UK public sector borrowing fell sharply in the last financial year and came in marginally under the official forecast, according to figures from the Office for National Statistics.
In between the headline tax raising measures announced by the Chancellor, several important items of infrastructure spending that caught the eye. The government claimed the Budget included more than...
The UK’s energy sector is a multi-headed beast, encompassing fossil fuels, nuclear and renewables. It was telling that Chancellor Rachel Reeves was most focused on the nuclear sector when it came to...
The headline figure for those searching Rachel Reeves’ budget for clues as to the government’s commitment to its devolution plans is £13bn. That’s the amount of “flexible funding” announced for seven...
Rachel Reeves’ second Budget got off to a faltering start after the Office for Budget Responsibility (OBR) accidentally revealed key details of the Chancellor’s speech around 40 minutes before she...
Rachel Reeves has not been dealt the greatest hand for a Chancellor. The inheritance was grim, the world economy is trying to cope with the Trump approach to economics, and wars and populism bestride...
Adam Lang pulls together a set of priorities for Rachel Reeves in her second Budget and beyond, based on recent research by Carnegie UK, including improving public understanding of fiscal decisions...
Fiscal policy has an undeniable effect on growth. But big decisions on tax and spending can have unintended consequences, as PF editor Calum Rutter writes.
Labour’s manifesto promise to not raise the three ‘main’ taxes is at risk of being broken in the Budget, with the chancellor warning of poor economic performance and “hard choices” ahead.
The chancellor faces the prospect of a Budget “groundhog day” unless she takes bold action to shore up headroom against her fiscal rules, a leading think-tank has warned.
The chancellor should consider broadening the base of a major tax such as VAT instead of “picking from a Scrabble bag” of minor changes that would add to the complexity and inconsistency of the tax...
The £25bn injection for the NHS announced in the Budget will not lead to an overnight transformation in the quality of healthcare, sector leaders have cautioned.
Councils have welcomed the extra £1.3bn earmarked for local government in the Budget, but warned that without greater certainty over funding in the longer term, the outlook for local services remains...
Owen Mapley has said the new government’s first Budget “will reassure some public service leaders and worry others”, and warned that there is lots more to do to get the sector fighting fit.
Rachel Reeves repeatedly blamed the economic and fiscal situation Labour took over after the general election for the “difficult decisions” made in her first Budget as chancellor.
The Treasury has become obsessed with meeting fiscal rules simply to avoid political embarrassment, even at the expense of intelligent policymaking, a leading think-tank has warned.
How public sector organisations can, and must, use digital tools to drastically improve disbursement processes for those disbursing funds as well as end users.
