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      George Osborne proposes to cap public sector pay-offs at £95,000

      Plans to end six figure severance payments for civil servants will be set out on Friday as George Osborne tries to save...

    2. July 29, 2015

      Government departments must have ‘business plans’ for spending

      Government departments have been ordered to prepare corporate-style business plans indicating what will be delivered...

    Special Reports

    1. Investing in Young People

      With a third of the world’s 200m unemployed under the age of 25, FT writers examine th...
    2. The World 2012

      Confronting an age of austerity...
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    1. July 29, 2015

      Fix UK pensions, then no longer fiddle with them

      The past five years have been a good time to be old in the UK. While everyone else shouldered the burden of austerity,...

    2. July 26, 2015

      Baby steps on the long road to devolution

      Liberated from the constraints of coalition and untroubled by serious opposition, George Osborne has bold plans for...

    3. July 26, 2015

      How to give a radical edge to Osborne’s tame cost squeeze

      George Osborne last week prompted howls of anguish when he asked government departments to say what spending they would...

    4. July 26, 2015

      NHS outsourcing deal loses 1,000 jobs

      Capita, the FTSE 100 outsourcer, is planning to cut nearly 1,000 jobs when it takes on a £1bn contract to supply...

    5. July 23, 2015

      UK government axes funding for Green Deal

      The government has signed the death warrant for another environmental scheme, this time the Green Deal energy-saving...

    6. July 23, 2015

      Web providers set to face multimillion-pound broadband levy

      Broadband providers could face an industry levy of hundreds of millions of pounds to deliver the Conservative...

    7. July 21, 2015

      The risks and rewards of George Osborne’s austerity

      George Osborne is pressing ahead with a programme of public spending cuts that has few rivals in the western world. The...

    8. July 21, 2015

      Welfare vote highlights Labour’s leadership woes

      When Labour awoke to its biggest electoral defeat for a generation in May, some senior figures begged for the contest...

    9. July 21, 2015

      Osborne asks Whitehall to plan 40% budget cuts

      George Osborne flexed his credentials as the “austerity chancellor” on Tuesday as he ordered Whitehall departments to...

    10. July 21, 2015

      Higher tax receipts keep deficit reduction plan on track

      As the chancellor put Whitehall departments on notice they will have to execute further sweeping spending cuts, he got...

    11. July 21, 2015

      George Osborne begins hunt for another £20bn of savings

      George Osborne on Tuesday began the process of finding another £20bn of savings as he launched the government’s...

    12. July 20, 2015

      Labour rebels defy party line on welfare vote

      A fifth of Labour MPs voted against their party’s official position on welfare on Monday night in a vote that exposed...

    13. July 19, 2015

      Austerity’s £18bn impact on local services

      Local authorities have scrapped access to vital services for 150,000 pensioners and cut child protection spending by 8...

    14. July 19, 2015

      Homeless family: falling through ‘sieve’ with nothing to cling to

      At Danielle Prescott’s flat in Manor Park, east London, the children’s bedroom is a cheerful, bunting-strewn space,...

    15. July 19, 2015

      Austerity state: Ammunition for ‘armchair auditors’

      When Sir Eric Pickles abolished the watchdog charged with overseeing England’s councils, the then-local government...

    16. July 16, 2015

      Funding gap threatens care home fee cap

      The government is preparing to retreat from an election promise to cap the sums elderly people have to pay towards care...

    17. July 13, 2015

      Arts groups make case for investment

      Publicly funded arts organisations are increasingly becoming a “seed bed” for growth in the commercial creative sector,...

    18. July 13, 2015

      UK to cut funding for household energy efficiency

      Officials have drawn up plans to cut the funding for household energy efficiency in the autumn spending review as they...

    19. July 13, 2015

      Nepal earthquake helicopters that were never used cost UK £3m

      David Cameron’s decision to send three Chinook helicopters to help in the Nepal earthquake relief effort ended up...

    20. July 12, 2015

      England and Wales councils need extra £1bn to pay living wage

      Cash-strapped local authorities will have to find more than £1bn extra by 2020 to pay for the new national living wage,...

    21. July 12, 2015

      Labour will not oppose government welfare cuts, says Harman

      Harriet Harman, Labour’s acting leader, said her party will not oppose the government welfare bill and will even back...

    22. July 8, 2015

      Summer Budget: Disraeli’s heir dishes the Labour party

      George Osborne has delivered the first Conservative Budget for 18 years. It is a boldly political one. Yet it also...

    23. July 8, 2015

      Summer Budget: Osborne unbound delivers a blow to the state

      George Osborne’s Budget ended a fight that began 10 years ago. At 34, he was pitted against Gordon Brown, the Labour...

    24. July 6, 2015

      Sajid Javid targets student grants for savings

      Sajid Javid, the business secretary, plans to ease pressure on his department’s strained finances and help protect...

    25. July 6, 2015

      UK flood fund in £2.1bn reinsurance deal

      The new government-backed flood subsidy fund is preparing to make one of the world’s largest purchases of catastrophe...

    26. July 5, 2015

      Summer Budget: Osborne’s £15bn wiggle room

      Economists say George Osborne is likely to have up to £15bn more wiggle room on the public finances than expected three...

    27. July 3, 2015

      Since you asked: There is nothing wrong with benefiting from benefits

      ‘Half of households receive more in benefits than they pay in taxes’ The Daily Telegraph, June 29 What a sad indictment...

    28. July 2, 2015

      Whitehall eyes sweeping housing benefit cuts

      George Osborne will next week promise to cut Britain’s housing benefit bill, which has more than doubled since 1996 to...

    29. July 1, 2015

      George Osborne’s brief chance to seal his reputation as a reformer

      Next week’s Budget will be a pivotal moment for George Osborne. With a majority Conservative government, the UK...

    30. June 29, 2015

      Leading Tory calls for end to protection of NHS budget

      The most senior Conservative in local government has called for an end to the ringfence protecting National Health...

    31. June 28, 2015

      UK infrastructure spending rises almost 72%

      UK infrastructure contracts surged in the first few months of the year, driven by renewable energy and road projects,...

    32. June 28, 2015

      Business wants money committed to UK’s north

      Business wants the UK government to back up with funds its talk of a Northern Powerhouse, to improve the region’s...

    33. June 28, 2015

      Meg Hillier to alter direction of UK’s public accounts committee

      Parliament’s public accounts committee, for years the scourge of big business, is set to change direction under its...

    34. June 26, 2015

      Scotland alone cannot defund the royals

      “Scotland to cancel funding for Queen” The Times, June 24 There they go again, those Scots, taking money from a...

    35. June 25, 2015

      Army reservist plans ‘unachievable,’ watchdog warns

      A plan to hire part-time soldiers to help plug gaps left by defence cuts “appears to be unachievable”, according to an...

    36. June 24, 2015

      Osborne’s opportunity for audacious tax reform

      George Osborne has delivered six budgets, never once with a free hand. The chancellor endured five years of...

    37. June 21, 2015

      Arts organisations in six-week funding race

      Some of England’s best-known arts organisations are in a six-week race to raise funds that will allow them collectively...

    38. June 19, 2015

      Free Lunch: Getting fiscal policy right

      Intellectual lemonade from a policy lemon If nothing else, George Osborne's uber-political pledge to legally require...

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