Economy

  • 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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    22 May 14
    Underlying government borrowing in 2013/14 has been revised down by £300m, the Office for National Statistics has said, but borrowing in the first month of the new financial year was up by £1.7bn...
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    21 May 14
    The next government should not repeat the coalition’s use of a fiscal target based on reducing public sector debt, but instead base rules only on a five-year target for borrowing, two leading...
  • UK still stuck in recession
    15 May 14
    The government’s programmes to promote local economic growth have lacked clarity and coordination, and their achievements in job creation have fallen below expectations, the Public Accounts Committee...
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    14 May 14
    The headline rate of unemployment fell to 6.8% in the three months to March, according to official figures
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    9 May 14
    A radical reform to the role of Local Enterprise Partnerships, including giving councils sign-off of economic strategies, is needed to tackle the north-south divide, former Labour housing minister...
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    8 May 14
    Many local enterprise partnerships are failing to address the long-term obstacles to growth and are not putting enough emphasis on tackling unemployment, a report by IPPR North has claimed.
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    6 May 14
    The Organisation for Economic Co-operation and Development has revised up its forecast for UK growth in 2014 due to what it called the robust pace of the economic recovery. It also backed...
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    29 Apr 14
    City councils have been urged to provide more support to collaborations between local universities and firms that could boost economic growth.
  • The economy grew by 0.8% in the first quarter of 2014, meaning the rate of expansion has quickened compared to the last three months of 2013, figures from the Office for National Statistics revealed today.
    29 Apr 14
    The economy grew by 0.8% in the first quarter of 2014, meaning the rate of expansion has quickened compared to the last three months of 2013, figures from the Office for National Statistics revealed...
  • 25 Apr 14
    Increased fiscal devolution to cities is a ‘necessity’ to boost the growth rate of the UK, a leading economist examining plans to increase the powers of municipalities has told Public...
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    25 Apr 14
    Ed Miliband has said a future Labour government would end ‘abuses’ of zero-hours contracts by allowing employees to demand fixed hours when they have worked regularly for more than six months.
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    24 Apr 14
    The government’s abolition of support payments to employers who have to pay out a large proportion of their wage bill on sick pay will make it harder to meet Chancellor George Osborne’s target for...
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    22 Apr 14
    The UK will grow by more than 3% this year, the Centre for Economics and Business Research has forecast in the latest upbeat assessment of the economy.
  • MerseyGateway bridge
    22 Apr 14
    Chancellor George Osborne today said the ‘tough decisions’ taken to cut government spending since 2010 have allowed the Treasury to prioritise infrastructure investments to boost growth.

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