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23 Apr 21
The government’s “arbitrary” fiscal rules are not fit for purpose and should be replaced by a more flexible framework, according to a leading research institute.
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18 Mar 21
Departmental spending reductions implied by the Budget are more severe than first thought, and could see funding 8% lower than pre-Covid plans in some areas, according to the Institute for Fiscal...
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12 Mar 21
The government’s newly published methodology to allocate money from its Levelling Up Fund favours wealthier rural councils over poorer urban areas, according to critics.
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5 Mar 21
Some deprived areas risk missing out on ‘levelling up’ money because of eligibility criteria, raising questions over the methodology, which put ministers’ seats in priority positions for funding.
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4 Mar 21
Rishi Sunak's plans rely on an optimistic vision of the future and implausible spending targets, say Institute for Fiscal Studies research economists Ben Zaranko and Isabel Stockton.
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4 Mar 21
Local government organisations have criticised yesterday’s Budget for its silence on public services - in particular social care issues.
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4 Mar 21
Despite some significant gaps, the 2021 Budget provides a good balance between growth and resilience – and crucially allows leeway for further fiscal intervention later this year, says Jeffrey Matsu.
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3 Mar 21
Rishi Sunak has once again announced billions of pounds of spending as the government attempts to tackle the economic crisis caused by Covid-19, but has drawn criticism for failing to adequately...
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3 Mar 21
Chancellor Rishi Sunak has announced planned tax measures – phased in over the next four years – which will see the UK’s tax burden rise to the highest level since the late 1960s.
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3 Mar 21
Covid-19 has reversed the normal fiscal cycle between elections, bringing a spending splurge at the beginning of this Parliament – Dan Corry wonders whether announcements on future tax rises in the...
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3 Mar 21
A new Treasury campus in Darlington, the location of eight ‘freeports’ and details of how local authorities can bid for a £4.8bn infrastructure fund are among a series of Budget measures aimed at ‘...
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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.
23 Apr 21The government’s “arbitrary” fiscal rules are not fit for purpose and should be replaced by a more flexible framework, according to a leading research institute.
18 Mar 21Departmental spending reductions implied by the Budget are more severe than first thought, and could see funding 8% lower than pre-Covid plans in some areas, according to the Institute for Fiscal...
12 Mar 21The government’s newly published methodology to allocate money from its Levelling Up Fund favours wealthier rural councils over poorer urban areas, according to critics.
5 Mar 21Some deprived areas risk missing out on ‘levelling up’ money because of eligibility criteria, raising questions over the methodology, which put ministers’ seats in priority positions for funding.
4 Mar 21Rishi Sunak's plans rely on an optimistic vision of the future and implausible spending targets, say Institute for Fiscal Studies research economists Ben Zaranko and Isabel Stockton.
4 Mar 21Local government organisations have criticised yesterday’s Budget for its silence on public services - in particular social care issues.
4 Mar 21Despite some significant gaps, the 2021 Budget provides a good balance between growth and resilience – and crucially allows leeway for further fiscal intervention later this year, says Jeffrey Matsu.
3 Mar 21Covid-19 has reversed the normal fiscal cycle between elections, bringing a spending splurge at the beginning of this Parliament – Dan Corry wonders whether announcements on future tax rises in the...
3 Mar 21A new Treasury campus in Darlington, the location of eight ‘freeports’ and details of how local authorities can bid for a £4.8bn infrastructure fund are among a series of Budget measures aimed at ‘...
26 Feb 21Former CIPFA president Margaret Pratt gives her advice on ethical dilemmas facing public sector finance officers
28 Jan 21Chancellor Rishi Sunak is set to announce plans to raise taxes – before cutting them in time for the next election – according to reports.
21 Dec 20The 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”.
24 Sep 20The cost of Rishi Sunak’s ‘winter economic package’, unveiled today, will not be made public until November, the Treasury has confirmed.
24 Aug 20The impact of the pandemic will only escalate the long-overdue need for a change in approach to funding children’s services
14 May 20With 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...
24 Mar 20However coronavirus plays out, chancellor Rishi Sunak’s first Budget shows that a high debt ratio is no longer anathema to government
16 Mar 20Public 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.
13 Mar 20The 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.
