News

IFS issues frequent press releases and observations and features regularly in online, broadcast and printed media. Staff also write and contribute to news articles.

IFS research staff are happy to speak to the press about the findings of our work. If you are a member of the press and have an enquiry or would like to receive new press releases by email, please contact the Head of public relations, Bonnie Brimstone (020 7291 4818).

“Their independence is beyond doubt as all the main political parties recognise their expertise." Evan Davis, BBC

Gender wage gap grows year on year after childbirth as mothers in low-hours jobs see no wage progression

| Press Release

On average women in paid work receive about 18% less per hour than men. IFS research published today, funded by the Joseph Rowntree Foundation, shows that the wage gap is much smaller when comparing young women – before they become mothers – to their male counterparts. But the gap widens consistently for 12 years after the first child is born, by which point women receive 33% less pay per hour than men. The widening of the hourly wage gap after childbirth is associated with reduced hours of paid work, but not because women see an immediate cut in hourly pay when they reduce hours. Rather, women who work half-time lose out on subsequent wage progression, meaning that the hourly wages of men (and of women in full-time work) pull further and further ahead. In addition, women who take time out of paid work altogether and then return to the labour market miss out on wage growth.

Find out more

Fall in oil price pushes up Scottish deficit to 9.5% of national income in 2015-16

| Observations

Today the Scottish Government released the latest version of Government Expenditure and Revenue Scotland (GERS) covering 2015–16. In this observation we discuss what we can learn about Scotland’s fiscal position from these figures. The main finding is that further declines in revenues and output from the North Sea oil and gas sector pushed up Scotland’s budget deficit a little – at the same time the deficit continued to shrink in the UK as a whole.

Find out more

IFS analysis of today’s public finance figures: February 2016

| Public Finance Press Releases

Today the Office for National Statistics and HM Treasury published Public Sector Finances January 2016. We now have details of central government receipts, central government spending, public sector net investment, borrowing and debt for the first ten months of financial year 2015−16.

Find out more