Is the Treasury taking the right approach? Is the government ignoring good sources of revenue? How ready is the public sector for more cuts? We’re collecting our readers’ views.
The government is likely to make tens of billions of pounds of spending cuts in the next few years to meet its fiscal targets, following its market-spooking package of tax cuts, a panel at a think-...
Covid-19 support measures and the related economic slowdown saw the Scottish government's budget deficit spike to 22.4% of GDP last year, according to latest statistics.
The UK government deficit could rise to as high as £260bn – about 12% of GDP – this financial year, as a result of the measures taken amid the coronavirus pandemic, economists at PwC have predicted.
Wales’s multi-billion-pound public finance deficit is reducing, but only because of spending cuts – not increasing revenues – according to experts at Cardiff University.
A think-tank has warned most forms of Brexit will damage the UK economy - while the Office for National Statistics has predicted borrowing will increase this financial year.
NHS trusts in England ended the last financial year with a deficit of £960m - £464m above the projected deficit of £496m, a regulator’s report out today has shown.
Wales had a net fiscal deficit of £14.7bn in 2014/15, equivalent to almost a quarter of its estimated GDP, according to an analysis of its public finances.
George Osborne will today warn the UK economy faces a “dangerous cocktail” of global threats that make it essential to complete the government’s plan to cut spending and get the public finances into...
Chancellor George Osborne has been warned that the government could miss its deficit target for 2015/16 by as much as £7bn after public sector borrowing for November increased by £1.3bn compared to...
The International Monetary Fund has forecast that the UK will continue to run a deficit until 2020, despite official Treasury projections showing a surplus in the public finances by 2018/19.
Ed Miliband has today set out a plan for the Office for Budget Responsibility to verify a Labour government's plans to cut the deficit in every year of the next parliament.
George Osborne’s statement included no details on tax rises or how to improve public sector efficiency, but the next government will likely need both to meet fiscal targets.
Debt as a proportion of national income is to start falling, allowing Chancellor George Osborne to meet the fiscal target he set five years ago, he said today.
