NAO publishes report on Regional Growth Fund

Most of the funds set aside by the Government in order to boost regional economies remains unspent, according to a report by the National Audit Office (NAO). The Regional Growth Fund was set up in June 2010 to back projects with significant potential for economic...

Labour's spending plans to cost £25 billion

The Institute for Fiscal Studies (IFS) has analysed Labour Shadow Chancellor Ed Balls’ plans to match Chancellor George Osborne’s commitment to clearing the ‘current deficit’, noting that this doesn’t commit the Labour Party to clearing...

Labour to block cheap foreign workers

Labour Leader Ed Miliband has pledged to prevent low-paid foreign agency staff from undercutting UK people seeking employment. Miliband said that if Labour wins in 2015, the Government would work with businesses to close a European Union loophole which allows...

Cable warns that house price rises 'must stop'

Business Secretary Vince Cable has warned that the Bank of England will have to intervene if house prices in the South continue to soar, as the boom could threaten Britain’s economic gains. House prices recorded their biggest monthly rise for more than four years in...