In National Insurance, average households are still likely to be worse off at the end of this year than they were five years ago. The Institute For Fiscal Studies also says the budget did not tackle the long Term Economic choices and challenges the country is facing. It accused both the conservative and Labour Parties of a Conspiracy Of Silence in failing to address those challenges. Our chief economics correspondent, dharsini david, is here. Tell us more about what the Institute For Fiscal Studies as saying. In Institute For Fiscal Studies as sa in. ,. , Institute For Fiscal Studies as sa inc. ,. , saying. In the run up to budget, it is u to saying. In the run up to budget, it is up to treasury saying. In the run up to budget, it is up to treasury officials saying. In the run up to budget, it is up to treasury officials to saying. In the run up to budget, it is up to treasury officials to burn i is up to treasury officials to burn the midnight oil and get the details together and now
people into work. but on the other side, there are an increasing number of tory mps and cabinet ministers who feel it is just the wrong thing to do during a cost of living crisis, to tell people on benefits that they are going to get a real terms cut in the money they get from the state. so, that issue is going to run and run and run, because the government hasn t made its mind up, and then within the last hour liz truss has opened another can of worms by saying, actually, in the long term, she still likes the idea of bringing tax down for the higher earners, just 24 hours after she had junked the policy that would have done exactly that. a month into her premiership, ben, it feels like there is a lot of debate, and some would say a lot of chaos around government positions. ilick would say a lot of chaos around government positions. nick eardley, thank ou government positions. nick eardley, thank you very government positions. nick eardley, thank you very much, government positions