Persistent inflation and weak productivity will hurt growth prospects, putting the UK economy at a high risk of recessions in 2023 and 2024, economists have warned.
Construction delays and overspends on existing developments mean the government will miss its election target to build 40 hospitals by 2030, the National Audit Office has warned.
The government will need to adopt permanent tax hikes or spending cuts to avoid debt soaring to more than 300% of GDP by the 2070s, the Office for Budget Responsibility has warned.
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.
Woking was lent millions of pounds of public money just two days before the government published a damning review into its finances and sent in commissioners, leading to accusations of a “lack of any...
NHS and teaching unions have warned the rejection of pay review body recommendations will lead to extra strike action and undermine the remit of the bodies.
Ambitious Labour and Conservative plans to decarbonise the UK power sector will fail without a substantial increase in investment - and the money needed could be “politically infeasible”, a former...
Every pound the government spends is worth scrutinising, especially during an emergency such as the pandemic, parliament's Public Accounts Committee chair Meg Hillier writes upon publication of her...
The rise of electric vehicles will leave a £10bn hole in UK public finances within a decade as fuel duty revenue dwindles, and the government faces calls to overhaul road taxes to make up for it.
Government spending has become more progressive in recent decades, but current plans have put this trend in jeopardy, the Institute for Fiscal Studies has said.