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 Treasury Committee has called for answers on procurement deals with the company at the centre of the Post Office scandal following the 2019 High Court ruling that exonerated sub-postmasters.
A senior Conservative MP has suggested the government should row back on more of the tax cuts outlined in last month’s Growth Plan to “reassure the markets” after weeks of turbulence.
An Office for Budget Responsibility forecast will be published this month as the chancellor listens to calls not to delay its publication until he announces his medium-term fiscal plan in late...
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 former Cabinet Office and Treasury minister who resigned in January over the government’s measures to tackle fraud in Covid-19 loan schemes yesterday told MPs that officials and...
Heightened inflation caused by global supply chain issues and labour shortages could continue into the middle of next year, according to the Bank of England’s new chief economist.
Former prime minister David Cameron defended supply chain finance as a way of reducing cost of public service provision, as he faced questions from MPs on the lobbying scandal.
The National Audit Office plans to have its timetable for completing departmental audits back on track for the 2021-22 accounts, following delays caused by Covid-19.
The government’s 2021 Budget spending plans are at risk because they assume no Covid-19-related support after next year, according to the chairman of the Office for Budget Responsibility.
Chancellor Rishi Sunak should not increase taxes in this week’s Budget, as they could undermine the Covid-19 recovery, the Treasury Select Committee has warned.
Chancellor Rishi Sunak has been asked by Parliament’s Treasury Select Committee asked to explain the arrangements put in place to help devolved administrations mitigate issues arising from the...
Imposing tax increases too early could “stifle” the UK’s economic recovery from the coronavirus pandemic, a report from the Treasury Select Committee has warned.
