The UK government has been urged to consider moving capital gains tax rates in line with income tax levels, which could raise an additional £14bn annually, according to the Office of Tax...
The government has announced it is extending the Coronavirus Job Retention scheme for a further four months, alongside increased support for self-employed workers.
“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
Local government minister Luke Hall has asked councils to apply the £95,000 exit payment cap to pension schemes before regulations are formally introduced – a move one lawyer called a “load of...
MPs will assess the impact of a single-year spending review on councils’ long-term delivery of services as part of an inquiry into the spending review and local government finance.
Government schemes to protect jobs and support businesses during the Covid-19 pandemic risk considerable levels of fraud and error, particularly the furlough scheme, according to the National Audit...
London mayor Sadiq Khan and prime minister Boris Johnson are at loggerheads over the management of Transport for London as the network continues negotiations on a second bailout.
Chancellor Rishi Sunak has announced the government is to amend its Job Support Scheme to increase support to businesses affected by reduced trade resulting from Covid-19.
Public sector net borrowing reached the highest level ever recorded in the first half of the fiscal year as the government tried to deal with the health and economic consequences of Covid-19.
The Treasury has confirmed the Comprehensive Spending Review will only set departmental budgets for next year, due to the economic disruption caused by Covid-19.
Ratings agency Moody’s has downgraded the UK’s credit rating for the third time in eight years, citing factors including a deterioration in the quality of the government’s fiscal decision-making.
The Ministry for Housing, Communities and Local Government has invited councils in Somerset, North Yorkshire and Cumbria to submit proposals for unitary authorities.
The government will face some tough choices on benefit reforms following record applications, with some aspects of the system already “ripe for reform”, according to the Institute for Fiscal Studies.
Chancellor Rishi Sunak signalled that plans for the government to get debt back under control will be pushed into the medium term, following this year’s record borrowing.
The economic disruption caused by Covid-19 and Brexit could complicate the government’s “levelling up” agenda, according to the Institute for Fiscal Studies.
The upcoming Comprehensive Spending Review should outline £10.1bn in funding for local authorities up to 2023-24 to help meet funding gaps and increased demand on services, the Local Government...
