DAO 03/25 – Government investment and strategic support
'Dear Accounting Officer' letters provide advice on accountability, regularity, propriety, value for money and annual accounting exercises. HM GovernmentSource
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New expertise joins NI Public Sector Transformation Board
Secretary of State for Northern Ireland, Hilary Benn MP welcomes the news of the appointment of two new members to the Public Sector Transformation Board. HM GovernmentSource
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Labour could find the money it wants without raising taxes. This is austerity by amnesia | Randeep Ramesh
Starmer and Reeves need a fresh approach to enact their vision, and I have a plan for that. They’re just channelling the ghosts of governments past This summer’s “rebuild, rebuild, rebuild” campaign by the government feels less like a policy programme than a seance. Promising renewal, Keir Starmer
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Bank of England should promise lower interest rates and see off Nigel Farage | Phillip Inman
Rate-setters would fuel growth by clarifying policy and bringing rates low enough to boost growth How can the Bank of England avoid being a loyal and trusted friend to Nigel Farage? That’s easy. It could say the cost of borrowing will tumble over the next year, step by
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Deputy PM pledges more support for terminally ill workers
Ministers have signed a charter on behalf of the Civil Service committing to best practice for supporting civil servants diagnosed with a terminal illness. HM GovernmentSource
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Rachel Reeves must rethink how tax and spend decisions are made after welfare U-turn | Heather Stewart
Binary rules and twice-yearly OBR forecasts have turned chancellor’s moves into grim spectator sport There are many lessons for Labour’s bruised leadership from last week’s embarrassing U-turn on welfare cuts, but one is surely that how – and when – fiscal policy is set is not working. Binary
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Bank governor wades into row over Reeves’ focus on fiscal rule forecasts
Andrew Bailey says OBR projections – which the chancellor uses to calculate headroom – shouldn’t be ‘over-interpreted’ The Bank of England governor, Andrew Bailey, has waded into the controversy over Rachel Reeves’s fiscal rules with a warning against “over-interpreting” the Office for Budget Responsibility’s forecasts. The chancellor announced
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Bigger than expected inflation jump worsens Bank of England dilemma
Bank torn between calls to cut interest rates to boost growth and need to damp down price rises UK inflation jumps higher than expected to 3.5% Business live – latest updates For households across Britain, April was an awful month. Rising energy bills, broadband costs and the sharpest
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Pace of UK interest rate cuts is too rapid, Bank of England chief economist says
Huw Pill says rate cuts could fuel inflation resurgence and urges colleagues to be cautious before making further cuts Business live – latest updates The pace of UK interest rate cuts has been “too rapid” at a time when pay packet increases remain strong and could fuel a
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UK inflation jumps higher than expected to 3.5% amid bills increase
Annual rise last month driven by higher payments for gas, electricity, water and transport in ‘awful April’ Analysis: Bigger-than-expected inflation jump worsens Bank of England dilemma Business live – latest updates Inflation in the UK jumped by more than expected last month to 3.5% – its highest rate
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