Fiscal loosening ‘initially protected most people from the impact of the recession’ but ‘now we face five years of paying for it’, Institute for Fiscal Studies director Paul Johnson told the CIPFA...
CIPFA members have a major role to play in the success of the government's deficit-reduction strategy, the new institute president told conference delegates this morning.
Japan's economy was in deep trouble well before the recent natural disasters struck. As it struggles to pick up the pieces, what lessons are there to be learnt from the country's 'lost decades'?
The American economy is hurting, and the pain is being pushed down to local government level. As debt rows rage on Capitol Hill, how are US cities and states trying to balance their budgets? PF...
Only half of public sector finance directors played a lead role in preparing their organisation for the impact of the Spending Review, according to a survey published today.
The International Monetary Fund today endorsed Chancellor George Osborne's deficit reduction plan, but cut its short-term growth forecast for the UK economy.
The Bank of England’s inflation forecasts have become ‘progressively less accurate’, leading to questions over the effectiveness of its interest rate setting, a think-tank is claiming.
Public sector borrowing in April hit a record £10bn for the month, a rise of £2.7bn over the previous year, according to provisional estimates from the Office for National Statistics.
The government has stolen some of the Institute for Fiscal Studies’ thunder by setting up the Office for Budget Responsibility. But there is still a big role for the institute's forensic analysis of...
Household incomes rose during the recession despite increases in unemployment, meaning the impact of the downturn on living standards has still to be felt, economists said today.
Councils should encourage volunteers to be on standby to help clear roads blocked by snow as part of attempts to boost the UK’s resilience to winter weather, MPs have said.
A second economic forecast within a week has cast doubt on the government's ability to meet its deficit reduction strategy, by predicting a slower than expected fall in borrowing of up to £4bn
