Almost all of the accelerated fiscal consolidation planned by the coalition government to the end of the decade is set to come from spending cuts, an analysis by the Institute for Fiscal Studies has...
County council areas received around one-third less than cities in the government’s latest £1bn funding round for local growth deals, an analysis has found.
Revenue Scotland, the new tax collection agency due to come into force in Scotland from April 1, is fully ready to take over, Scottish Finance Secretary John Swinney has told the UK Treasury.
Public sector borrowing in December was £2.9bn more than in the same month last year due to a controversial payment the government had to make towards the European Union’s budget, it has been...
It’s emerging as a key election issue, yet the proportion of Britons in low-paid work has changed little in 20 years. So what can be done to tackle the barriers to improving poor pay, in both the...
The UK’s unemployment rate has fallen below 6% for the first time in six years, according to figures published by the Office for National Statistics today.
Over 8 million UK families with children – more than one third – now have less than they require for a socially acceptable standard of living, according to the Joseph Rowntree Foundation.
Cities in the south of England accounted for over 90% of UK’s job growth in the last decade, according to the think-tank Centre for Cities’ annual Cities Outlook.
Chancellor George Osborne has proposed a new fiscal rule that would require the Treasury to run a surplus unless the Office for Budget Responsibility has judged the economy to be facing abnormal...
Northern Ireland’s politicians have been told that they will be given control of corporation tax before May’s general election if they push on with agreeing the budget and implementing welfare...
Deputy Prime Minister Nick Clegg has signed a growth deal for the Greater Birmingham and Solihull local enterprise partnership, which includes funding to maximise the benefit of the proposed High...
Chancellor George Osborne has set out government plans to boost economic growth in the North West of England to the wider UK rate, which would generate an extra £18bn and put another 100,000 people...
Government policies need to adjust to the ‘new normal’ of an increasingly self-employed workforce, the Institute for Public Policy Research has argued.
Government borrowing will need to fall by more than a quarter in the rest of the current financial year in order for Chancellor George Osborne to meet the latest public sector borrowing target, an...
Cities should be given greater financial incentives to tackle poverty by being allowed to retain more of the savings made from cutting unemployment, the Joseph Rowntree Foundation has said.
The Sheffield city region has agreed a devolution deal with Whitehall that will give the combined authority more power over economic development, transport, skills and housing, Deputy Prime Minister...
Spending cuts on a ‘colossal scale’ are being made in a bid to get the public finances into balance by 2018/19, the Institute for Fiscal Studies has said.
The government will create a sovereign wealth fund for the North of England so that shale gas revenues in the region can be used to invest in its own economic growth, George Osborne has announced.
The government has pledged that reforms to the system of business rates initiated by George Osborne in the Autumn Statement will not impact on the finances of local authorities.
The government has published details of a £15bn road investment plan to fund more than 100 improvement schemes as part of a tripling of spending on highway upgrades to 2020.
