The government loans scheme for businesses struggling with finances due to the coronavirus pandemic has been revamped following criticism from industry bodies and unions.
The government has been urged to get Universal Credit ‘battle ready’ for an unemployment ‘crisis’, after nearly one million people applied to receive UC benefits in just two weeks.
The Covid-19 pandemic strengthens the argument that human capital investment can help build a healthy and prosperous society, argues senior fellow at the Health Foundation Dave Finch.
The coronavirus pandemic is on course to cause the deepest recession in the UK since the financial crisis of 2008, according to the Centre for Economics and Business Research.
Chancellor Rishi Sunak has announced that self-employed people are to receive subsidies of up to 80% of profits up to £2,500 per month, in a bid keep businesses running during the coronavirus...
Government has increased the amount available to Whitehall departments for contingency funding to £266bn for 2020/21 in response to the Covid-19 pandemic.
The government is asking for the planned business rates holiday to be made exempt from European Union rules restricting state aid, as financial pressures mount up due to the coronavirus pandemic.
The government has confirmed the £500m hardship fund announced during the Budget will be used to fund council tax relief for vulnerable households affected by the coronavirus pandemic.
The Cabinet Office has decided to waive the rules on payment in advance, in a bid to help local authority suppliers stay afloat during the coronavirus pandemic.
Universal Credit ‘advances fraud’ is estimated to have cost the Department for Work and Pensions up to £150m in the 18 months to December 2019, according to the National Audit Office.
A reform of the council tax system could see a 50% decrease in payments for people in the most deprived regions of the country, says the Institute of Fiscal Studies.
Rishi Sunak has expanded the 100% business rates holiday to all leisure, retail and hospitality businesses, as he updated the Treasury's coronavirus package.
Public sector net debt is forecast to rise by £125bn or 4.6% of GDP, as government embarks on the largest spending increase since 1992, according to the Office for Budget Responsibility.
Cost controls at the Renewable Heating Incentive, which led to the collapse of the Stormont government in 2017, fell by the wayside, according to the inquiry into the scheme.
Rishi Sunak hinted at a coming change to the government’s fiscal rule, promising to report back to parliament in the autumn after consulting with experts on how extra spending could boost the economy.