The International Monetary Fund has backed Chancellor George Osborne’s economic strategy this morning, but warned that the level of government borrowing remains one of the main risks to the UK’s...
Transport secretary Patrick McLoughlin has reiterated government support for airport expansion in the southeast of England but delayed a decision on where to build a new runway until next summer.
The business rates system is hindering development and reforming it could boost the economy by £1.75bn and create almost 4,000 jobs over the next five years, the British Property Federation has...
Councils, local enterprise partnerships and businesses from across the Midlands have today set out a joint plan to boost the region’s economy, which is to be supported by £5m of government funding.
UK pension reforms may well fall down in practice unless the economy and employment levels stay strong, the Organisation for Economic Cooperation and Development has warned.
Austerity will continue and both significant public sector cuts and some radical reforms lie ahead, the Institute for Fiscal Studies said in its analysis of yesterday’s Autumn Statement and...
The Office for Budget Responsibility increased its forecast for government borrowing this year due to the reclassification of housing associations as part of the public sector, but has predicted a...
Facts and figures from the December 2015 edition of Public Finance magazine, including pay growth, Bank of England forecasts, international health provision, student satisfaction, and refugee numbers.
The quality of public services is set to “plummet” if George Osborne continues with his plans to cut spending, a report by the Trades Union Congress has warned.
Milton Keynes is a leader in housebuilding, job creation and population growth, but these trends are not without challenges for council chief Carole Mills
Unemployment fell by over 100,000 in the third quarter of the year with the total number of people out of work at its lowest level since the three months to July 2008, the Office for National...
The chancellor’s decision to fully localise business rates signals a shift to a mode of civic entrepreneurialism that will leave local authorities fending for themselves and at the mercy of...
The UK’s economic growth rate slowed in the third quarter of 2015 to 0.5%, down from 0.7% in the previous three months, the Office for National Statistics has found.
How business rates decentralisation will work needs clarifying – especially for high-need councils – and the chancellor should remember Robert Maxwell when reforming pensions
Chancellor George Osborne has signed devolution agreements with combined authorities in the North East and Tees Valley regions of England that will see both led by directly-elected mayors and nearly...
A round-up of facts and figures from the November 2015 edition of Public Finance, looking at the living wage, apprenticeships versus degrees, the productivity puzzle and Brexit opinions
Seven councils and two local enterprise partnerships have formed a new development zone intended to boost development around the route of the proposed High Speed 2 rail line.
Read the Autumn 2015 edition of PFI Magazine, featuring interviews with the World Bank’s Arumna Oteh and newly appointed IPSASB chair Ian Carruthers, plus a cover feature examining the finances of...
