Chancellor George Osborne has today been urged to block attempts by the state-owned Royal Bank of Scotland to increase the level of bonuses it can pay employees
Councils in the north of England should receive a funding increase if they succeed in boosting local employment under new agreements with government, a think-tank has said.
The UK’s economic recovery could prove unsustainable unless both low levels of business investment and high levels of unemployment are addressed in 2014, the chief economist at the Institute for...
The government has been urged to provide extra funding to councils that experience an increase in the local population once European freedom of movement restrictions on Romanian and Bulgarian workers...
The Office for National Statistics has today revised up its public sector borrowing estimate for the financial year so far by £2.6bn, meaning the government’s deficit reduction plan only saved £1.9bn...
Plans by the Chancellor to finance 30,000 new university places by selling off the student loan book are worse than economic nonsense. They are based on flawed thinking and flawed accounting
The number of people unemployed has fallen to its lowest level in more than four years, as the total in work passed 30 million for the first time, the Office for National Statistics said today
Lurking under treacherous public spending waters is an iceberg of off-balance sheet costs and other hidden debts. Future generations will have to pick up the tab
Government policies to support local economic growth such as the creation of local enterprise partnerships and City Deals may not be value for money, the National Audit Office has warned.
Today’s Autumn Statement was more like a mini-Budget. What it shows is that the chancellor’s ultimate aim is permanently to roll back the frontiers of the state
The UK public finances will be in surplus by 2018/19, Chancellor George Osborne said today as he revealed a host of upward revisions to the Office for Budget Responsibility’s fiscal forecasts
The Treasury has doubled its target for receipts from the government’s privatisation programme to £20bn by 2020, with the taxpayer stake in Eurostar among the assets now likely to be sold
The Treasury has been urged to set out more details about the development of a host of infrastructure projects in this week’s Autumn Statement as part of efforts to raise private finance to pay for...
A return to economic growth will bring no relief for the public sector. Crushing austerity is here to stay for at least a decade, whoever is in office. So what will this vice-like grip on the...
Business leaders have urged Chancellor George Osborne to stick to his deficit reduction strategy despite improvements in the economy, warning that the job of cutting spending is ‘only half done’.
Economic growth and quality of life in a host of regional cities is outstripping London as the capital ‘pays the price’ due to its problems with transport congestion, housing affordability and income...
Recent good news on the jobs front should not obscure the fact that real wages have been falling for at least four years. Overall, the wage squeeze has created a lost decade for pay
Unemployment fell below 2.5 million in the three months between July and September, figures from the Office for National Statistics have revealed today.
Deputy Prime Minister Nick Clegg has revealed details of a £950m investment plan for Southampton and Portsmouth as part of a devolution deal between the cities and government.
The National Institute of Economic and Social Research has revised up its growth projections for the UK economy this year and next, driven by an increase in consumer spending.
The UK economy grew by 0.8% in the three months to the end of September, the largest increase in more than three years, figures from the Office for National Statistics have revealed today
Public sector borrowing for the current year looks set to undershoot the Office for Budget Responsibility’s forecasts, according to public finance figures released today
