Chancellor George Osborne is facing a £30 billion black hole in his budgetary plans if he is to honor the Conservative Party’s general election pledges and still meet the party’s deficit-slashing targets by 2020, the Institute for Fiscal Studies warns. The IFS’ scathing assessment of Osborne’s spending pledges surfaced in its pre-election analysis, a mere … Continue reading £30bn black hole in Tory spending plans, tax think tank reveals