Budget spending cuts even bigger than expected and ‘simply unrealistic’, warns Institute for Fiscal Studies


Departments funding services such as local councils, courts, the police, transport and benefits will receive 8 per cent less than planned one year ago, it has found.

“Most likely these figures are simply unrealistic, and borrowing or taxes will be higher than planned,” the IFS said, after studying the detail of Rishi Sunak’s plans in greater detail.

“If they are adhered to then many public services are due a second, sharp dose of austerity.”

His own watchdog, the Office for Budget Responsibility, said the Budget included a £4bn spending cut, creating a total of £15bn to be slashed from departmental spending each year from 2022.



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