Councils have today been urged to become ‘social venture capitalists’ by contributing more funding towards regional developments that might have stalled following spending cuts.
The International Monetary Fund has backed the UK government’s plans to link the state retirement age to increases in longevity, warning that the costs of an ageing population could ‘threaten the...
The next generation of enterprise zones is now up and running, offering businesses tax breaks and planning freedoms, Communities Secretary Eric Pickles said today.
The British Chambers of Commerce said today that Britain would avoid recession, estimating that gross domestic product grew by 0.3% in the first three months of the year.
Ministers talk the talk on local financial freedoms. But without the right to vary both taxation and service levels, town halls will remain at the mercy of Whitehall
The forthcoming minimum price for alcohol should raise money for the Treasury instead of producers and retailers, according to a leading economic think-tank.
The interest rate cut for some local authority borrowing could scupper councils’ plans to issue bonds to raise funds for infrastructure projects, Public Finance has learned.
The Office for Budget Responsibility has revised its growth forecast for the UK this year up from 0.7% to 0.8%, but the eurozone remains a ‘major risk’ to its prospects, Chancellor George Osborne...
The government will work with cities to devolve decision-making powers and encourage the private sector in areas where the public sector dominates the economy, Chancellor George Osborne said today.
Public sector borrowing hit a record £15.2bn in February, £6.3bn higher than the same month a year ago, the Office for National Statistics revealed today.
Chancellor George Osborne has revealed that four large high street banks have signed up to the government’s £20bn scheme to boost lending to small businesses.
Chancellor George Osborne has been warned that a reduction in the top rate of income tax would be a ‘distraction’ from the stimulus measures that need to be taken to boost the economy.
