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.
Kwasi Kwarteng’s hastily rewritten speech at the Conservative Party conference was packed with mentions of growth and the need to bring down the UK tax burden, but commentators have expressed concern...
The Treasury has said the forecast it will receive from the Office for Budget Responsibility in October will not be published until late November, resisting calls to release it earlier in an attempt...
The government is likely to make tens of billions of pounds of spending cuts in the next few years to meet its fiscal targets, following its market-spooking package of tax cuts, a panel at a think-...
An attempt to calm the market reaction to the government’s tax cut announcements illustrates the “bind” facing the Bank of England, an analyst has said, as the central bank commits to buying UK...
The government’s ‘Growth Plan’ risks weakening public finances, worsening inequality and leading to the Bank of England aggressively raising interest rates, major international institutions have...
