-
2 Sep 20
Work and pensions secretary Therese Coffey has suggested the cutting of taxes could help stimulate the economy post-Covid-19.
-
27 Aug 20
Scottish debt rose to £15.1bn last year, around £2bn more than last year, according to statistics released by the Scottish Government.
-
21 Aug 20
UK public sector net debt reached £2trn for the first time in July, in part down to the increased borrowing resulting from Covid-19.
-
20 Aug 20
Business rate income for local authorities halved in the first quarter, while council tax income stayed steady, according to the first official figures on the impact of Covid-19 on council income.
-
19 Aug 20
Councils lack the necessary reserves to meet the £2bn shortfall local authorities still face from the impact of Covid-19, according to the Institute for Fiscal Studies.
-
21 Jul 20
The Institute for Fiscal Studies has warned the comprehensive spending review could lead to less money for spending departments than was trailed in March’s Budget, due to the Covid-19 pandemic.
-
9 Jul 20
The government will need a plan to manage its Covid-related debt in place by the autumn, according to former permanent secretary to the Treasury, Lord Macpherson.
-
9 Jul 20
Government borrowing in response to Covid-19 could rise to £500bn in the wake of chancellor Rishi Sunak’s economic package announced yesterday, according to the Institute for Fiscal Studies.
-
6 Jul 20
Up to 13 universities could go into negative reserves this year risking long-term security without a government bailout, according to a report from the Institute for Fiscal Studies.
-
2 Jul 20
Tuesday’s government announcement of infrastructure improvements will lead to more than £3bn extra spending this year relative to the Budget, according to the Institute of Fiscal Studies.
-
26 Jun 20
A temporary VAT cut could help stimulate the economy, but only if timed correctly, according to the Institute for Fiscal Studies.
-
22 May 20
Public sector borrowing hit a record £62.1bn in April 2020, during the first full month of Covid-19 lockdown measures, according to the Office for National Statistics.
-
18 May 20
The coronavirus outbreak, and the policy response to mitigate its consequences, will have ramifications for public finances that will far outlast the immediate public health crisis. Although the full...
-
24 Apr 20
The Debt Management Office is set to continue record gilt issuance, with £180bn to be offered over the next three months.
-
8 Apr 20
The UK government’s job retention scheme, aimed at saving jobs during the coronavirus pandemic, could cost up to three times the amount originally forecast, according to think-tank the Resolution...
-
2 Apr 20
The Debt Management Office is set to auction a record £45bn in gilts this month, in order to help finance the government’s response to the coronavirus pandemic.
-
19 Mar 20
A reform of the council tax system could see a 50% decrease in payments for people in the most deprived regions of the country, says the Institute of Fiscal Studies.
-
26 Feb 20
Chancellor Rishi Sunak must either raise taxes or abandon the government’s fiscal rules if he wants to avoid continuing austerity, a leading think-tank has warned.
-
2 Dec 19
The Conservatives’ funding plans for local government will lead to “further retrenchment” in council services, according to analysis by the Institute for Fiscal Studies.
-
28 Nov 19
Both Labour and the Conservatives are not being honest with the electorate over tax and spend pledges in their manifestos, the Institute for Fiscal Studies has said.
-
13 Nov 19
Protecting social care spending has forced English councils to cut other services by 40% in the last 10 years, according to the Institute for Fiscal Studies.
-
7 Oct 19
Revoking Brexit would be the best outcome for the UK economy while a no-deal scenario would double government borrowing, a major economic study has found.
-
3 Oct 19
The government will have to find a way of replacing revenue lost from fuel tax as it works towards hitting emissions targets, economists have warned.
-
27 Sep 19
The prime minister’s plans to cut revenue received from National Insurance contributions and higher income tax would cost billions a year, a think-tank has said.
-
26 Sep 19
Political consensus to tackle the housing crisis is needed but is at an early stage, a conference has heard.