What it is: Economic think tank the Institute for Fiscal Studies has delivered its verdict on the plans for “efficiency savings” from Labour, the Conservatives and the Liberal Democrats.

When it came out: 27 April 2010.

Why it is important: It says that the parties have misled the public on how much their efficiency savings would be able to help cut the £164bn annual budget deficit. It says that efficiency savings should not be counted among the public spending cuts that the next government would need to make.

To read the full briefing note click here: Filling-the-hole-bn

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