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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
Rishi Sunak’s fiscal set-piece had the firm air of a holding statement – heavily laced with politics, says Dan Corry.
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23 Mar 22
Chancellor Rishi Sunak’s announcement of a £500m extension to a hardship fund distributed via top-tier local authorities provides a mere “drop in the ocean” compared to the scale of the cost of...
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22 Mar 22
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...
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24 Apr 19
Philip Hammond has hinted if the Treasury goes ahead with a three-year Spending Review it might not happen in 2019, to a group of MPs.
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14 Mar 19
Chancellor Philip Hammond’s Spring Statement has been branded a “dead rubber” that will not end austerity for the public sector.
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14 Mar 19
The government is to invest £260m in a deal to boost the economy of the Borderlands as part of the chancellor’s Spring Statement.
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14 Mar 19
Public services will have to continue to cope until funding decisions are announced in the Spending Review, says the Institute for Fiscal Studies’ director Paul Johnson.
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14 Mar 19
The Spring Statement gave a hint the chancellor may be rethinking fiscal objectives, says chief economist at the Institute for Government Gemma Tetlow.
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13 Mar 19
Promises made in the Spring Statement hinge around avoiding a no deal Brexit, which seems fairly optimistic at this point, says New Philanthropy Capital chief executive Dan Corry.
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13 Mar 19
The chancellor has announced that assuming a Brexit deal is agreed and “uncertainty lifted”, he will launch a “full three-year spending review” before the summer break.
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13 Mar 19
The chancellor has handed an extra £100m to police in England over the next year, ring-fenced to help them tackle knife crime.
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21 Feb 19
The public sector ran a £15bn surplus in January – the biggest on record for that month – as a result of strong taxes coming in, official figures have revealed.
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11 Feb 19
Local government can expect an “ungenerous” deal in the Spending Review but it maybe be able to raise more in council tax.
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14 Mar 18
The chancellor was right to celebrate a rosier economic outlook in the Spring Statement but must make spending on public services his priority going forward, says Reform's Alexander Hitchcock. ...
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14 Mar 18
The government will find it hard to increase spending on public services even if it wishes to do so, the Institute for Fiscal Studies has warned after yesterday’s Spring Statement.
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14 Mar 18
This year's Spring Statement was a ‘non-event’ and showed the chancellor is still trapped in a ‘reactive spending cycle’ - next year's Spending Review is his chance to change all that, says the...
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13 Mar 18
Chancellor Philip Hammond’s hint that public spending could rise in the autumn will not help those dealing with strained budgets now, CIPFA chief executive Rob Whiteman has warned.
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13 Mar 18
Local authorities are running out of cash fast and saying they may get more in the autumn Budget is not helping them, says LGIU's Jonathan Carr-West.
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13 Mar 18
Despite some improvements to the economic forecasts, the overall outlook is still gloomy, says Dan Corry.
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13 Mar 18
The economy is expected to grow more strongly than expected this year and the public finances will continue on the road to recovery, chancellor Philip Hammond revealed in his inaugural Spring...
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13 Mar 18
Chancellor Philip Hammond has brought forward the next business rates revaluation by a year to 2021, after which three-yearly reviews will take effect.
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12 Mar 18
Tomorrow’s spring statement is likely to show an improved economic position but this should be treated with caution, rival think-tanks have agreed.
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6 Dec 17
The first Spring Statement will take place on 13 March 2018, chancellor Philip Hammond has announced.