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Tfl fears 15% spending reduction in chancellor’s June review

Boris Johnson has warned that threatened cuts to London’s transport budget in the June spending review pose an “insane” risk to the capital’s economy

Local councils warn of services ‘meltdown’

Local authorities say they are running out of ways to save money and call for an end to the ringfence around the health and education budgets

Expenses watchdog sues Tory MP

Stewart Jackson MP vows to fight legal action, accusing the watchdog of being ‘heavy-handed and disproportionate’ after he refuses to pay back £54,000

Grayling offers £500m probation contracts

Justice secretary has described the payment-by-results plan as ‘more for less’ at a time of austerity, but professionals have voiced anger

Hammond moves to minimise defence cuts

Defence secretary seeks to reshape boundaries by arguing that cash for health and education of the military should not come from him

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UK spending database

The FT has cleaned up government spending data and created a searchable database for details on over 5,000 private sector suppliers to central government departments

The state of Britain

A consensus exists on the need to shrink the state but there is little detail on how to effect this, reflecting a lack of understanding of what the modern British state does

Comment & Analysis

Bridging Britain’s prosperity gap

Welfare cuts risk widening the longstanding north-south divide. The government should focus on regeneration of areas hit hardest

Cutting welfare is not the same as reforming it

Most of the coalition’s changes we are seeing are austerity measures repacked as welfare reform to make them more palatable, writes Declan Gaffney

The retreat of the welfare state

The fence around the NHS and foreign aid always seemed like a political gesture. Its continued existence is increasingly hard to defend

History is leaving UK welfare state behind

British parties that continue to take comfort in tired and dated attitudes will be dumped by the country’s electorate, writes Janan Ganesh

Political divide on spending is narrowing

It is far better for Britain to be a state that prevents and invests rather than one that remedies and compensates, writes Matthew Taylor

Lifting industry

The government should be applauded for setting out a vision of where UK industry is heading and backing sectors with a sound track record

Osborne is too timid, not too austere

The view that the UK government’s austerity programme is condemning the country to more stagnation lacks evidence, writes Chris Giles

Helicopter money and supply-siders

Lord Turner’s macro lesson questions whether such policies would really help Britain and suggest’s that the country’s challenges lie elsewhere

More stories

Police ‘should open up in supermarkets’, says report

Report suggests new public means of contact

Revolution comes to town with universal credit pilot

Ashton-under-Lyne is pilot for welfare changes

UK government asks wealthy pensioners to pay back benefits

Ministers search for £11.5bn of savings

Treasury attacked for Equitable Life rescue

About 235,000 will never receive compensation

Cable rejects science spending target

Universities seek higher percentage of GDP

IMF deals blow to Osborne’s plan A

Economic outlook says UK should think of easing austerity

Austerity behind award-winning website

Design of the Year goes to gov.uk

FT Austerity Audit: Welfare cuts widen UK prosperity gap

Northern towns hit hardest, finds FT research

Osborne’s dilemma over pension benefits

Elderly are ‘big driver’ behind welfare spending

MPs question UK aid to Pakistan

Donor-backed projects ‘hampered by corruption’

Unions split over call for general strike

Unite seeks ‘political’ attack on coalition

Town hall bonus for new homes under fire

Auditors say policy’s impact is negligible

Osborne to attack welfare-reform critics

Opponents to be branded as ‘vested interests’

Browne attacks management of big projects

Claim billions could be saved by best practice

Benefit changes threaten low-income families

More households in the capital will be caught

Teachers urge UK government to U-turn on performance pay

Teaching body warns Britain’s government

Survey shows local service cuts to come

Councils will lose a third of their budgets

Ministers announce £20m for nuclear R&D

Strategy to support sectors with potential

Spending on public services set to plunge

Lowest level in more than 10 years by 2018

Osborne to announce £2.5bn for infrastructure

Chancellor to reveal funding for new projects