-
7 Jan 21
The UK’s economy could take until 2024 to reach pre-Covid-19 levels, economists at PwC have warned.
-
21 Dec 20
This year has been one of the most demanding for the public sector in living memory. PF lists the ten biggest stories from the past 12 months.
-
10 Dec 20
The Treasury is considering plans to expand VAT for the ‘sharing economy’ to help ensure there is a level playing field for all businesses.
-
10 Dec 20
UK GDP growth slowed to 0.4% in October prior to introduction of a second national lockdown, according to the Office for National Statistics.
-
8 Dec 20
As many as one in 20 local authorities in England risk financial failure as a result of a disruptive European Union Exit, according to a leaked government report.
-
8 Dec 20
The UK government’s lack of fiscal rules and strategy to tackle record debt are a “major source of uncertainty”, according to ratings agency Moody’s.
-
26 Nov 20
The government has announced it is to allocate £220m of pilot funding to the UK Shared Prosperity Fund next year, to help local areas prepare for the full launch of the fund.
-
25 Nov 20
The government is set to borrow a peacetime record £394bn this year, as it funds Covid-19 support measures, according to the Office for Budget Responsibility.
-
24 Nov 20
The UK’s GDP is forecast to decrease by as much as 3.6% in the final three months of this year as result of the second lockdown, according to advisory firm PwC.
-
18 Nov 20
Reports of the long-term death of the city centre might have been greatly exaggerated.
-
18 Nov 20
Monetary policy will attempt to combat long-term scarring to UK GDP from Covid-19 forecast at £40bn a year, according to a deputy governor of the Bank of England.
-
13 Nov 20
The UK’s second Covid-19 lockdown is set to knock a further half per cent off GDP this year, according to ratings agency Moody’s.
-
12 Nov 20
UK GDP soared by a record 15.5% in the third quarter of this year as lockdown measures were loosened, according to the Office for National Statistics.
-
5 Nov 20
The government has announced it is extending the Coronavirus Job Retention scheme for a further four months, alongside increased support for self-employed workers.
-
3 Nov 20
The ongoing pandemic disruption combined with Brexit could overwhelm local authorities and devolved administrations, according to the Institute for Government.
-
30 Oct 20
“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...
-
28 Oct 20
Scottish GDP fell by 19.4% during the second quarter of this year, according to statistics released by the Scottish Government.
-
26 Oct 20
The UK’s credit rating could be upgraded if a post-Brexit trade deal is agreed with the European Union, according to ratings agency Standard and Poor’s.
-
22 Oct 20
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.
-
14 Oct 20
The UK government will need to get record debt in relation to GDP onto a “downward path” once the economy has recovered from Covid-19, according to the OECD.
-
12 Oct 20
The Bank of England has asked UK banks to assess their readiness if interest rates are reduced to zero or below.
-
9 Oct 20
The UK’s GDP growth slowed to 2.1% in August as the UK’s economic recovery from Covid-19 continues, according to the Office for National Statistics.
-
7 Oct 20
As much as £26bn paid out under the government-backed Bounce Back Loan Scheme could be lost to fraud or default, according to the National Audit Office.
-
5 Oct 20
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.
-
2 Oct 20
The economic disruption caused by Covid-19 and Brexit could complicate the government’s “levelling up” agenda, according to the Institute for Fiscal Studies.