Ending austerity in UK `incompatible´ with budget plan to balance books
(WorldNews Europe)

The British government will have to spend an extra £19 billion (Dh91 billion) a year on public services by the year 2022-23 if it´s to deliver on prime minister Theresa May´s promise to end austerity, a well-respected think-tank said Tuesday. In an analysis of Britain´s public finances, the Institute for Fiscal Studies said Mrs May´s ambition looks incompatible with another major aspiration - to balance the books by the mid-2020s - without substantial tax rises or much stronger...