A no-deal Brexit would be likely to push the UK into recession next year and mean 2% less growth, according to an umbrella group for developed countries.
The Scottish Government’s borrowing powers are likely to come under increasing pressure due to the volatility inherent in the fiscal framework, MSPs have heard.
Ambiguity over the future of European structural funding post-Brexit has left economic development in Scotland, which benefits to the tune of €872m across the seven-year EU budget period, in an...
Local government currently has no certainty over funding and must ensure political parties see giving it greater control over its finances as a manifesto issue, says Localis’ Jonathan...
Scotland’s net fiscal balance has improved slightly on last year, with an increase in revenues outstripping a rise in public sector expenditure, according to the latest figures.
Confidence in UK public finances has taken a hit as the latest data revealed a smaller than expected budget surplus last month following a sharp rise in borrowing.
The one-year ‘Spending Review’ announced last night by chancellor of the exchequer Sajid Javid must make local government a “top priority”, according to bodies representing councils.
Weak consumer and business confidence fuelled by Brexit uncertainty is likely to hamper growth in Scotland in the coming months, with a fragile start to the year suggesting slow growth in the global...
A local income tax would be better than a tourist tax in raising revenue locally for councils, the Institute for Fiscal Studies associate director David Phillips said this morning.
District councils are juggling a host of financial challenges as they face greater spending commitments at a time when funding is falling and when many of the challenges on the horizon are ‘unknowns’.
Some argue Jeremy Corbyn is too unpopular to be elected into number 10 but that ignores that everyone is unpopular at the moment, professor of politics Matthew Goodwin points out.
There was a time when local markets were stalling, but local councils are starting to recognise that they could offer a way to boost a local economy and reverse high street decline. Kim Thomas...
A think-tank has warned most forms of Brexit will damage the UK economy - while the Office for National Statistics has predicted borrowing will increase this financial year.
Schools cannot be expected to address the problems disadvantaged children face on their own - it’s down to society too, says education secretary Damian Hinds.