Thirteen existing enterprise zones have been shortlisted to share a £100m fund for investment in their local economies and infrastructure, Communities Secretary Eric Pickles announced today.
Local government could face cuts of up to 12% in the forthcoming Spending Review if the government decides to lessen the pain doled out to the Home Office and Ministry of Defence, the Institute for...
Inward investment in Scotland last year was the second largest in the UK and the highest in 15 years, challenging claims that the independence debate would scare off foreign investors, according to...
London Mayor Boris Johnson has embraced the Travers commission proposals for increased financial autonomy for the capital. But will Whitehall, asks Vivienne Russell
Finance Minister Jane Hutt is marshalling Wales’ response to austerity. She talks to Public Finance about the Labour-led nation’s battle for new fiscal powers, and why she’s not...
After five years of downbeat and depressing press conferences, Sir Mervyn King actually sounded quite chirpy in his last hurrah as Bank of England governor
UK spending cuts planned for the next two years are ‘appropriate’, the Organisation for Economic Co-operation and Development said today. The international body also called for infrastructure...
The Office for National Statistics has revised down its estimate for UK public sector net borrowing in 2012/13 by more than £1bn, due to higher than expected tax income.
Plans to create a government-backed business bank are part of moves to ‘shift’ lending to firms away from conventional financiers, Business Secretary Vince Cable said today.
The National Audit Office has today slammed the Department for Transport’s ‘unclear’ business case for the High Speed 2 rail line, warning that the scheme faces a £3.3bn funding gap.
The UK economy would be boosted by as much as £100bn a year if the country’s transport and energy infrastructure matched standards in Europe, the Centre for Economics and Business Research said today.
The UK economy is set to avoid any further contraction throughout the rest of this year as the recovery moves from flat output to consistent growth, the CBI said today.
The Treasury’s plan to cut public sector pension costs by raising staff contributions has been stymied by workforce cuts and a related surge in early retirements
The Commons transport select committee has supported the expansion of Heathrow airport, saying proposals for a new airport in the Thames estuary would require ‘huge’ taxpayer investment.
Reforms to local government finance mean councils will be increasingly dependent on economic growth to fund services, which could put further pressure on areas such as adult social care, the Centre...
Spending on arts and culture generates a higher return per pound than investments in health, wholesale & retail trade and professional services, according to research published today.
The government should simplify planning regulations further to boost private sector housebuilding and construction, according to the Centre for Policy Studies.
The UK has yet to make a ‘sustained recovery’ from the financial crisis as economic output has been flat for more than two and a half years, an analysis by the National Institute of Economic and...
It’s all change at the Bank of England with a new governor about to take over the reins and a revised remit from the chancellor. So can Mark Carney deliver, asks James Zuccollo
