Hundreds of thousands of public sector workers will get a pay rise now the government has accepted pay review body recommendations, but not funding that pay rise with extra money will mean services...
NHS and teaching unions have warned the rejection of pay review body recommendations will lead to extra strike action and undermine the remit of the bodies.
Making maths lessons compulsory until the age of 18 could exacerbate already-troublesome teaching shortages, and it is important the plan is based on solid evidence rather than being Rishi Sunak’s “...
The autumn statement may have created as many problems as it did solutions for the government, says Dan Corry, chief executive of the think-tank New Philanthropy Capital and former Number 10 adviser.
Chancellor Jeremy Hunt is set to make up to £60bn of spending cuts and tax increases to help shrink the government’s medium-term budget gap, despite the cost-of-living crisis, according to reports.
Chancellor Jeremy Hunt has announced that the government’s fiscal statement will be delayed by more than two weeks, following the appointment of Rishi Sunak as prime minister.
A group of MPs has sought assurance that the Office for Budget Responsibility is preparing for a potential emergency Budget or “significant fiscal event” in September should the incoming prime...
Plans for permanent tax cuts set out by Conservative Party leadership candidates will be “difficult” to implement given the economic environment the promises are being made in, Institute for Fiscal...
Tax cuts proposed by Conservative leadership candidate Liz Truss could cost more than £30bn and break the government's fiscal rules, economists at the Institute for Fiscal Studies have warned.
A turbulent evening in UK politics left Nadhim Zahawi as the new chancellor of the exchequer, after Rishi Sunak resigned citing his “fundamentally” different approach to government from Boris Johnson.
Chancellor Rishi Sunak has announced a windfall tax on energy companies’ “extraordinary” profits to help fund support measures aimed at helping people through the cost-of-living crisis.
Public sector borrowing fell in April as the recovery from the Covid-19 shock continued, but measures to ease the cost-of-living crisis remain “tricky” according to commentators.
Chancellor Rishi Sunak will have some ‘wiggle room’ to help tackle the rising cost of living in his Spring Statement as government borrowing undershoots forecasts, according to an influential...
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.
Local government fared better than many expected in Wednesday’s Budget and Spending Review – but a closer look reveals the sector is still likely to face funding pressures.
Chancellor Rishi Sunak unveiled a new set of fiscal rules in his second Budget, in a bid to reduce the public debt after the huge level of borrowing undertaken in response to Covid-19.
The Treasury has set out a series of sustainability standards for investments it will introduce as part of the government’s drive towards net zero carbon emissions.
Chancellor Rishi Sunak has confirmed an extension to cash incentives for hiring new apprentices, as well as the flagship KickStart scheme to help boost employment.
The Treasury’s inaugural £10bn bond targeting investments in net zero projects, received more than £100bn of bids from the market, according to reports.
