The UK is heading for a £14.9bn deficit by 2019-20 instead of the £10.4bn surplus projected at the last Budget, according to an analysis of the public finances by the Institute for Fiscal Studies.
The UK economy will slow down in 2017, with the triggering of the Article 50 process to leave the European Union among the risks to growth, an analysis from the National Institute of Economic and...
Economic growth fell in the first three months following the UK’s vote to leave the European Union, according to data published by the Office for National Statistics – but the preliminary...
Chancellor Philip Hammond faces a sharp deterioration in the public finances in his Autumn Statement, but could still increase investment if he delivers his promised fiscal ‘reset’, the...
The fall in the value of the pound has created a hole in the EU’s budget for next year, according to the chief negotiator from the European Parliament.
Public borrowing was £10.6bn in September – an increase of £1.3bn compared to the same month in 2015 – exceeding Office for Budget Responsibility forecasts and adding to the...
The Local Government Association has criticised Sajid Javid’s decision to overrule a local planning decision to give the go ahead to a horizontal fracking scheme in Lancashire.
The government is to create a £3bn housebuilding fund and directly commission homes on public sector land as part of plans to build more than 25,000 new homes before 2020, ministers have said.
Labour would scrap Work Capability Assessments and the sanctions system for jobseekers as part what shadow work and pensions secretary Debbie Abrahams called a plan to change the culture of the UK’s...
Shadow chancellor John McDonnell has set out a plan for a network of regional development banks that would move major investment decisions out of Whitehall and into regions and localities.
Cities in the UK are lagging behind their European counterparts in terms of productivity, skills and innovation, which will harm the country’s competitiveness in a post-Brexit world, a report has...
The OECD has slightly revised up its growth forecast for the UK in 2016 despite what it said was the “extremely high” uncertainty of the impact of the vote to leave the European Union.
The G20 did not make strong enough commitments towards rebuilding public trust and integrity in government and public sector institutions, IFAC chief executive Fayez Choudhury has told PF.Read more...
Trades Union Congress general secretary Frances O’Grady has urged the government to ensure that high quality jobs in Britain are protected following the vote to leave the European Union.
The Department for Education lacks a “clear rationale” to explain how an increase in apprenticeship numbers would benefit national productivity, according to the National Audit Office.
A £500m investment boost for the Scottish economy, more cash for education and health alongside plans for public services reform have been set out by Scottish first minister Nicola Sturgeon today.
The UK will be a global leader in free trade once it leaves the European Union, Theresa May pledged as she started exploratory talks on trade deals at the G20 summit in China.
Arts and culture are often early victims of council cuts. However, many authorities are now wising up to the fact that cultural activities can be sound investments, bringing economic benefits and...
The number of UK families living in extreme debt has risen to more than one million due to stagnant wage growth, including in the public sector, research published by the Trades Union Congress and...
In such a data-rich world, how can the public trust government figures? Ed Humpherson of the UK Statistics Authority talks to PF about his plans to improve regulation and champion professional...
The value of knowledge exchange between UK universities and their partners in business and the public sector was £4.2bn in 2014-15, a report has shown.