Central government has failed to give local authorities enough clarity over long-term funding during the coronavirus pandemic, according to a report from the Public Accounts Committee.
Bank of England chief economist Andy Haldane has suggested negative interest rates could be implemented if further negative shocks are felt in the economy.
Local authority borrowing continued to rise in June to £3bn, £100m more than in May, and ten times higher than the figure for June 2019, according to figures from the Office for National Statistics.
Half of new jobs by 2030 will be green, Record GDP fall in April, Global economy to plunge into worst recession since Second World War- all in Numbers Game from the July 2020 edition of Public...
The government will need a plan to manage its Covid-related debt in place by the autumn, according to former permanent secretary to the Treasury, Lord Macpherson.
The government has announced it is to allocate £1.57bn in grants and loans to museums, galleries, theatres, independent cinemas, heritage sites and music venues, in a bid to offset the financial...
Council investment in land and buildings has dropped for the first time since 2011-12, according to data from the Ministry for Housing, Communities and Local Government.
Tuesday’s government announcement of infrastructure improvements will lead to more than £3bn extra spending this year relative to the Budget, according to the Institute of Fiscal Studies.
The UK will need a job protection scheme to respond to the highest unemployment since the early 1990s, according to a report from think-tank the Resolution Foundation.
The Whitehall-centred model of government allowed the UK manage its overseas empire but is a barrier to reducing present-day internal regional disparities, says Malcolm Prowle.
London mayor Sadiq Khan has asked GLA Group members to consider recruitment freezes, spending cuts and the use of reserves as he seeks to deliver £500m of savings due to the financial hit from Covid-...
Northern Ireland’s economic recovery from Covid-19 is predicted to be a “long-term endeavour” and likely take longer than the rest of the UK and Ireland, according to a report from think-tank Pivotal...
The government should raise the rates of legacy benefits to remove unfair disparity in comparison to Universal Credit, a report from the Work and Pensions Committee has said.
Former chancellor Sajid Javid has urged the government to review the current tax system to help reinvigorate the economy in light of the Covid-19 pandemic, including cutting employers’ National...
Virtual working and the reallocation of workers to new roles has given Durham County Council’s staff a better understanding of how their council operates, according to John Hewitt, corporate director...
Ministers have been called to temporarily relax the borrowing rules for local authorities to cover-day-day spending, according to a report from the Institute of Fiscal Studies.
England’s largest councils could be forced to make “large-scale reductions” in services in order to set legal budgets this year, according to a report from the County Councils Network.
Calls have been made for the government to issue immediate help to more than one million people who have “fallen through the gaps of coronavirus support schemes”, according to a report by the...
Spelthorne Borough Council has been thrust into uncertainty after leader Ian Harvey and five other members decided to leave the Conservative Party and form a new political group.
Three councils in the North-West of England are to press on with the development of a community bank to help tackle financial inequality in the region, after the green light was given by the...
