Third sector leaders have called on the government not to lose sight of the public service reform agenda, following a Budget that made little mention of it.
The interest rate cut for some local authority borrowing could scupper councils’ plans to issue bonds to raise funds for infrastructure projects, Public Finance has learned.
The Office for Budget Responsibility has revised its growth forecast for the UK this year up from 0.7% to 0.8%, but the eurozone remains a ‘major risk’ to its prospects, Chancellor George Osborne...
The government will work with cities to devolve decision-making powers and encourage the private sector in areas where the public sector dominates the economy, Chancellor George Osborne said today.
Chancellor George Osborne has been warned that a reduction in the top rate of income tax would be a ‘distraction’ from the stimulus measures that need to be taken to boost the economy.
The Trades Union Congress has urged Chancellor George Osborne to take ‘bold measures’ to boost the economy in his Budget next week, including plans to tackle youth unemployment.
As the UK feels the pain of the harshest austerity package since the war, don’t expect any letup in George Osborne’s March Budget. Better get used to the new normal, says Tony Travers
Chancellor George Osborne has been urged to use next month’s Budget to end uncertainty over whether corporation tax powers will be devolved to Northern Ireland.
The public sector recorded a surplus of £7.8bn last month, as a result of high tax payments and reduced borrowing from councils, figures from the Office for National Statistics reveal.
Gross domestic product for both the eurozone and the European Union as a whole fell by 0.3% over the last three months of 2011, Eurostat said yesterday.
European Union countries’ government debt increased to 82.2% of their gross domestic product at the end of September 2011, according to the EU’s statistical service.
