Any reforms to business rates must change the process for appeals against property valuations in order to protect councils from “speculative” reviews, the Local Government Association has said today.
CIPFA has joined with organisations including London Councils, Westminster Council and the Greater Manchester Chamber of Commerce to call for local government to retain more of business rates as part...
The Treasury has confirmed that it will offer shares in the bailed-out Lloyds Banking Group to the general public within the next year as part of moves to return the bank to full private ownership.
Further steps to limit the redundancy payments made to senior public sector staff have been announced by the Treasury, with legislation now set to outlaw six-figure payouts.
Public sector borrowing was £6.82bn in April 2015, a decrease of £2.5bn compared to same month last year, the lowest in the months of April since 2008, the Office for National Statistics...
Built upon equal sharing of profit and loss as well as other ethical principles, Islamic finance is prospering in the UK and could provide an alternative approach to managing public funds
The two government bodies that manage most of the taxpayer’s stakes in business are to be merged into a single company, Chancellor George Osborne has announced.
Whatever the election brings, something that feels like austerity will continue. George Osborne’s tenure at the Treasury has locked Britain into permanently lower taxes and smaller government
MPs have criticised the Treasury’s most senior official for publishing his view that there should be no currency union with an independent Scotland during last year’s independence referendum.
Chief Secretary to the Treasury Danny Alexander has launched a review of the business rates system in England, which will consider how to use local retention of revenue to incentivise councils to...
Chancellor George Osborne’s claim that he halved the UK government’s £1.7bn bill from the European Commission late last year is ‘not supported by published information’, the Treasury select committee...
The Treasury has seriously mishandled the new fee regime for universities, resulting in zero expected savings for the public coffers. And the chancellor’s scrapping of controls on student...
Shadow Treasury chief secretary Chris Leslie says that he wants to ‘declutter’ public services and chuck out the deficit. He talks to PF about Labour’s economic makeover
Chancellor George Osborne has today been urged to block attempts by the state-owned Royal Bank of Scotland to increase the level of bonuses it can pay employees
A lack of useable public information on how Whitehall performs means that assessing its overall effectiveness is an impossible task for any ‘armchair auditor’
The Treasury is reluctant to confirm how much the Parliamentary Commission on Banking Standards is costing the taxpayer, but it could be up to £1m. Let’s hope it proves worth the money