Labour's long journey back to electoral relevance must start by rebuilding trust in our ability to manage the economy, writes Stephen Kinnock MP
Not since the omnishambles budget of 2012 have we seen a chancellor look quite so uncomfortable and out...
Changes in business rates – the equivalent of council tax for businesses – are causing a storm of protest.
The property values used to calculate business rates are being updated from the levels set seven years ago (having been deferred for...
This wasn’t a Brexit Budget, it was a Brexit uncertainty Budget. Almost all the dire economic and fiscal news that was revealed today was the result, not of Brexit itself, but of the referendum decision and the pending Article 50...
After a dull campaign, the results of the Scottish election surprised. The SNP consolidated the referendum ‘yes’ voters into party supporters, but lost their overall majority in the Scottish parliament. So another referendum on independence is off the agenda for...
In recent years the focus of fiscal policy in the UK, as in many industrialised countries in the wake of the financial crisis, has been on reducing the overall rate of public expenditure. However, despite a series of reforms to...
Britain has the most centralised tax-setting arrangements of any major democracy. In England, all revenues except council tax are the responsibility of the Exchequer. Until Scotland and Wales are given new tax powers, their governments will still be almost entirely...
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