Stormont’s departmental spending will exceed UK government funding by £660m in 2022-23 putting the devolved administration’s finances at risk, amid the lack of a formal budget, according to finance...
A senior Conservative MP has suggested the government should row back on more of the tax cuts outlined in last month’s Growth Plan to “reassure the markets” after weeks of turbulence.
Ministers are set to introduce a cap on renewable energy revenues, aiming to “reduce the impact of unprecedented wholesale prices on consumers” in a move labelled a windfall tax by Labour.
Staff at Liverpool City Council will target improvements to contract management and governance, after an independent report criticised a “fragmented, overly complex and poorly understood”...
Shropshire Council must “radically change” its passive approach to ensure it can meet the financial challenges it faces, a peer review from the Local Government Association has found.
An Office for Budget Responsibility forecast will be published this month as the chancellor listens to calls not to delay its publication until he announces his medium-term fiscal plan in late...
Leicester City Council is set to place three office buildings for sale or lease after the rise of hybrid working left the properties surplus to requirements.
The public sector could be set for an exodus of workers if the government fails to compensate departments for higher-than-expected pay offers, according to economists at the Institute for Fiscal...
The battle between Scotland’s police officers and their employers has ended with a 5% deal – bringing them into line with other public sector pay deals.
Cutting the aid budget during the Covid-19 pandemic was “not a good signal” to the UK’s partners around the world, the Conservative Party conference was told.
LGPS funds should keep an eye on developments as the country, and the world, move towards net zero, writes Iain Campbell, senior investment consultant at Hymans Robertson.
Levelling up secretary Simon Clarke has fired a warning signal to councils that there will be “consequences” for perceived mismanagement following a series of high-profile government interventions.
Income tax bands not rising in line with inflation will eclipse the benefit households might expect from tax cuts, meaning the government is effectively “giving with one hand and taking with the...
The soaring cost of living combined with a decade of austerity could see up to a sixth of English councils fully deplete their reserves in 2023-24 without substantial spending cuts, experts have...
The “large and unfunded fiscal package” announced by Kwasi Kwarteng last month has been cited as one of the main reasons ratings agency Fitch cut its outlook for the UK’s credit rating to “negative...
Crisis-hit Thurrock Council has been given permission by the government to borrow almost £840m from the Public Works Loan Board to repay finance from other local authorities.
People on benefits face “crushing poverty” if payments are not increased in line with inflation, Kwasi Kwarteng has been told, amid concerns the government could refuse to do so.
