Chancellor George Osborne’s decision to impose rent cuts on social housing providers in last week’s summer Budget has hit the creditworthiness of the sector, ratings agency Fitch has said.
Devolution in England is gathering pace. In the Budget, the chancellor made it clear that he considered that the process of shifting power away from Westminster has only just begun.
In a statement filled with policy announcements, the chancellor reiterated his commitment to devolution. Councils must get their proposals to the government before they get landed with someone else’s...
The Budget gave us the answers to where the £12bn in welfare cuts will come from. But we need a more sustainable and strategic approach to the drivers of welfare spending.
Cornwall is set to be the first county to secure a devolution deal from the government, while discussions are underway to reach devolution deals with four cities in England, George Osborne has...
The maximum amount that households can claim in benefits is to be cut from £26,000 to £23,000 in London, and £20,000 in the rest of the country, from next April as part of plans to...
Public sector pay increases will be capped at 1% for the next four years as part of efforts to get the public finances in surplus by 2019/20, Chancellor George Osborne announced in his post-election...
There will be a second Budget on July 8 to implement the Conservative manifesto pledges including a £12bn cut to welfare spending, George Osborne announced
The chancellor’s support for the oil and gas and whisky industries attracted broad support in Scotland, tempered with criticism of his continued austerity drive in the public finances.
Public spending is set to increase from 2019/20, bringing austerity to an end a year earlier than planned, Chancellor George Osborne announced in the Budget.
