The June Spending Review is going to slice Whitehall’s funding cake so thinly that departments will be left fighting over the crumbs. So how are public services meant to cope, asks Tony Travers
The Treasury is to underwrite £75m worth of investment in the Drax Power Station in North Yorkshire in the first confirmed deal using government-backed funding guarantees.
The government has extended the Funding for Lending Scheme for a year and introduced extra incentives to encourage banks to lend to small- and medium-sized businesses.
Public sector borrowing in 2012/13 was £120.6bn, excluding special factors, down just £300m on the previous year, the Office for National Statistics has announced.
There is mounting criticism from the IMF of George Osborne's austerity programme. But endless moving of the goalposts has obscured the fact that his entire fiscal framework is not fit for purpose
The Local Government Association has today urged MPs to halt plans for a ‘free-for-all’ on home extensions that could have a negative impact on local communities.
An independent Scotland’s debt burden could shrink to around half the current UK level if it were credited with historic North Sea oil revenues, the Scottish Government has claimed.
The first phase of the government-backed British Business Bank has been launched with a pledge to provide £300m of support to small- and medium-sized firms in the first round of investments
Councils in the North of England should issue a collective municipal bond to raise funds for capital projects, the Institute for Public Policy Research said today.
Plans to establish Community Budgets across England have taken a step forward after the government wrote to councils offering help to pool local funding across the public sector.
Competing calls to increase growth and further reduce spending and taxes resulted in a Budget that was ‘muddling through at best’, Jonathan Portes told CIPFA's World-Class Performance Symposium.
Government support worth more than £130bn is to be made available to help people buy a home, Chancellor George Osborne announced in the Budget statement.
The UK economy is expected to grow by just 0.6% this year as the ‘very challenging’ global situation continues to weigh down its performance, Chancellor George Osborne said today.
Whitehall funds for training, housing and transport are to be devolved into single cash pots for Local Enterprise Partnerships, ministers announced today in their response to the Heseltine growth...
Small firms are unenthusiastic about councils’ new power to levy supplementary business rates for local projects, believing it will not make a difference to local economies, a survey has indicated.
