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of widespread unrest. taiwan's president tsai ing—wen has pledged to bolster the island's combat power and defences in a major speech on taiwan's national day. now on bbc news, political thinking with nick robinson. hello and welcome to political thinking. there is one question which haunts the chancellor, haunts any chancellor of any political party stopping it is, what will the iss say? because the verdict of the institute for fiscal studies on whether the numbers add up, any budget or what we these days have to call fiscal event can be devastating for a politician. that verdict ...

of the institute for fiscal studies on whether the numbers add up, in any budget, or what these days we have to call fiscal event, can be devastating for a politician. that verdict is treated like the word of god, not least by broadcasters like the bbc who have experts from the ifs on our programmes all the time. my guest this week is the director of the ifs, pauljohnson. welcome to the programme. if the ifs is the word of god, that makes you god. how does that feel? very strange. he chuckles all we are, as it were, we are a research institute who happen to work on fiscal things, whi...

ten people have been killed and eight injured in an explosion at a petrol station in the republic of ireland — police say it appears to have been a "tragic accident". protests continue in iran and around the world as three people are killed in the country. now on bbc news — it's political thinking with nick robinson. welcome to political thinking. one question haunts the chancellor, any chancellor of any political party. it is what will the iss say because the verdict of the institute for fiscal studies on whether the numbers add up, any budget and what these days we have to call...

Of noisy people around. your tutorial parlour. yes, for example, there was one ed balls, so getting a word in edgeways in that group was a little challenging. that was a very different kind of world to the one that i had been used to. rumour has it you were a bit more left—wing than him as a student? that would be true, i think. lots of students who are interested in politics, then one took a particular view of politics and i was more involved in labour politics then than edward have been at the time. the left caucus. within college, there are some students who got together who had left—wi...

You did politics, philosophy and economics. one of your tutors said you were quite quiet back then. tim besley, economics tutor at oxford, he said, quiet, low—key, interested in economics, but quite low—key? i'm not sure i was that quiet, but there were quite a lot of noisy people around. your tutorial parlour. yes, for example, there was one ed balls, so getting a word in edgeways in that group was a little challenging. that was a very different kind of world to the one that i had been used to. rumour has it you were a bit more left—wing than him as a student? that would be true, i thin...