Local Enterprise Partnerships (LEPs) will receive £375,000 funding from central government this year, as bodies prepare plans to merge with combined authorities.
We are living through uncertain economic times. This week, a group of chief investment officers gathered to discuss some of the main global issues which are likely to impact their decisions in coming...
The government’s white paper fails to address structural reasons for regional inequalities, while offering a a mish-mash of policies and less money than numerous previous initiatives, writes Neil...
The government lacks evidence on whether billions of pounds of funding over the last decade supporting local growth has had the intended impacts, according to the National Audit Office.
The Bank of England is widely expected to increase interest rates for the second time in two months this week as it continues to try to get inflation under control.
Extra cash will help councils revive their town centres, but targeting it effectively – not least on improving the built environment – is crucial for sustained success, says Nigel Wilcock.
The Bank of England has raised the cost of borrowing for the first time since the onset of Covid-19 despite fears of the Omicron variant slowing the economy, citing worries about inflation.
The Bank of England must not delay raising interest rates despite the economic risks around the Omicron variant of Covid-19, the International Monetary Fund has said.
The UK’s “rapid” economic recovery after lockdowns and the government’s efforts to cut the deficit following the large Covid-19 support schemes have led to rating agency Fitch affirming its judgement...
The Office for National Statistics is helping drive forward international efforts to help governments go ‘beyond GDP’ in measuring human progress, says Richard Heys.
The Bank of England’s base rate will remain at its all-time low of 0.1% after the Monetary Policy Committee voted to hold fire on an increase – despite predicting inflation will reach 5% next Spring.
Chancellor Rishi Sunak unveiled a new set of fiscal rules in his second Budget, in a bid to reduce the public debt after the huge level of borrowing undertaken in response to Covid-19.
