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23 Apr 20
The leaders of all six Oxfordshire councils have warned that the fallout from the coronavirus pandemic could leave some “financially unsustainable” – and urged the government to provide more funding.
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23 Apr 20
The Welsh government is making £33m available to councils to continue free school meals for children over the summer holidays.
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23 Apr 20
Government borrowing could reach as high as £300bn this year, due to the economic policies put in place to ease finances during the coronavirus pandemic, according to think-tank the Centre for Policy...
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23 Apr 20
Dundee City Council has warned that additional government funding to cover costs incurred as a result of the coronavirus crisis may not be sufficient.
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22 Apr 20
A group of more than 100 opposition politicians have called on the government to implement a universal basic income, in a bid to help ease finances post-coronavirus.
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21 Apr 20
Chancellor Rishi Sunak has unveiled a £1.25bn scheme to help start-up companies during the coronavirus pandemic.
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21 Apr 20
Economic output in Scotland could fall by a third as a result of measures to tackle the coronavirus pandemic, according to the latest government commentary.
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21 Apr 20
The Public Accounts Committee has launched an inquiry into local authority investments in commercial properties.
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20 Apr 20
Second-home owners in England could receive a share of millions of pounds of government coronavirus grants, according to real estate adviser Altus Group.
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17 Apr 20
The UK government has introduced new measures to give local authorities greater financial relief during the coronavirus pandemic.
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17 Apr 20
Chancellor Rishi Sunak has agreed an action plan with finance ministers of the G20 countries to help some of the world’s poorest nations.
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16 Apr 20
Economists have warned against the introduction of a universal basic income across Scotland as part of a knee-jerk reaction to the coronavirus pandemic.
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16 Apr 20
The UK government deficit could rise to as high as £260bn – about 12% of GDP – this financial year, as a result of the measures taken amid the coronavirus pandemic, economists at PwC have predicted.
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16 Apr 20
We don't yet know what will be needed to get over the effects of Covid-19, but we know those effects are going to be huge, argues CIPFA's new chief economist Jeffrey Matsu.
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15 Apr 20
The Office for Budget Responsibility has predicted UK GDP could fall by as much as 35% in the second quarter of this year, due to the coronavirus outbreak.
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9 Apr 20
The Treasury is set to extend its emergency overdraft from the Bank of England to help finance the fight against coronavirus.
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9 Apr 20
Chancellor Rishi Sunak has pledged a package of £750m to help charities with funding difficulties due to the coronavirus pandemic.
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9 Apr 20
Scottish GDP could contract by up to a quarter if coronavirus restrictions remain in place for three months, economists have warned.
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8 Apr 20
The UK government’s job retention scheme, aimed at saving jobs during the coronavirus pandemic, could cost up to three times the amount originally forecast, according to think-tank the Resolution...
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6 Apr 20
Universal Credit needs an “emergency boost” to ensure it can properly support people finding themselves out of work due to the coronavirus pandemic, the TUC has said.
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3 Apr 20
The government loans scheme for businesses struggling with finances due to the coronavirus pandemic has been revamped following criticism from industry bodies and unions.
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2 Apr 20
The government has been urged to get Universal Credit ‘battle ready’ for an unemployment ‘crisis’, after nearly one million people applied to receive UC benefits in just two weeks.
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2 Apr 20
Chancellor Rishi Sunak has confirmed the government is to waive duties and VAT on medical imports from outside the EU, in response to the coronavirus pandemic.
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2 Apr 20
The Debt Management Office is set to auction a record £45bn in gilts this month, in order to help finance the government’s response to the coronavirus pandemic.
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30 Mar 20
The UK’s credit rating has been downgraded to AA- from AA by credit rating agency Fitch, due to debt levels related to the coronavirus pandemic.