Lurking under treacherous public spending waters is an iceberg of off-balance sheet costs and other hidden debts. Future generations will have to pick up the tab
Government policies to support local economic growth such as the creation of local enterprise partnerships and City Deals may not be value for money, the National Audit Office has warned.
The UK public finances will be in surplus by 2018/19, Chancellor George Osborne said today as he revealed a host of upward revisions to the Office for Budget Responsibility’s fiscal forecasts
The Treasury has doubled its target for receipts from the government’s privatisation programme to £20bn by 2020, with the taxpayer stake in Eurostar among the assets now likely to be sold
The Treasury has been urged to set out more details about the development of a host of infrastructure projects in this week’s Autumn Statement as part of efforts to raise private finance to pay for...
A return to economic growth will bring no relief for the public sector. Crushing austerity is here to stay for at least a decade, whoever is in office. So what will this vice-like grip on the...
Business leaders have urged Chancellor George Osborne to stick to his deficit reduction strategy despite improvements in the economy, warning that the job of cutting spending is ‘only half done’.
Economic growth and quality of life in a host of regional cities is outstripping London as the capital ‘pays the price’ due to its problems with transport congestion, housing affordability and income...
Unemployment fell below 2.5 million in the three months between July and September, figures from the Office for National Statistics have revealed today.
Deputy Prime Minister Nick Clegg has revealed details of a £950m investment plan for Southampton and Portsmouth as part of a devolution deal between the cities and government.
The National Institute of Economic and Social Research has revised up its growth projections for the UK economy this year and next, driven by an increase in consumer spending.
The UK economy grew by 0.8% in the three months to the end of September, the largest increase in more than three years, figures from the Office for National Statistics have revealed today
Public sector borrowing for the current year looks set to undershoot the Office for Budget Responsibility’s forecasts, according to public finance figures released today
The number of people claiming Jobseeker’s Allowance has fallen in every local authority in Britain over the last 12 months, according to the Department for Work and Pensions.
The government has struck a deal to support the construction of a new nuclear power station at Hinkley Point in Somerset, but the terms could see energy company EDF receiving above-market payments...
The next UK government could increase public spending by £20bn a year – 1% in real terms – from 2016 and still manage to cut the deficit, according to a Fabian Society commission.
Senior figures in the Department for Communities and Local Government have defended the government’s decision to top-slice the New Homes Bonus, saying reforms will ‘tie in’ councils to Local...
Legislation has been introduced in Parliament that will cut £2,000 from the National Insurance contributions paid by businesses and charities next year
Sterling should be allowed to fall in value to get the UK economy growing in line with the world average, according to a pamphlet published by the Civitas think-tank