Treasury
Treasury in property tax rethink
Chancellor Rishi Sunak is believed to be rethinking property taxes – including council tax and business rates – in a bid to balance the books post-COVID.
Spending review: Rishi delivered what we needed, stability
In a time of financial uncertainty, the chancellor's Spending Review delivered basic stability. Now county councils need to be at the heart of levelling up, says Cllr David Williams
Sunak unveils a Spending Review for jobs, public services and infrastructure
Chancellor Rishi Sunak has unveiled a £4bn levelling up fund as part of a Spending Review which he claimed offered ‘huge investment’ in jobs, public services and infrastructure.
Sunak to re-write Green Book to level up the North
Chancellor Rishi Sunak is expected to announce plans to re-write the Green Book in the spending review this week, as part of the Government’s commitment to levelling up.
HOUSING: You get what you give
Localis chief executive Jonathan Werran asks what the inability to deliver a multi-year finance settlement means for housing recovery.
Cities issue stark finance warning
The Core Cities have written to the Government, warning they face Section 114 notices unless the gaps in funding are addressed.
Chancellor announces new support package for businesses
The chancellor Rishi Sunak has increased support for workers and jobs hit by tougher COVID-19 restrictions following a barrage of protests from businesses, particularly those in Tier 2 areas.
Where are the homes this winter?
COVID has shown we need even more affordable housing and further government initiatives to tackle rising levels of homelessness made worse by the pandemic’s economic impact, writes Robert Pollock.
Finance that’s fit for the future
If we had a more mature central and local governance relationship we could consider a more enduring settlement that enshrines the diversity and sustainability of local government finance, says Jessica Studdert.
What’s the recovery position?
The chancellor has opened the door to a less generous funding settlement for public services, but will he end up turning his back on a slash-and-burn approach? Martin Ford reports.
Most councils will find a way to balance their books
What the sector will be announcing in the coming months are cuts to spending plans, says Tony Kirkham - meaning reduced services and jobs at the time when they should be supporting people and businesses.
Investing in people’s futures now
Disappointed not to have been given a nod last week in the chancellor’s summer statement? Sir Bob Neill says it should be seen as a prologue to the autumn Budget.
OBR issues warning on soaring care and council costs
Soaring costs for adult social care along with indebted local authorities struggling to balance their budgets post-virus are among the key risks to the Government's spending plans warns the Office for Budget Responsibility (OBR) today.
Chancellor confirms £2bn jobs scheme for young people
Chancellor Rishi Sunak has announced a £2bn ‘kickstart scheme’ for jobs to prevent an entire generation of young people being ‘left behind’.
Chancellor unveils his three-part plan for jobs
Chancellor Rishi Sunak has announced the next phase of his plan to ‘protect, support and retain’ jobs in the aftermath of the coronavirus pandemic.
Think tank calls for £200bn rescue package from Sunak
Chancellor Rishi Sunak should announce a targeted £200bn fiscal stimulus package in his statement tomorrow equal to 10% of GDP to aid the economic recovery says think-tank the Resolution Foundation.
Sunak set to unveil green investment plans
Plans to rebuild the economy with green investment are set to be launched by Chancellor Rishi Sunak in his summer statement tomorrow.
Ministers urged to invest in West Midlands
Ministers have been urged to inject £3.2bn over the next three years into the West Midlands economy to offset the impact of the pandemic.
Javid urges reorganisation and devolution post-COVID
Council tax reform and local government reorganisation should both play a part in the post COVID economic recovery, former communities secretary Sajid Javid has said.
Jenrick will be judged on his weight with the Treasury
Planning approval is not the biggest issue for local government at this moment, says Heather Jameson. The impact communities secretary Robert Jenrick can make with the help of the Treasury probably is. She adds: 'Just how much clout does he have?'
