The UK economy will not grow as strongly as previously forecast in 2015 following the lower-than-expected expansion in the first three months of the year, the National Institute of Economic and...
The International Monetary Fund has forecast that the UK will continue to run a deficit until 2020, despite official Treasury projections showing a surplus in the public finances by 2018/19.
The unemployment rate fell to 5.7% over the three months to December, the lowest level since 2008, Office of National Statistics figures have revealed.
Sir Roger Carr is Chairman of BAE Systems, a member of the Prime Minister’s Business Advisory Group, Senior Advisor to KKR and a Visiting Fellow of Saïd Business School. Sir Roger was formerly...
Chancellor George Osborne has pledged to devolve skills funding to combined authorities in the Midlands as part of a 15-year plan to make the region ‘an engine for growth’.
UK inflation could turn negative in the spring and remain at zero for the rest of the year, Bank of England governor Mark Carney has warned, and insisted he would cut interest rates further if needed...
First Minister Nicola Sturgeon chose a speech in London today to set out the Scottish Government’s alternative to the Westminster ‘cosy consensus’ in favour of fiscal austerity.
A future Labour government would introduce a tax dodging Bill that would see stronger independent scrutiny of the UK tax system and make country-by-country reporting information publicly available.
Both Labour and Liberal Democrat spending plans in the next parliament would provide a short-term boost to growth due to the proposals to borrow to pay for infrastructure development, an economic...
Deputy Prime Minister Nick Clegg has pledged an end to austerity in three years after May’s general election if the Liberal Democrats are returned to government.
Almost all of the accelerated fiscal consolidation planned by the coalition government to the end of the decade is set to come from spending cuts, an analysis by the Institute for Fiscal Studies has...
County council areas received around one-third less than cities in the government’s latest £1bn funding round for local growth deals, an analysis has found.
It’s emerging as a key election issue, yet the proportion of Britons in low-paid work has changed little in 20 years. So what can be done to tackle the barriers to improving poor pay, in both the...
The UK’s unemployment rate has fallen below 6% for the first time in six years, according to figures published by the Office for National Statistics today.
Over 8 million UK families with children – more than one third – now have less than they require for a socially acceptable standard of living, according to the Joseph Rowntree Foundation.
Cities in the south of England accounted for over 90% of UK’s job growth in the last decade, according to the think-tank Centre for Cities’ annual Cities Outlook.
Chancellor George Osborne has proposed a new fiscal rule that would require the Treasury to run a surplus unless the Office for Budget Responsibility has judged the economy to be facing abnormal...
Northern Ireland’s politicians have been told that they will be given control of corporation tax before May’s general election if they push on with agreeing the budget and implementing welfare...
Deputy Prime Minister Nick Clegg has signed a growth deal for the Greater Birmingham and Solihull local enterprise partnership, which includes funding to maximise the benefit of the proposed High...
Chancellor George Osborne has set out government plans to boost economic growth in the North West of England to the wider UK rate, which would generate an extra £18bn and put another 100,000 people...
Government policies need to adjust to the ‘new normal’ of an increasingly self-employed workforce, the Institute for Public Policy Research has argued.
Government borrowing will need to fall by more than a quarter in the rest of the current financial year in order for Chancellor George Osborne to meet the latest public sector borrowing target, an...