Cost of tackling coronavirus pandemic jumps to £192bn as UK heads for worst economic crash in 300 years
14 Jul 2020 Economy
Cost of tackling coronavirus pandemic jumps to £192bn as UK heads for worst economic crash in 300 years
Economic output may not recover from the Covid-19 pandemic until 2025, according to forecast
Sunak overrides HMRC perm sec's value-for-money concerns over jobs bonus and meal discount schemes
10 Jul 2020 Economy
Sunak overrides HMRC perm sec's value-for-money concerns over jobs bonus and meal discount schemes
Chancellor says there are “compelling” reasons to press ahead with post-furlough and Eat Out to Help Out schemes
At a glance: All the measures announced in Rishi Sunak's Summer Statement
09 Jul 2020 Economy
At a glance: All the measures announced in Rishi Sunak's Summer Statement
On Wednesday the chancellor delivered a summer economic update in the Commons focusing on measures to boost the economy after the coronavirus crisis. Here's what was announced
Rishi Sunak promises ‘eco-friendly economic recovery’ with £3bn injection for green jobs
07 Jul 2020 Economy
Rishi Sunak promises ‘eco-friendly economic recovery’ with £3bn injection for green jobs
Environmental groups say plans fall short of what was needed to create jobs in response to the coronavirus outbreak and tackle the climate crisis.
Boris Johnson says extending coronavirus furlough would leave people in ‘suspended animation’
03 Jul 2020 Economy
Boris Johnson says extending coronavirus furlough would leave people in ‘suspended animation’
Comments come amid calls for scheme to be extended, including to reflect local lockdowns
PM unveils infrastructure spending and planning reforms to ‘build, build, build’ out of Covid-19 crisis
30 Jun 2020 Economy
PM unveils infrastructure spending and planning reforms to ‘build, build, build’ out of Covid-19 crisis
"Times demand” interventionist policies to aid UK's economic recovery, Boris Johnson says
Case study: How academic ‘policy entrepreneurs’ can help the civil service
19 Jun 2020 Economy
Case study: How academic ‘policy entrepreneurs’ can help the civil service

From the impact of Covid-19 to dealing with the impact of climate change, government has never faced greater policy challenges. But, as recent work on developing policy strategies for carbon capture and storage shows, civil servants can get help from academics to find the right solutions. Professor Karen Turner, the director from the Centre for Energy Policy at the University of Strathclyde, explains

More than 600,000 workers have lost jobs amid coronavirus lockdown, new figures suggest
16 Jun 2020 Economy
More than 600,000 workers have lost jobs amid coronavirus lockdown, new figures suggest

Experimental ONS and HMRC data reveals indicative employment impact of Covid-19
PAC chair 'dumbstruck' as perm secs admit lack of economic planning for a pandemic
16 Jun 2020 Economy
PAC chair 'dumbstruck' as perm secs admit lack of economic planning for a pandemic

Economic support packages designed "as we have gone along", Sir Tom Scholar tells MPs
Boris Johnson and Ursula von der Leyen hold talks in bid to break Brexit deadlock
15 Jun 2020 Economy
Boris Johnson and Ursula von der Leyen hold talks in bid to break Brexit deadlock

The PM will be joined on the call by Cabinet Office minister Michael Gove and UK’s chief negotiator David Frost.
Britain suffers record 20% hit to GDP as coronavirus economic crisis takes hold
12 Jun 2020 Economy
Britain suffers record 20% hit to GDP as coronavirus economic crisis takes hold

Figures reveal the largest monthly fall since records began in 1997
UK ‘ditches plan’ for full post-Brexit border checks on EU goods
12 Jun 2020 Economy
UK ‘ditches plan’ for full post-Brexit border checks on EU goods

Government reveals prime minister will hold talks with the leaders of EU institutions on the UK's future relationship with the bloc later this month
Coronavirus: No.10 vows ‘strong and swift’ economic recovery as OECD warns Britain will be worst-hit
11 Jun 2020 Economy
Coronavirus: No.10 vows ‘strong and swift’ economic recovery as OECD warns Britain will be worst-hit

OECD predicts UK unemployment rate could rise as high as 14.8% post pandemic
Business secretary overrules value-for-money concerns with ministerial directions for coronavirus schemes
11 Jun 2020 Economy
Business secretary overrules value-for-money concerns with ministerial directions for coronavirus schemes

"Not possible" to determine business-support schemes demonstrate value for money
HMRC claims Making Tax Digital has generated £200m-plus in extra revenue
10 Jun 2020 Economy
HMRC claims Making Tax Digital has generated £200m-plus in extra revenue

Number of personal tax accounts surpasses 20 million
Ministers draft in business chiefs for coronavirus economic plan as Johnson ‘eyes July recovery speech’
08 Jun 2020 Economy
Ministers draft in business chiefs for coronavirus economic plan as Johnson ‘eyes July recovery speech’

Details emerge as SAGE member says government was too slow to enter lockdown
More than 1m people risk being ‘plunged into poverty’ due to the coronavirus crisis, think tank warns
04 Jun 2020 Economy
More than 1m people risk being ‘plunged into poverty’ due to the coronavirus crisis, think tank warns

Rise partly mitigated by Universal Credit changes announced in March, according to analysis
Non-essential shops can open from 15 June if they are ‘Covid secure’, Boris Johnson says
26 May 2020 Economy
Non-essential shops can open from 15 June if they are ‘Covid secure’, Boris Johnson says

New guidelines to be published by governemnt as part of retail re-opening
Brexit: Michael Gove says there will be ‘additional new processes’ at Northern Ireland border
21 May 2020 Economy
Brexit: Michael Gove says there will be ‘additional new processes’ at Northern Ireland border

Cabinet Office minister says there will be “some limited additional process on goods arriving in Northern Ireland” under the Brexit deal
Coronavirus spending: 11 ministerial directions issued to perm secs so far, NAO finds
21 May 2020 Economy
Coronavirus spending: 11 ministerial directions issued to perm secs so far, NAO finds

"The costs of government’s response are large and uncertain," public spending watchdog says
Treasury ‘considering tax rises and public sector wage freezes’ to pay £300bn coronavirus bill, leaked document shows
13 May 2020 Economy
Treasury ‘considering tax rises and public sector wage freezes’ to pay £300bn coronavirus bill, leaked document shows

Leaked document says measures needed to "enhance credibility and boost investor confidence"
Departmental taskforces to chart routes out of lockdown for sectors closed by coronavirus
13 May 2020 Economy
Departmental taskforces to chart routes out of lockdown for sectors closed by coronavirus

Minister-led groups to tackle changes faced by aviation industry, shops, pubs and other sectors affected by coronavirus
Government to scrap ‘stay at home’ message with plan to ease lockdown – starting with more exercise and sunbathing in parks
07 May 2020 Economy
Government to scrap ‘stay at home’ message with plan to ease lockdown – starting with more exercise and sunbathing in parks

Cabinet considers plans ahead of prime ministerial statement on Sunday, with new 'Stay Safe, Save Lives' message
Treasury looking at how to wind down coronavirus furlough scheme but Sunak promises no ‘cliff-edge’
05 May 2020 Economy
Treasury looking at how to wind down coronavirus furlough scheme but Sunak promises no ‘cliff-edge’

Chancellor reveals that the furlough scheme is costing around the same as the NHS