Institute For Fiscal Studies

Young adults today are significantly less likely to be homeowners than those born just five or ten years earlier due to a 152% increase in average house prices, a report has found. The Institute for Fiscal Studies (IFS) said that those born in the late 1980s had a homeownership rate of 25%, compared

One quarter of the lowest income households in the UK are struggling with arrears or high debt repayments, with 10% spending more than a quarter of their income on unsecured debt repayments, a report has found. Figures from the Institute for Fiscal Studies (IFS) show that about one sixth of the lowe

More than a million Scottish families will see their income fall by £360 a year by 2020 as inflation rises and welfare payments such as housing benefit are frozen, the Institute for Fiscal Studies (IFS) has warned. The think tank estimated in March that 11.5 million working families across the UK w

The introduction of Universal Credit will leave millions of working families worse off but will eventually encourage more people to work, a new report from the Institute for Fiscal Studies (IFS) has said. The single payment, which combines six benefits including housing benefit into one monthly paym

Almost two-thirds of children in poverty are living with parents who work, the Institute for Fiscal Studies (IFS) has found. A new study by the research institute concluded that while levels of absolute child poverty were unchanged between 2009/10 and 2013/14, the proportion living in a working fami

George Osborne UK ministers are considering forcing all housing benefit recipients to contribute towards their rent as part of efforts to save billions from the welfare bill, according to reports.

Iain Duncan Smith The UK government has announced plans to scrap the target to eliminate child poverty by 2020.

Charities have called on the Scottish Government to explain how it will use its pending new powers to improve benefits and cut poverty. The Child Poverty Action Group (CPAG) will convene 180 delegates at a welfare rights conference in Glasgow today.