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BBCNEWS BBC June 24, 2024



we will bring you more from our correspondent outside a hospital in a moment. a leading think tank, the institute for fiscal studies, has accused the main political parties of a conspiracy of silence over the economic reality behind plans set out in their election manifestos. the ifs analysed how the policies could impact the public finances and what that could mean for household incomes, public services and taxation. in its scathing assessment it said the parties were ducking the issues, by relying on faster growth to deliver more tax, which it said was far from guaranteed. it also warned the next government faced having to find new ways to raise taxes, or leave some public services exposed to billions of pounds worth of cuts. this a flavour of what the director of the ifs, pauljohnson, had to say. low growth, high debt, high interest payments mean we need to do something quite rare over the next few years just to stop debt spiralling ever upwards we need to run ....

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