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18 May 22
An English county council is set to reallocate funds earmarked for construction projects to help close a forecast £4.5m gap in its structural maintenance programme as soaring inflation puts pressure...
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17 May 22
Bank of England governor Andrew Bailey has expressed “major worry” about inflation, which could top 10% this year.
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11 May 22
Local authority borrowing from the Public Works Loan Board remains low following four Bank of England interest rates hikes, after councils capitalised on record low finance last year,...
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5 May 22
The government has announced initial payments to help cover local authorities’ costs incurred when delivering the council tax rebate policy aimed at helping the public through the cost-of-living...
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5 May 22
The Bank of England's Monetary Policy Committee has hinted that further interest rate rises are on the horizon, after it hiked borrowing rates for the fourth consecutive meeting.
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28 Apr 22
Public bodies could face pressure from growing direct costs alongside impacts from inflated prices for third party suppliers, according to the Office for National Statistics.
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20 Apr 22
Domestic energy firms have urged the government to provide up to £1,000 extra support to UK households to help ballooning bills this year.
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13 Apr 22
The government will fail in its ambitions to ‘level up’ left-behind areas of the country if it does not introduce measures to address the spiralling cost of living, a think-tank has said.
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31 Mar 22
Prime minister Boris Johnson has promised to consider increasing universal credit in line with inflation, to mitigate the impact of soaring inflation on the cost-of-living.
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29 Mar 22
Public spending rises announced by chancellor Rishi Sunak last autumn are now up to a quarter less generous in real-terms due to rising inflation, says Ben Zaranko.
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24 Mar 22
Public sector workers face a hefty average real-terms pay cut of around £1,800 pounds in 2022-23 as chancellor Rishi Sunak looks to protect his spending plans without raising taxes further, ...
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23 Mar 22
High inflation is set to push the cost of servicing government debt to twice the Office for Budget Responsibility’s forecast in October, the fiscal watchdog said in its outlook accompanying the...
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22 Mar 22
CIPFA's lastest council tax survey paints a picture of further pain for people in the poorest regions of England, says Jeff Matsu.
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17 Mar 22
The Bank of England has raised interest rates for the third month running – to 0.75% – in an attempt to tame soaring inflation.
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16 Mar 22
The government’s decision to freeze income tax bands will provide the government with £20bn additional revenue a year, more than double initial forecasts, according to the Institute for Fiscal...
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15 Mar 22
Leeds City Council's energy bill is set to soar by almost 40% in 2022-23, due to market volatility, it has emerged.
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7 Mar 22
Authorities face increased costs without any guarantee of higher income, putting pressure on budgets for next year.
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23 Feb 22
The Bank of England is set for only modest interest rate tightening in the coming months to deal with high inflation fuelled by supply chain backlogs, according to a senior official.
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16 Feb 22
Soaring inflation caused by Covid-19 supply chain issues leaves central banks in a quandary over raising interest rates.
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8 Feb 22
Next year’s public health grant for councils in England will fall in real terms, despite sector experts saying services having “more than proven their worth” amid Covid-19.
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4 Feb 22
Logistical and software issues are likey to make it challenging for councils to deliver the government’s £150 council tax rebates to help consumers with soaring energy prices, according to CIPFA.
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31 Jan 22
The Bank of England is widely expected to increase interest rates for the second time in two months this week as it continues to try to get inflation under control.
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27 Jan 22
Measures announced in chancellor Rishi Sunak's October Budget are likely to boost inflation, MPs have warned.
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25 Jan 22
Central government interest payments were up by 200% in December from a year earlier due to inflation reaching a three-decade high.
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16 Dec 21
The Bank of England has raised the cost of borrowing for the first time since the onset of Covid-19 despite fears of the Omicron variant slowing the economy, citing worries about inflation.
18 May 22An English county council is set to reallocate funds earmarked for construction projects to help close a forecast £4.5m gap in its structural maintenance programme as soaring inflation puts pressure...
17 May 22Bank of England governor Andrew Bailey has expressed “major worry” about inflation, which could top 10% this year.
11 May 22Local authority borrowing from the Public Works Loan Board remains low following four Bank of England interest rates hikes, after councils capitalised on record low finance last year,...
5 May 22The government has announced initial payments to help cover local authorities’ costs incurred when delivering the council tax rebate policy aimed at helping the public through the cost-of-living...
5 May 22The Bank of England's Monetary Policy Committee has hinted that further interest rate rises are on the horizon, after it hiked borrowing rates for the fourth consecutive meeting.
28 Apr 22Public bodies could face pressure from growing direct costs alongside impacts from inflated prices for third party suppliers, according to the Office for National Statistics.
13 Apr 22The government will fail in its ambitions to ‘level up’ left-behind areas of the country if it does not introduce measures to address the spiralling cost of living, a think-tank has said.
31 Mar 22Prime minister Boris Johnson has promised to consider increasing universal credit in line with inflation, to mitigate the impact of soaring inflation on the cost-of-living.
29 Mar 22Public spending rises announced by chancellor Rishi Sunak last autumn are now up to a quarter less generous in real-terms due to rising inflation, says Ben Zaranko.
24 Mar 22Public sector workers face a hefty average real-terms pay cut of around £1,800 pounds in 2022-23 as chancellor Rishi Sunak looks to protect his spending plans without raising taxes further, ...
23 Mar 22High inflation is set to push the cost of servicing government debt to twice the Office for Budget Responsibility’s forecast in October, the fiscal watchdog said in its outlook accompanying the...
22 Mar 22CIPFA's lastest council tax survey paints a picture of further pain for people in the poorest regions of England, says Jeff Matsu.
16 Mar 22The government’s decision to freeze income tax bands will provide the government with £20bn additional revenue a year, more than double initial forecasts, according to the Institute for Fiscal...
15 Mar 22Leeds City Council's energy bill is set to soar by almost 40% in 2022-23, due to market volatility, it has emerged.
16 Feb 22Soaring inflation caused by Covid-19 supply chain issues leaves central banks in a quandary over raising interest rates.
8 Feb 22Next year’s public health grant for councils in England will fall in real terms, despite sector experts saying services having “more than proven their worth” amid Covid-19.
4 Feb 22Logistical and software issues are likey to make it challenging for councils to deliver the government’s £150 council tax rebates to help consumers with soaring energy prices, according to CIPFA.
27 Jan 22Measures announced in chancellor Rishi Sunak's October Budget are likely to boost inflation, MPs have warned.
