As the Audit Commission prepares to leave the stage, its current controller reviews the public sector watchdog’s achievements over more than three decades – and the challenges to come before it takes...
Securing value for money from the government’s Regional Growth Fund hinges on Whitehall improving the examination of bids for public funds, the National Audit Office said today
Public sector borrowing is on course to fall faster than forecast in 2013/14 despite a lower-than-expected surplus in January, the Office for Budget Responsibility has said.
The National Minimum Wage is no longer able to tackle low pay in the UK and must be reformed, with education, social work and residential care among the sectors where pay could be higher, an...
Chancellor George Osborne has warned that the UK’s economic recovery is not yet secure and pledged that his March 19 Budget will provide a boost to both investment and exports
Free or more affordable childcare would boost the number of mothers in the workforce and help reduce the gender pay gap, according to the Institute for Public Policy Research
Bank of England governor Mark Carney has updated the forward guidance that the bank will use to determine future interest rises, but analysts warned the changes meant the policy was now confusing
The government is on course to meet its target to take the public finances into the black by the end of the next parliament, the National Institute of Economic and Social Research said today.
Planned public spending cuts are less than half complete and government pledges made for the next parliament imply that even greater reductions will be needed beyond 2015, the Institute for Fiscal...
Just as growth returns, a new housing crisis is edging its way up the political agenda. So can Sir Michael Lyons put some flesh on Labour’s plans for a mass housebuilding programme that will help get...
London is driving the recovery, but other large UK cities should be contributing much more. They must be given the tools to grow their economies and respond to local circumstances
A currency union between an independent Scotland and the rest of the UK would require agreements on public spending that would amount to a ‘ceding of national sovereignty’, the governor of the Bank...
The UK economy grew by 0.7% in the last three months of 2013, the Office for National Statistics said today, taking the expansion for the year to 1.9% – the highest growth rate since 2007
Shadow chancellor Ed Balls has committed the next Labour government to running a surplus on current spending by 2020 and pledged to not increase borrowing for day-to-day spending.
Cities across the UK are falling further behind London and need to be given greater financial powers to grow alongside the capital, a report by the Centre for Cities has found today.
Public borrowing was £12.1bn last month, £2.1bn lower than it was in December 2012, according to Office for National Statistics figures published today
UK growth is set to reach 2.7% this year as consumer spending continues to recover following the economic crisis, the Ernst & Young Item Club has predicted today.
Chancellor George Osborne is likely to miss his target to double the value of UK exports to £1 trillion by 2020, the Public Accounts Committee has found.
Government calls for the National Minimum Wage to rise to £7 an hour would improve the public finances through both lower benefit payments and higher taxation income, the Institute for Public Policy...
