The UK will grow by more than 3% this year, the Centre for Economics and Business Research has forecast in the latest upbeat assessment of the economy.
Chancellor George Osborne today said the ‘tough decisions’ taken to cut government spending since 2010 have allowed the Treasury to prioritise infrastructure investments to boost growth.
The unemployment rate fell to 6.9% in the three months to February, the first time it has dipped below 7% since the recession hit in 2009, according to official figures published today
Ed Miliband has today called on every council and local enterprise partnership in England to begin planning for a radical devolution of economic power from the next Labour government, aimed at...
Rising levels of employment mean that the time is right to increase the obligations on jobseekers to prepare themselves for finding work, employment minister Esther McVey has said.
The Public Accounts Committee has again slammed the government’s procurement of suppliers for its £1.2bn rural broadband programme, saying it failed to establish meaningful competition in the market.
Chancellor George Osborne has committed the government to a goal of full employment and said job creation would now form a central plank of the coalition’s economic plan.
Whitehall has already undergone wholesale cutbacks and radical change. But to survive the 2015 Spending Review civil service leaders will have to step out of departmental silos and take...
Combined city authorities should be given the same powers as the Mayor of London to levy taxes for infrastructure and oversee planning, a think-tank has said.
The Treasury has today raised £4.2bn from selling part of the taxpayer’s stake in Lloyds Banking Group, taking the government holding in the firm that was bailed out during the 2008 financial crisis...
The government is still to make clear how it will implement planned cuts to public spending, the Institute for Fiscal Studies said in its analysis of the Budget
The size of the UK economy is set to return to its pre-recession level this year, Chancellor George Osborne said today as he set out latest Office for Budget Responsibility growth forecasts
One-third of all young people will either be out of work or trapped in underemployment by 2018 based on current trends, the Local Government Association has warned.
There should be a ‘presumption of openness’ on the publication of public data and government needs to devise ways to maximise its economic potential, MPs have said.
City Deals that will provide nearly £200m of public funds to boost the growth prospects of Sunderland and Stoke-on-Trent have been signed by Deputy Prime Minister Nick Clegg.
The Office for Budget Responsibility should be given the power to vary VAT, income and corporate tax rates to ensure the sustainability of the public finances, the think-tank Reform said today.
Cuts of 20% to police funding were among the deepest austerity measures and the election of PCCs was highly controversial. So why are the reforms hailed as a success?
The chancellor will use the Budget to reinforce the prime minister’s recovery message to the World Economic Forum at Davos. But rising house prices and consumption threaten to suck in imports, while...
As the Audit Commission prepares to leave the stage, its current controller reviews the public sector watchdog’s achievements over more than three decades – and the challenges to come before it takes...
Securing value for money from the government’s Regional Growth Fund hinges on Whitehall improving the examination of bids for public funds, the National Audit Office said today