The government has met both of its fiscal rules three years early marking a “turning point” in the UK’s economic recovery, chancellor Philip Hammond said today.
An independent Scotland would face at least another decade of austerity, according to new analysis of the proposals put forward last month by the Sustainable Growth Commission.
The growth of the UK economy in the next two years is expected to trail behind the global average, according to economic forecasters from the International Monetary Fund.
The economic outlook for the UK has taken a gloomy turn, with growth expected to stay below 2% over the next five years, suggesting no return to pre-crisis levels.
Facts and figures from the September edition of Public Finance magazine on electric cars, Theresa May’s popularity and a box office boost for the economy
Cities should be trusted to get on with delivering economic growth while parliament remains distracted by Brexit, according to a group representing the UK’s main cities outside London.
The UK economy will slow down next year because of the uncertainty created by the Brexit negotiations, the Organisation for Economic Cooperation and Development has announced.
Combined authorities should be given greater power over spending on services to create a more equal UK economy through ‘social contracts’, according to the final report of the Inclusive...
The government’s industrial strategy green paper recognises that intervention is needed to rebalance the economy, but downplays a hands-on role for the state and the loss of EU funds
Britain’s tax laws are biased in favour of the self-employed and should be reformed to enable greater investment in people instead of buildings and machines, the LSE Growth Commission has said.
Forging a trade deal with the European Union must be Britain’s top priority in negotiations, because the bloc is the largest export market for 61 of 62 of the nation’s cities, a think-tank has said.
The UK economy grew by 0.6% in the final three months of 2016, on par with the two previous quarters, according to provisional estimates from the Office for National Statistics.