A currency union between an independent Scotland and the rest of the UK would require agreements on public spending that would amount to a ‘ceding of national sovereignty’, the governor of the Bank...
Shadow chancellor Ed Balls has committed the next Labour government to running a surplus on current spending by 2020 and pledged to not increase borrowing for day-to-day spending.
Cities across the UK are falling further behind London and need to be given greater financial powers to grow alongside the capital, a report by the Centre for Cities has found today.
No government information technology contract should be worth more than £100m, according to Cabinet Office guidance intended to give smaller firms an improved chance of winning deals.
Finance professionals in public sector bodies must drive efficiency programmes in their organisations to ensure services are protected from ‘really challenging’ funding cuts, the head of a government...
Public money spent on the Crossrail project in London has so far been well protected and the programme is on track to achieve value for money, according to government auditors.
Serious failings in the use of confidentiality clauses in public sector severence deals means they have been used to cover up failure and pay off whistleblowers, the Public Accounts Committee said...
More than one in seven police and crime commissioners share a chief financial officer with their force, risking potential conflicts of interests, according to the National Audit Office
Public borrowing was £12.1bn last month, £2.1bn lower than it was in December 2012, according to Office for National Statistics figures published today
A vote for independence would require Scotland’s 32 councils to be given more autonomy too, their finance directors agreed at PF’s recent dinner debate
Chancellor George Osborne is likely to miss his target to double the value of UK exports to £1 trillion by 2020, the Public Accounts Committee has found.
Government calls for the National Minimum Wage to rise to £7 an hour would improve the public finances through both lower benefit payments and higher taxation income, the Institute for Public Policy...
The next government should prioritise increases in the threshold at which National Insurance contributions are paid in a bid to ease the squeeze in living standards, CentreForum has said
The impact of local government funding cuts are set to be compounded due to ‘unfair’ changes to how councils are financed, authorities in the northeast of England have warned ministers.
The government today said it will guarantee all UK public sector debt even if Scotland votes for independence. This assurance comes amid concerns that financial markets could start charging the...
Labour has reiterated claims that the government’s privatisation of the Royal Mail short-changed taxpayers by hundreds of millions of pounds after the share price for the company rose by more than 70...
G4S and Serco performed poorly in contracts to provide accommodation for asylum seekers in the UK, the National Audit Office has today in the latest criticism of the under-fire outsourcing firms
The government remains on course to save £1.7bn a year through moving more government services online, Cabinet Office minister Francis Maude said today as he announced that driving licence records...
Members of the public and businesses will be able to bid to buy up a portion of Whitehall’s £330bn land and property portfolio under a Treasury-backed scheme launched today
A committee of MPs has warned that cuts to Whitehall environment funding could leave government agencies unable to respond to emergencies like the flooding seen across England over the last month
Chancellor George Osborne today set out plans to cut an extra £25bn from public spending by the end of 2017/18 if the Conservatives win the next election, with welfare emerging as the main target for...