Funding given to care homes in the first year of the pandemic led to a sharp rise in dividend payments in some large companies while staff in the sector struggled with low pay and high workloads,...
New gloomy predictions of long-term economic growth suggest pensions promised to public sector workers will be more costly than anticipated, economists at the Institute for Fiscal Studies have warned.
The economy would benefit by billions of pounds per year if healthcare waiting lists are reduced in line with government plans, but doing so will be impossible without investment in the social care...
Labour leader Keir Starmer has pledged to use a “proper” windfall tax to fund council tax freezes for households in England next year if the party is elected.
Reported fraud nearly quadrupling in the wake of Covid-19, and the fact that the government looks unlikely to recover most of the money, could lead to fraud and corruption becoming more accepted, the...
Just 1% of fraudulent or incorrect Covid-19 business grant payments have been recovered by councils, because there are no incentives for them to do so, the National Audit Office has said.
Despite higher tax income and lower spending on energy support, the government has less fiscal headroom than any in recent years, the Office for Budget Responsibility has said.
The Budget contained billions of pounds of tax cuts for businesses and measures aimed at getting people back to work, but elephants in the room such as public sector pay and struggling services...
Dr Jim Cuthbert questions whether the government’s funding method for its nuclear power programme provides value for money, given it now expects the plants to take nearly twice as long to build.
“Woeful” progress on recovering fraudulent and incorrect claims from Covid-19 job support schemes has left billions of pounds of public money at risk, the Public Accounts Committee has warned.
Creating a state-owned company to generate electricity could save UK households £21bn a year and help accelerate the transition towards net zero, a think-tank has said.
The government will struggle to achieve its net zero targets if it continues without a clear plan to decarbonise the power sector – the “backbone” of its ambition – according to the national spending...
Researchers have warned that despite some economic good news the chancellor might have “less fiscal room for manoeuvre” in the upcoming Budget than it appears.
Dysfunctional leadership and “inexcusable” poor governance arrangements contributed to the London Borough of Croydon’s financial woes, a long-awaited report has found.
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.