The chancellor’s aim of raising the UK’s economic growth to 2.75% per year is “unlikely” in the current climate, according to Britain’s oldest economic think-tank.
Scotland’s productivity has remained broadly stagnant over the past 15 years despite its skilled workforce and a wealth of government strategies, according to new analysis.
Britain’s tax laws are biased in favour of the self-employed and should be reformed to enable greater investment in people instead of buildings and machines, the LSE Growth Commission has said.
The West of England City region has enjoyed a strong economic recovery, however gains are at risk of being offset by rising rents and house prices, according to the Resolution Foundation.
Brexit is likely to cost the UK economy 2.4 percentage points in growth over the next five years, according to Office for Budget Responsibility forecasts highlighted by chancellor Philip Hammond in...
The UK economy will slow down in 2017, with the triggering of the Article 50 process to leave the European Union among the risks to growth, an analysis from the National Institute of Economic and...
A major review of government’s devolution and economic policy has proposed revisions to the prudential borrowing code for local authorities, as part of increased devolved powers intended to lead to...
Public sector borrowing is set to increase by around £47bn over the next four years as the economy slows following the Brexit vote, economic researchers have forecast.
Boosting growth in cities is linked to good public financial management that helps engage both public authorities and business in the potential for private and public investments.
Inclusive growth could help the poorest benefit more from economic expansion. This will require a state that invests in new infrastructure and backs local initiatives to support communities
The economy could be larger than official statistics show as measurements fail to effectively capture new forms of activity in the digital economy, according to a government-commissioned review by...
The Centre for Economics and Business Research forecasts that chancellor George Osborne will have to revise down his economic growth predictions in the March budget and has questioned his chances of...
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...
The quality of public services is set to “plummet” if George Osborne continues with his plans to cut spending, a report by the Trades Union Congress has warned.
The UK’s economic growth rate slowed in the third quarter of 2015 to 0.5%, down from 0.7% in the previous three months, the Office for National Statistics has found.
Shadow chancellor John McDonnell has announced the creation of an economic advisory committee to help the Labour Party develop its anti-austerity public spending and taxation plans.
The UK’s so-called productivity puzzle can be partly explained by a shift in the economy towards low-skilled, low-paid sectors such as food and accommodation, the Institute for Public Policy Research...
An increase in the UK’s economic growth rate is set to give Chancellor George Osborne greater fiscal flexibility in the run up to the Spending Review and Autumn Statement, analysts have said.