Osborne should spell out welfare cuts, says IFS

March 19, 2015 1:22 PM

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Osborne should spell out welfare cuts, says IFS

Chancellor George Osborne needs to spell out exactly how he plans to cut £12bn from welfare spending, says the independent forecaster the Institute for Fiscal Studies (IFS).

Only £2bn of these £12bn cuts have been outlined so far, said IFS director Paul Johnson, in response to the Budget.

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