Public sector borrowing for the financial year-to-date is at its lowest level since 2008, according to the latest figures from the Office for National Statistics – but inflation has now...
The employment rate remained at a record high of 74.6% for the three months to January 2017, latest figures from the Office for National statistics have shown.
The chancellor combined moves to relieve short-term pressures in the public sector with measures to encourage long-term stability, while staying tight-lipped on social care funding
Hiking up national insurance contributions for the self-employed is a “sensible” change to taxation but not enough, says the Institute for Fiscal Studies.
This was a “warm-up” Budget, with many key decisions deferred, delayed or scheduled for review. The chancellor may yet regret this lack of decisiveness
This Budget saw the chancellor tell MPs about some improved economic forecasts. However, the broad outlook remains uncertain – and Brexit didn’t even merit a mention
Chancellor Philip Hammond welcomed a more optimistic immediate outlook for the economy and public finances as he revealed the latest Office for Budget Responsibility economic forecasts.
Combined authorities should be given greater power over spending on services to create a more equal UK economy through ‘social contracts’, according to the final report of the Inclusive...
Facts and figures from the March edition of Public Finance magazine on rising inflation, public support for greater health spending and the spike in rough sleeping
The government’s industrial strategy green paper recognises that intervention is needed to rebalance the economy, but downplays a hands-on role for the state and the loss of EU funds
Britain’s tax laws are biased in favour of the self-employed and should be reformed to enable greater investment in people instead of buildings and machines, the LSE Growth Commission has said.
The chancellor can expect borrowing figures to be lower than expected when the Office for Budget Responsibility makes its forecast ahead of the spring Budget, the EY Item Club has said.
The number of people in work in the UK continued to grow in the three months to December 2016, although the rate of increase has slowed, official figures have shown.
The rise in zero-hour contracts and poorly paid self-employment costs the Treasury £4bn annually in lost tax revenue and in-work benefit payments, the Trades Union Congress has said.
Facts and figures from the January/February edition of Public Finance magazine on the cost of Brexit, the plight of the “Jams” and the refurbishment of Buckingham Palace
Mandating public sector organisations in England to take on at least 250 apprentices every year is not an efficient way to boost skills in the sector, the Institute for Fiscal Studies has warned.
Forging a trade deal with the European Union must be Britain’s top priority in negotiations, because the bloc is the largest export market for 61 of 62 of the nation’s cities, a think-tank has said.
When Britain leaves the European Union, our skills shortages will be laid bare. In order to prosper post-Brexit, we must offer training in areas that employers actually value
The West of England City region has enjoyed a strong economic recovery, however gains are at risk of being offset by rising rents and house prices, according to the Resolution Foundation.
The UK economy grew by 0.6% in the final three months of 2016, on par with the two previous quarters, according to provisional estimates from the Office for National Statistics.