Lending between councils has dropped as councils look to keep hold of cash due to concerns over the coronavirus pandemic, according to treasury adviser Arlingclose.
No self-respecting minister in the Boris Johnson’s new administration would dare deliver a speech without referring to ‘levelling-up’. But what does the buzz-phrase actually mean and what financial...
Rishi Sunak has expanded the 100% business rates holiday to all leisure, retail and hospitality businesses, as he updated the Treasury's coronavirus package.
Public sector net debt is forecast to rise by £125bn or 4.6% of GDP, as government embarks on the largest spending increase since 1992, according to the Office for Budget Responsibility.
Rishi Sunak hinted at a coming change to the government’s fiscal rule, promising to report back to parliament in the autumn after consulting with experts on how extra spending could boost the economy.
Chancellor Rishi Sunak has announced plans to remove business rates for small businesses this year, as part of a £12bn package to tackle the economic impact of coronavirus.
Government departments have reported £92m in 'fruitless payments' and 'constructive losses' relating to Brexit, according to a report by the National Audit Office.
Tenants have received discounts of almost £5bn to help purchase council house properties since the raising of right to buy discounts in 2012, according to the Local Government Association.
Almost half of councils overspent on their adult social care budget in 2018/19, while 82% of councils overspent exceeding their financial plans for children’s social care, according to research from...
Chancellor Rishi Sunak has been warned he will have to reassess the plans his first Budget, in response to the economic disruption caused by the spread of the coronavirus.
The National Audit Office research suggests the Ministry of Defence’s Equipment plan is still unaffordable, with the department estimating that costs will be £2.9bn higher than its budget...
Chancellor Rishi Sunak must either raise taxes or abandon the government’s fiscal rules if he wants to avoid continuing austerity, a leading think-tank has warned.
Revised Office for Budget Responsibility forecasts show that Britain’s deficit is likely to be £20bn higher in each year to 2023-24 than was projected in March 2019.
UK GDP failed to grow in the three months to October because of falls in the manufacturing and construction industries, according to data released by the Office for National Statistics.
