The government should avoid “prioritising politically driven tax cuts while decimating services” during Wednesday’s Budget, public sector unions have said.
The Bank of England selling public debt could leave the government open to up to £130bn of losses, MPs have said, arguing policymakers “took a leap in the dark”.
The government does not properly monitor the effectiveness of tax reliefs, meaning billions of pounds of subsidies may not deliver economic growth, the National Audit Office has said.
A better-than-expected outlook for public finances is likely to give chancellor Jeremy Hunt headroom for tax cuts ahead of the general election, an economist has said.
The public never saw the real chancellor responding to the financial storm with calmness - and proper food, writes David Smith, director at Kent County Council who worked with him.
The government’s growing debt burden and high interest costs are a key risk to public finances and must be managed carefully, the National Audit Office has said.
A senior Labour MP has asked whether the block on new capital spending from the Department for Levelling Up, Housing and Communities will impede housing projects.
Capital spending restrictions imposed on the Department for Levelling Up, Housing and Communities will hamper local authority investment and harm the government’s flagship policy, experts have warned.
Public sector workers need pay rises similar to their private sector counterparts if services are to maintain motivated, experienced staff, the Treasury has said – but without promising new money for...
Failures in the local audit market are leading to “increasingly incomplete and unreliable” data in central government reporting with councils left in the dark over spending decisions, the Public...
Income tax bands not rising in line with inflation will eclipse the benefit households might expect from tax cuts, meaning the government is effectively “giving with one hand and taking with the...
The government’s choice to not go ahead with a Spending Review this year means departments will need to make difficult decisions on services as inflation erodes their budgets, experts have warned.
The Treasury has confirmed that the government will stick to the current funding settlement for departments, despite concerns over the impact of inflation on budgets.
The Treasury has confirmed the fiscal event taking place on Friday will not come alongside a full forecast from the Office for Budget Responsibility, despite concerns from MPs and experts.
The government’s choice to sack the top civil servant in the Treasury will “taint” the successor and cause unnecessary upheaval during the cost-of-living crisis, experts have said.
NHS leaders have pressed the Treasury to review pension rules that discourage senior staff from working amid concerns they are hindering the service’s ability to get through backlogs.
Councils in England will need to tighten their budgets and prioritise spending on core services as inflation piles pressure on resources, a Treasury minister has warned.
