The government needs to come up with support that could offset the impact of rising inflation on high street retailers and their customers, according to a big four accounting firm and the Joseph...
Rising materials prices and numerous supply chain challenges mean public sector bodies may have to pick up the slack – or risk delays to infrastructure projects.
The government is “playing catch up with inflation” and will need to rapidly step up its support package for households just to keep pace, although many people will still be much worse off, the...
The government will need to give departments an additional £44bn in the coming years as inflation eats into budgets, an economist at the Institute for Fiscal Studies has said.
A programme of a similar scale to the unprecedented Covid-19 employment scheme might be necessary to keep rising energy bills from pushing millions of people into financial desperation, according to...
The Bank of England has pushed interest rates up by their biggest jump in 27 years, predicting further rampant inflation and a coming economic recession, and analysts think there are...
Increased service demand and soaring inflation have created a “perfect storm”, according to the finance director of an English county council forecasting a medium-term funding gap of up to £200m a...
Conservative leadership candidates have spent much of the past two weeks talking about their ideas of tax cuts, but a senior International Monetary Fund official has warned it could be economically...
The London Borough of Croydon has pledged to carry out a deep dive into its finances to get a greater understanding of the risks it faces as it attempts to improve its long-term stability.
Councils in England will need to tighten their budgets and prioritise spending on core services as inflation piles pressure on resources, a Treasury minister has warned.
Rising prices and wages have been tipped to cost councils an additional £3.6bn in two years’ time, putting pressure on authority budgets and risking the need for them to cut services.
The UK’s largest teaching union has said it will be “strongly encouraging” its members to vote for strike action if the government does not meet its demand for an above-inflation pay rise for all...
The three major unions representing council workers in England have requested a “substantial pay rise” this year to help mitigate the impact of soaring inflation on their members.
Public bodies could find it difficult to retain senior staff if the decade-long trend of sharper pay reductions at the top of the sector continues, an expert has warned.
Council workers in Scotland look increasingly likely to take industrial action if demands for a larger pay rise amid high inflation are not met, according to a union official.
An English city council expects a multi-million-pound funding gap in its 2022-23 budget, partly fuelled by rampant inflation and social care pressures.
