Scotland’s finance secretary has been accused of killing off proposals in Holyrood to give a financial watchdog far greater powers to scrutinise his spending and borrowing plans.
The 10 years between 2010 and 2020 are set to be the worst decade for pay growth in almost a century, and the third worst since the 1860s, according to new research.
George Osborne has received a second pre-Christmas setback after official figures showing a a stuttering performance by the economy in the months following the general election put the government’s 2015 growth forecast at risk.
The Treasury’s independent forecaster has conceded there are big uncertainties in its predictions for higher tax revenues after the chancellor used the prospective windfall to justify a softer pace of cuts in his autumn statement.
George Osborne’s plan to enshrine permanent budget surpluses in law is a political gimmick that ignores “basic economics”, a group of academic economists has warned.
George Osborne will reveal how the government plans to cut £12bn from Britain’s welfare bill when he announces a fresh wave of austerity measures in his second budget in less than four months on 8 July.
The squeeze on pay packets and falling income tax receipts mean George Osborne will miss his short-term budget targets, the government’s fiscal watchdog said, as it predicted public spending will drop to an 80-year low by the end of the decade.
Britain’s recovery is expected to start running out of steam next year as the next government squeezes public spending and the hoped-for boost to exports fails to materialise, according to the Treasury’s independent forecaster.
The Leeds United defender claims that Marcelo Bielsa has taken him to the next level.
Jordan Jones of Ibrox side Glasgow Rangers was sent off today.
Celtic maintained their 100% start to the season as they recorded a comfortable win at Rangers on Sunday.
Celtic beat their Old Firm rivals Rangers on Sunday at Ibrox.
Douglas Luiz did not play well for Aston Villa against Crystal Palace on Saturday.
Can Glasgow Rangers' Alfredo Morelos keep his cool against Celtic at Ibrox?
Xherdan Shaqiri joined Liverpool in 2018.
Steven Gerrard’s Glasgow Rangers will face Neil Lennon’s Celtic at Ibrox on Sunday.
Leeds United host Swansea in a top-of-the-table Championship game today.
Kacper Przybylko was on trial at League One Sunderland last summer and now he is scoring goals for fun in MLS with Philadelphia Union.
The UK economy will slow markedly next year as uncertainty about the country’s future position in Europe and higher inflation hit consumers and businesses, the British Chambers of Commerce (BCC) has predicted.
There was a veneer of discipline in the chancellor’s handling of the UK’s public finances, after he ditched his predecessor’s strict target of balancing the budget in 2020 with three looser targets to be met in the next parliament.
Weaker business spending and a squeeze on consumers from higher inflation will dent the UK economy next year, but warnings for a post-referendum recession should prove unfounded, according to the government’s independent forecasters.