The British people ‘just got a lot poorer’, says IFS thinktank
UK has scored ‘a series of economic own goals’, Institute for Fiscal Studies says after autumn statement
The British people *are* poorer. They became so as a result of decisions in the past few years. Piling on the debt to pay everyone to do and produce nothing has that effect.
It’s not that Brits are about to become poorer as a result of these new decisions. This is just the penny dropping on those old ones.