Economy

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    6 Aug 14
    Gross domestic product grew by 0.6% in the three months to the end of June, latest figures from the National Institute of Economic and Social Research have estimated.
  • Manchester
    5 Aug 14
    Plans to devolve new money and civic powers to the north of England are to be worked up over the next five months in order to form the centrepiece of December’s Autumn Statement, Chancellor George...
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    5 Aug 14
    Five cities in the north of England have set out a £15bn plan to upgrade transport connections across the region to create an interconnected ‘economic powerhouse’.
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    31 Jul 14
    The eight core cities in England have set up a new board with their corresponding Local Enterprise Partnerships in a bid to boost jobs and investment outside London and the south east.
  • The UK economy grew by 0.7% in the last three months of 2013, the Office for National Statistics said today, taking the expansion for the year to 1.9% – the highest growth rate since 2007.
    25 Jul 14
    The size of the UK economy has finally surpassed the level recorded in the pre-crisis peak of early 2008, prompting senior government figures to hail a ‘major milestone’ on the economic road to...
  • spreadsheetISTOCK
    22 Jul 14
    Public sector borrowing in June was £11.4bn, almost £1bn more than expected, figures from the Office for National Statistics have revealed.
  • Birmingham town hall
    21 Jul 14
    An urban regeneration company charged with leading the redevelopment of central Birmingham has been established, capitalising on the city’s status as a High Speed 2 hub.
  • 4 Jul 14
    Government changes to the interest rate local authorities pay to borrow from the Public Works Loan Board have become a barrier to councils making decisions to invest in economic infrastructure, the...
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    3 Jul 14
    Public servants must look beyond national borders and election cycles to meet the challenges of globalisation, the CIPFA conference heard from EY’s Uschi Schreiber.
  • The economic recovery has been led by household consumption but a ‘frothy’ housing market and poor trade and productivity statistics raise questions over long-term sustainability, CIPFA’s annual conference has been told.
    2 Jul 14
    The economic recovery has been led by household consumption but a ‘frothy’ housing market and poor trade and productivity statistics raise questions over long-term sustainability, CIPFA’s annual...
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    1 Jul 14
    Labour has pledged to reverse a ‘century of centralisation’ in the control of public spending after backing a review by former Cabinet minister Lord Adonis that calls for more than £30bn to be...
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    30 Jun 14
    All families should be given government help towards their childcare costs in a bid to encourage more mothers back to work, according to recommendations from the Institute for Public Policy Research.
  • CIPFA roundtable
    27 Jun 14
    Should public sector finance managers be more open with the public about the effects of cuts in services? Participants at a recent CIPFA roundtable debate on health and social care funding certainly...
  • Houses for sale
    26 Jun 14
    The Treasury is to limit the loan-to-income ratio of mortgages underwritten by the government’s Help to Buy scheme at 4.5:1 after the Bank of England announced restrictions on the use of these loans...
  • Firemen-Shutterstock
    23 Jun 14
    Big-data analytics has been making a major impact on cities as far apart as New York and Baghdad, saving lives and money in the process. Now the latest stage in the information revolution looks set...
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    20 Jun 14
    Public sector borrowing in May was £13.3bn, up £4.6bn from the same month last year, figures from the Office for National Statistics have revealed today.
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    16 Jun 14
    Ratings agency Standard & Poor’s has revised its outlook on the UK’s AAA credit rating from ‘negative’ to ‘stable’ in its latest examintion of the economy.
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    11 Jun 14
    Almost all young people could be either in work or learning by the end of the decade if councils were allowed to lead on youth unemployment schemes, the Local Government Association has claimed.
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    11 Jun 14
    The number of people working in the public sector has fallen to its lowest level in 16 years after the part-privatisation of Lloyds Banking Group led to nearly 100,000 posts being reclassified in the...
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    9 Jun 14
    Scotland’s uncertain constitutional future has proved no deterrent to overseas investors, according to the annual Attractiveness Survey by accountants EY.
  • Nick Clegg
    9 Jun 14
    Deputy Prime Minister Nick Clegg has proposed public spending rules for the next parliament that include a commitment to cutting the level of the national debt as a proportion of economic output in...
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    6 Jun 14
    The International Monetary Fund has warned that imbalances in the housing market present a risk to the UK’s recovery and called for planning reforms to increase the supply of land for new homes.
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    2 Jun 14
    Strong local leadership is crucial to successful town centre regeneration, a review of four ‘Portas pilot’ towns has found.
  • Going to work
    29 May 14
    It’s no longer just the bottom 20% of society who are anxious about their future. In the new class structure of industrialised countries, where jobs growth is in services, white-collar and...
  •  The Local Government Association has formed a commission to examine how the rural areas of England can boost their contribution to economic growth and improve public services.
    23 May 14
    The Local Government Association has formed a commission to examine how the rural areas of England can boost their contribution to economic growth and improve public services.

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