Public sector borrowing has increased in the first two months of 2016-17, despite large reductions in grants from Whitehall to local authorities, according to figures from the Office for National...
Public sector employment has seen two quarter-on-quarter increases for the first time since 2008 according to figures published by the Office for National Statistics.
Chancellor George Osborne missed the public sector borrowing goal in 2015-16 by around £1.8bn, with the deficit totalling £74.0bn according to provisional figures published by the Office for National...
The economy could be larger than official statistics show as measurements fail to effectively capture new forms of activity in the digital economy, according to a government-commissioned review by...
Chancellor George Osborne has been warned that the government could miss its deficit target for 2015/16 by as much as £7bn after public sector borrowing for November increased by £1.3bn compared to...
Facts and figures from the December 2015 edition of Public Finance magazine, including pay growth, Bank of England forecasts, international health provision, student satisfaction, and refugee numbers.
The Office for National Statistics has today classified housing associations as part of the public sector, leading to an estimated £60bn increase in public sector net debt.
The UK is officially in deflation for the first time since 1960 as prices fell in the economy over the year to April, the Office for National Statistics has announced today.
The UK’s employment rate fell to 5.5% in the three months to March, the lowest since mid-2008, while wages rose ahead of inflation, figures from the Office for National Statistics have revealed.
Public sector borrowing in December was £2.9bn more than in the same month last year due to a controversial payment the government had to make towards the European Union’s budget, it has been...