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1 Jul 22
The government launched its post-Brexit investment bank more than a year faster than similar lending facilities, meaning it was unable to state how it will meet objectives, according to the National...
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14 Apr 22
The government’s allocation of a post-Brexit funding pot was a missed opportunity to reform economic development allocations, with many regions receiving cuts, according to experts.
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11 Apr 22
Regions across England could see a shortfall amounting to tens of millions of pounds compared to the European Union structural funding it replaces, according to reports.
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14 Dec 21
The UK’s “rapid” economic recovery after lockdowns and the government’s efforts to cut the deficit following the large Covid-19 support schemes have led to rating agency Fitch affirming its judgement...
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7 Dec 21
The Cabinet Office has dropped proposals for some changes to post-Brexit procurement processes, after councils complained that they need the ability to tailor contracts for health and...
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5 Jul 21
The UK’s debt repayments will be favourable, despite risks stemming from an elevated deficit and future Brexit-related shocks, according to ratings agency Moody’s.
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19 May 21
Reduced net migration to the UK due to Covid-19 and Brexit could create further pressure on local government finances, according to ratings agency Moody’s.
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2 Mar 21
Councils will gain access to £4bn worth of loans for capital projects from the new UK Infrastructure Bank - although experts have raised questions about the lending rate.
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3 Feb 21
The costs of independence to the Scottish economy are likely to be two to three times greater than the costs of Brexit as a result of increased trade costs, a study warns.
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26 Jan 21
The UK’s economy has been weakened by significant challenges relating to Brexit, with exit from the single market set to impact medium-term growth, according to ratings agency Moody’s.
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19 Jan 21
The UK’s credit rating could decrease if the Brexit free trade agreement with the European Union undermines economic performance, according to ratings agency Fitch.
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7 Jan 21
Jonathan Carr-West, chief executive of the Local Government Information Unit, examines the potential financial impacts for councils of the post-Brexit agreement between the UK and European Union.
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7 Jan 21
The UK’s economy could take until 2024 to reach pre-Covid-19 levels, economists at PwC have warned.
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16 Dec 20
A proposed post-Brexit overhaul of the UK’s public procurement rules would make it easier buyers to encourage social value, according to the government.
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8 Dec 20
As many as one in 20 local authorities in England risk financial failure as a result of a disruptive European Union Exit, according to a leaked government report.
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6 Nov 20
The combined disruption of Covid-19 and Brexit may lead to a financial squeeze for HMRC next year, a report from the tax department said.
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3 Nov 20
The ongoing pandemic disruption combined with Brexit could overwhelm local authorities and devolved administrations, according to the Institute for Government.
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26 Oct 20
The UK’s credit rating could be upgraded if a post-Brexit trade deal is agreed with the European Union, according to ratings agency Standard and Poor’s.
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23 Oct 20
Brexit could lead to a lowering in fraud prevention standards, according to the head of counter fraud and investigation at the Government Internal Audit Agency.
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19 Oct 20
Former chancellor Philip Hammond has described prime minister Boris Johnson’s claim that the UK will prosper under any no-deal Brexit as a "delusion".
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14 Oct 20
The UK government will need to get record debt in relation to GDP onto a “downward path” once the economy has recovered from Covid-19, according to the OECD.
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9 Oct 20
The UK local authority sector could see a future downgrade to its credit rating if a sustained recession leads to further spending cuts, according to ratings agency Standard and Poor’s.
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2 Oct 20
The economic disruption caused by Covid-19 and Brexit could complicate the government’s “levelling up” agenda, according to the Institute for Fiscal Studies.
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18 Sep 20
Finance ministers from Scotland, Wales and Northern Ireland have expressed concerns over the financial implications the UK Internal Market Bill will have on devolved governments.
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15 Sep 20
The UK government should look to create its own state aid system after the Brexit transitional agreement ends, according to the Institute for Government.