In light of Lord Kerslake’s independent review, ‘Rethinking the Treasury’, and with the looming Spring Budget one day away, Professor Dave Richards considers where next for the Treasury. The review advocates a return to the Treasury’s core functions of controlling and co-ordinating public finance and overseeing the macro-economy Now is the time to break from […]
43 and 36 – Locking in the smaller state: George Osborne’s ‘Summer Budget’
The general consensus is this is a “big” Budget with lots in it. It is, but unfortunately most commentators are missing the really big picture, says Colin Talbot. To be able to grasp what lies behind George Osborne’s ‘Summer Budget’ 2015 you need to remember just two numbers: 43 and 36. 43 Modern advanced economies […]
Making devolution work for all: Grabbing and grappling with the opportunity
The University of Manchester and Centre for Local Economic Strategies (CLES) play host to the Making Devolution Work conference next week. To mark the event CLES’s Chief Executive Neil McInroy writes the first of a series of blogs around the conference, examining what devolution could mean for the region and country. The UK is massively […]
Parliament and Public Spending – interesting letter
I thought the following letter was an interesting addition to discussion about Parlaiment’s role in deciding budgets (see also my post on PF Blog) from former civil and public servant Des McConaghy.