Inflation could run above the Bank of England 2% target going into 2023, as supply shortages led to CPI spiking this year, according to ratings agency Standard and Poor’s.
Government borrowing in the financial year to date is around 25% lower than previously forecast, as the Covid-19 recovery continues, according to the Office for National Statistics.
The Bank of England has signalled it could tighten its monetary policy slightly faster than had been expected as the recovery from Covid-19 gets underway and inflation continues to run above its 2%...
After prime minister Boris Johnson spoke of ‘catch up ketchup’ in his detail-light ‘levelling up’ speech in Coventry, Localis head of research Joe Fyans asks if devolution and local leadership can...
The government has failed to budget for £30bn of additional costs resulting from Covid-19 over the next three years, according to the Office for Budget Responsibility.
David Good and Patricia Andrews Fearon from the University of Cambridge explain how a ‘zero-sum’ approach can hamper an organisation’s ability to flourish.
Ratings agency Fitch has raised its outlook on the UK after its better-than-anticipated response to the ongoing challenge of Covid-19 since the start of the year.
CIPFA chief executive Rob Whiteman introduces a new collection of essays by leading sector figures on the government’s flagship economic policy, published by PF and CIPFA.
Productivity gaps between different regions of the UK are deep-rooted but reversible – with a significant amount of investment from central government.
Education and skills can play a fundamental role in reducing inequality – but the benefits of investing in schools and training go far beyond job creation.
Reduced net migration to the UK due to Covid-19 and Brexit could create further pressure on local government finances, according to ratings agency Moody’s.
The UK economy shrank by 1.5% in the first three months of this year, although GDP started to recover as Covid-19 restrictions were eased, according to the Office for National Statistics.