax revenues with England’s mayors 📅 Fri 2 Oct | 10–11am | Online Join our event on the choices, trade-offs and risks of giving mayoral authorities a share of local income tax, funded by CIPFA and part of our IFS Green Budget 2026. Sign up here ➡️ ifs.org.uk/events/shari...
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
NEW: How will the new triple lock work and what effects will it have? 📊 Jonathan Cribb, @heidikarj.bsky.social and @helenmiller.bsky.social's new comment explains how the new triple lock would work, how much it would cost and how it compares to the previous triple lock: ifs.org.uk/articles/how...
Chart is an illustration of how the new triple lock would operate compared to the old triple lock.
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
How much would the new reformed triple lock announced by Andy Burnham this afternoon save compared to the old system? 📺 @helenmiller.bsky.social explains on BBC Politics Live:
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
"The old triple lock is gone. And the new triple lock still keeps pace with average earnings, but doesn't have the ratchet." 📺 @helenmiller.bsky.social interprets the Prime Minister's triple lock announcement in her response to the speech on BBC Politics Live:
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
“Better reforms were available, but this one is a big improvement. It will not, however, be the answer to funding universal social care.” ⬇️ IFS Deputy Director Jonathan Cribb responds to the Prime Minister’s triple lock announcement at this afternoon’s Labour Conference: ifs.org.uk/articles/new...
Quote from IFS Deputy Director Jonathan Cribb: "It is great news that Andy Burnham has neutered the worst element of the triple lock. Goodbye to the unsustainable ‘ratchet’ effect. State pensions will still rise, but more sustainably. Better reforms were available, but this one is a big improvement. It will not, however, be the answer to funding universal social care."
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
🎧 Listen to the full episode here: ifs.org.uk/articles/wha...
ifs.org.uk
What would it take to fix social care? | Institute for Fiscal Studies
How does social care work, why has reform proved so difficult, and what would it take to build a fairer and more sustainable system?
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
How could the adult social care system be made more fair? 🎙️ @helenmiller.bsky.social and Sir Andrew Dilnot discuss the issues with the social care system, from our recent podcast on what it would take to fix social care:
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
See all our current opportunities and find out how to apply here ➡️ ifs.org.uk/jobs
ifs.org.uk
Jobs | Institute for Fiscal Studies
At IFS, we recruit and train top-quality economists and professional support staff. We foster a respectful and inclusive working environment.
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
We also have opportunities available for current PhDs and undergraduates, closing January 2027: 🎓️ Summer Interns (apply by 17 January) 🎓️ PhD Studentship (apply by 29 January) 🎓️ PhD enrichment placements (apply by 29 January)
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The Institute for Fiscal Studies @theifs.bsky.social · 29/09/2026
💡 Want to work at the Institute for Fiscal Studies? We're currently recruiting for the following roles with November deadlines ⬇️ 📊 Research Economist (apply by 8 November) 📊 Research Economist - postdoctoral (apply by 15 November) 📊 Postdoctoral Fellow (apply by 15 November)
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Peter Levell @peterlevell.bsky.social · 28/09/2026
'Your First Home' looks similar to the Help to Buy home equity loan scheme that ended in 2023. Based on what's been said so far, it will be more targeted to those on lower incomes. This helps prevent benefits from flowing to can afford to buy a house anyway, but also increases risk. See below 👇
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Bee Boileau @beeboileau.bsky.social · 28/09/2026
Higher prices could encourage more building. But IFS research finds that housing supply in England responds weakly to higher prices, so the scheme may do more to raise prices than to increase supply. ifs.org.uk/publications...
ifs.org.uk
The determinants of local housing supply in England | Institute for Fiscal Studies
We estimate local housing supply elasticities for 325 local authorities and 6,788 census tract areas in England.
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Bee Boileau @beeboileau.bsky.social · 28/09/2026
Our research on the 2013 Help to Buy schemes found that the biggest affordability gains went to higher-income people, likely helping them buy a few years sooner rather than making a difference to whether they bought at all. ifs.org.uk/articles/who...
ifs.org.uk
Who benefits from ‘Help to Buy’ schemes? | Institute for Fiscal Studies
We examine the effect of the UK’s ‘Help to Buy’ schemes on housing affordability using a new approach to uncover effects for different households.
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Bee Boileau @beeboileau.bsky.social · 28/09/2026
The government’s proposed ‘Your First Home’ scheme would offer eligible first-time buyers in England 20% equity loans on new-builds, with deposits as low as 2.5%. What could it mean for buyers and the housing market? 🧵 below:
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The Institute for Fiscal Studies @theifs.bsky.social · 28/09/2026
"Good to hear those two big things: fiscal discipline and growth. But we don't yet really know how the Chancellor is going to actually achieve those things." @helenmiller.bsky.social responds to the Chancellor's conference speech on BBC Politics Live:
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The Institute for Fiscal Studies @theifs.bsky.social · 28/09/2026
What did IFS Director @helenmiller.bsky.social think of the Chancellor's speech at today's Labour Party Conference? Watch below ⬇️
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The Institute for Fiscal Studies @theifs.bsky.social · 28/09/2026
"The big pressure [...] is coming from these big spending pledges." @helenmiller.bsky.social discusses the economic challenges facing the Chancellor on BBC Politics Live ahead of the Chancellor's speech. 📺 Watch the reaction live here: bbc.in/4hhJPfn
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The Institute for Fiscal Studies @theifs.bsky.social · 28/09/2026
"The big pressure is not coming from the fiscal forecast, it's coming from these big spending pledges. The government is spending more money than it raises in taxes, it has a plan to get that to come together again but also a shopping list of things it wants to do." 🎤 Helen Miller on Politics Live:
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The Institute for Fiscal Studies @theifs.bsky.social · 26/09/2026
📗 Read @lukesibieta.bsky.social’s full report, funded by @nuffieldfoundation.org, here: ifs.org.uk/publications...
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The Institute for Fiscal Studies @theifs.bsky.social · 26/09/2026
📊 #IFSSatStat: Primary school pupil numbers in England fell by 5% between 2018-19 and 2025-26, with teacher and class numbers falling by 4%. This hasn’t yet translated into significant school closures. As the number of pupils continues to decline, this might become more likely.
Chart shows percentage changes in primary school pupil, teacher, school and class numbers across England (January 2019 to January 2026). Title states: "Across England, there have been big falls in pupil and teacher numbers, with a 10.5% and 12.9% reduction in London respectively."
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Jakob Schneebacher @jschneebacher.bsky.social · 24/09/2026
Come work at the IFS! You’ll get to work on the big issues facing the country with colleagues whose passion, smarts and helpfulness humble me every day. Deadline: 8 November.
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Eduin Latimer @eduinlatimer.bsky.social · 25/09/2026
Great to be on the @theifs.bsky.social podcast again. This time to discuss options for reforming PIP
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The Institute for Fiscal Studies @theifs.bsky.social · 25/09/2026
NEW PODCAST: Do disability benefits need reform? @helenmiller.bsky.social, Tom Waters, and @eduinlatimer.bsky.social look at how PIP works, why claims are rising and what choices the government face as it considers reforming disability benefits. 🎧 Listen here: ifs.org.uk/articles/do-...
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The Institute for Fiscal Studies @theifs.bsky.social · 25/09/2026
📗 Read @nickridpath.bsky.social, @joaosousa.bsky.social and Isabel Stockton's comment, funded by @nuffieldfoundation.org, here: ifs.org.uk/articles/nat...
ifs.org.uk
https://ifs.org.uk/articles/nationalisation-and-public-control-costs-opportunities-and-trade-offs
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