The UK economy grew by just 1% last year, less than half the rate in 2010, according to figures published today by the National Institute of Economic and Social Research.
Demand for public sector staff in the UK continues to collapse and is now only a third of the level recorded two years ago, according to a monthly job market survey.
The UK economy faces a ‘bleak’ 2012 as the eurozone crisis and a lack of domestic demand combine to leave it on the brink of recession, the Institute of Public Policy Research said today.
The current financial crisis is just the start of the problems facing Western economies. ‘Normal’ levels of GDP growth might never return, as a result of climate change, an ageing population,...
When the financial crisis began, governments focused on cutting spending to reduce their debts. Now attention is turning to the other side of the coin – raising revenue. Tax collection is the new...
Twelve times more public sector jobs were lost in the three months to the end of October 2011 than were created in the private sector over the same period, according to figures published today by the...
Prime Minister David Cameron has vetoed European Union-wide treaty change to address the eurozone crisis, explaining that the deal on offer ‘isn’t in Britain’s interests’.
Plans to give English cities outside London more power to raise funds, decide on infrastructure projects and develop new businesses and jobs have been announced today by the deputy prime minister.
The civil service has been protected from the brunt of the government’s spending cuts and as a result is making little effort to reform, councils are claiming
Income inequality has risen faster in the UK since 1975 than in any other member of the Organisation for Economic Co-operation and Development, the economic think-tank revealed today.
Public sector pay rises will be capped at 1% after the current pay freeze ends as the government does ‘whatever it takes’ to protect Britain from the European debt crisis, Chancellor George Osborne...
The UK economy is on course to enter a ‘double-dip’ recession in six months time, the Organisation for Economic Co-operation and Development warned yesterday.
As the eurozone crisis continues and sovereign debt soars, governments need to urgently reform their accounting practices. CIPFA’s chief executive, Steve Freer, calls for a collective effort across...
Labour leader Ed Miliband has branded the government’s economic strategy a ‘failure’ and called on Chancellor George Osborne to use next week’s Autumn Statement to ‘change course’ to deliver growth...
The government should use independent Office for Budget Responsibility advice to match planned spending cuts to the strength of the economy, a leading think-tank has said.
The UK's four children's commissioners have urged the government to reassess its spending plans, saying the cuts risk pushing more families into poverty.
Accountants across the world should step out from the sidelines and put pressure on governments to improve the quality of financial reporting, CIPFA chief executive Steve Freer has said.
