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...
The government’s 2021 Budget spending plans are at risk because they assume no Covid-19-related support after next year, according to the chairman of the Office for Budget Responsibility.
The government has confirmed it will triple the cap for Covid-19 business grants administered by local authorities as it moves away from European Union state aid rules.
Medium-term cuts to public sector spending outlined in the Budget could see a return to austerity for some departments including justice and local government, an economist has warned.
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.
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.
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.
