Prime Minister David Cameron has pledged to maintain the ‘triple-lock’ on state pensions, meaning they are set to rise by at least 2.5% a year until 2020 if the Conservatives win the next election
Home loans worth nearly £1bn have been backed by the government’s Help to Buy mortgage scheme in its first three months, Prime Minister David Cameron said today
The government is set to make a profit from the operation of the railway by the end of the next parliament due to above-inflation increases in fares, a report has claimed today.
The government has written to councils to confirm the Bellwin compensation scheme to support areas hit by flooding has been activated, and ministers also called for assurances that town halls are...
Councils in the north of England should receive a funding increase if they succeed in boosting local employment under new agreements with government, a think-tank has said.
The government has been urged to provide extra funding to councils that experience an increase in the local population once European freedom of movement restrictions on Romanian and Bulgarian workers...
Outsourcing firm Secro has agreed to repay £68.5m to government as a result of overcharging the Ministry of Justice for electronic tagging services that had not been carried out.
The Office for National Statistics has today revised up its public sector borrowing estimate for the financial year so far by £2.6bn, meaning the government’s deficit reduction plan only saved £1.9bn...
Ed Miliband has launched Labour’s review of all public spending with a pledge that the party will have a tough plan to get government borrowing down if it wins the next election.
CIPFA is examining ways to improve public financial management by developing a method of measuring spending across all public services in different areas of the country.
The Public Accounts Committee has criticised Revenue & Customs for ‘holding back’ on prosecuting companies and individuals that give it misleading information in an attempt to avoid tax.
The £3.2bn privatisation of part of the government’s stake in Lloyds Banking Group in September was value for money, the National Audit Office has said today, even though taxpayers lost £230m as a...
The government’s airport commission has selected expansion of Heathrow or Gatwick airport as the best way to provide additional runway capacity in the Southeast of England, but has not ruled out...
Network Rail, the state-owned operator of Britain's railways, is to be reclassified as a central government body, adding £30bn to the national debt, the Office for National Statistics has announced.
The Treasury is to create the new post of director general for spending and finance after a financial management review concluded the role would strengthen value for money across government.
More than a third of public sector organisations fear they do not have effective mechanisms in place to manage risk, which could leave them vulnerable to major financial and operational failures,...
The proposed High Speed 2 rail line linking London with the Midlands and north of England is needed to provide a long-term increase in the capacity on the railway network across the country, the...
The Department for Communities and Local Government must do more to measure the cumulative impact of cuts on councils to ensure that town halls are able to manage the reductions, the National Audit...
Electronic monitoring contracts currently held by G4S and Serco are to be given to Capita by the end of the financial year, Justice Secretary Chris Grayling announced today.
The costs of the government’s controversial free schools programme are increasing and the Department for Education needs to exert more control over funding, the National Audit Office has said today.
The Department for Work and Pensions has written off more than £40m of computing systems following problems in the implementation of the Universal Credit benefit reform, the auditor general has...
The Border Force has weakened security at UK borders by focusing on passenger checks and neglecting examination of freight for illicit goods or vehicles for concealed illegal migrants, MPs have...