George Osborne will today set out plans to legally bind the government and future administrations into running a surplus when the economy is growing as part of a “new settlement” for the public...
George Osborne has announced that Whitehall departments will make an additional £3bn in spending cuts this year, but the local government finance settlement will not be reopened.
Chancellor George Osborne has urged cities in the Midlands to develop plans for metro mayors so that powers over health and social care, transport, housing and skills can be devolved to combined...
Today’s confirmation of a City Devolution Bill should be the starting point for devolution go both further and wider across the country. The government should set out a roadmap to turn devolution...
George Osborne has been warned that making elected mayors a precondition for city devolution presents an ‘impossibly high hurdle’ in some areas and could even derail his Northern Powerhouse plans.
New Chief Secretary to the Treasury Greg Hands has begun to work with Whitehall departments to agree in-year spending reductions ahead of the post-election Budget on July 8.
There will be a second Budget on July 8 to implement the Conservative manifesto pledges including a £12bn cut to welfare spending, George Osborne announced
Trade union Unison today warned that council-run services such as youth centres, museums and pest controls will close across England if the next government implements the fiscal plan set out in March...
International Monetary Fund chief Christine Lagarde backed the coalition government’s economic strategy, saying levels of growth showed the plan had ‘worked’.
Whatever the election brings, something that feels like austerity will continue. George Osborne’s tenure at the Treasury has locked Britain into permanently lower taxes and smaller government
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.
Chancellor George Osborne has announced ahead of today’s Budget that savers who have already bought an annuity will be able to cash-in their funds for lump sums from April next year.
Shadow chancellor Ed Balls has claimed that Conservative spending plans for after the election imply £70bn worth of cuts will need to be made to public services in the next parliament.
Billions of pounds should be devolved to the North of England to rebalance the economy and revitalise the region’s creaking transport network, according to IPPR North.
Chancellor George Osborne’s Autumn Statement did not provide any explanation of how public services will be able to deliver cuts still to be made, CIPFA has said.
The government has pledged that reforms to the system of business rates initiated by George Osborne in the Autumn Statement will not impact on the finances of local authorities.
Councils should be given the right to set business rates and retain any growth in income, while Whitehall should lose its current redistribution powers, the Local Government Association has said.
The next government must seize the opportunity to devolve financial powers to city regions in England, the Commons’ local government select committee has recommended.
The chancellor's pensions revolution is a disastrous mistake. Millions of pensioners will suffer lower retirement incomes as a result of the Budget announcement, and it could have huge unforeseen...
There is no need to limit this week's Spending Review to one year or to have it so early. These decision are caused by the desire of the two coalition parties not to tie themselves together ahead of...