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2 Mar 21
The 2021 Budget will see the launch of the UK’s first green bond, more post-Covid-19 support and a new anti-fraud agency– PF rounds up what announcements the chancellor has in store.
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26 Feb 21
Former CIPFA president Margaret Pratt gives her advice on ethical dilemmas facing public sector finance officers
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23 Feb 21
A rise in corporation tax and extensions to the Universal Credit uplift and furlough scheme are among potential government Budget moves being reported in the national press. PF rounds up the rumours.
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2 Feb 21
Chancellor Rishi Sunak will stand by the 2019 Conservative manifesto pledge and not raise income tax, VAT or national insurance in the upcoming budget, according to reports.
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28 Jan 21
Chancellor Rishi Sunak is set to announce plans to raise taxes – before cutting them in time for the next election – according to reports.
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21 Dec 20
The Welsh Government has proposed a one percentage point increase in its residential land transaction tax, the successor to stamp duty land tax, to help “support housing priorities”.
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24 Sep 20
The cost of Rishi Sunak’s ‘winter economic package’, unveiled today, will not be made public until November, the Treasury has confirmed.
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24 Sep 20
Speculation is growing that the government will opt for another one-year spending round following the announcement that November’s Budget will be delayed until next year.
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24 Aug 20
The impact of the pandemic will only escalate the long-overdue need for a change in approach to funding children’s services
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14 May 20
With half of the UK registering productivity levels about the same as the poorer parts of the former East Germany, the prime minister’s pledge to “level up every part of the country” is...
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24 Mar 20
However coronavirus plays out, chancellor Rishi Sunak’s first Budget shows that a high debt ratio is no longer anathema to government
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18 Mar 20
Rishi Sunak has expanded the 100% business rates holiday to all leisure, retail and hospitality businesses, as he updated the Treasury's coronavirus package.
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16 Mar 20
Public sector net debt is forecast to rise by £125bn or 4.6% of GDP, as government embarks on the largest spending increase since 1992, according to the Office for Budget Responsibility.
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13 Mar 20
The Treasury has written to local authority finance officers to confirm a new discount rate for borrowing for housing spending from the Public Works Loan Board.
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11 Mar 20
Rob Whiteman says that today's Budget failed to answer huge questions about the sustainability of local government funding.
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11 Mar 20
CIPFA’s chief executive warns that government proposals to restrict council investment in commercial property could signal a more prescriptive approach.
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11 Mar 20
Rishi Sunak has announced £5.2bn of capital spending on flood defences over six years, as part of a package of environmental measures in the Budget.
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11 Mar 20
Rishi Sunak hinted at a coming change to the government’s fiscal rule, promising to report back to parliament in the autumn after consulting with experts on how extra spending could boost the economy.
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11 Mar 20
Chancellor Rishi Sunak has announced plans to remove business rates for small businesses this year, as part of a £12bn package to tackle the economic impact of coronavirus.
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11 Mar 20
Rishi Sunak promised more than £600bn of infrastructure spending over the next five years in his first Budget as chancellor.
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11 Mar 20
The government has announced plans to cut the Public Works Loan Board interest rate - but only after it has introduced measures to ban councils borrowing to invest in commercial property.
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10 Mar 20
The government’s proposed changes to public finance could truly pave the way to a‘decade of renewal’, but more detail is needed in the Budget.
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10 Mar 20
This week’s Budget could adopt dramatically different tactics on current and investment spending, says Isabel Stockton.
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9 Mar 20
The funding gap for local councils is estimated to be £1.4bn lower than previously forecast, according to research from the Local Government Association.
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9 Mar 20
The chancellor has announced plans to review the Treasury Green Book, as he prepares to give his first budget on Wednesday.