Alistair Darling will forecast a short, sharp recession in his crucial pre-Budget report in 11 days’ time, with the economy contracting by more than 1 per cent next year but bouncing back strongly in 2017. The Chancellor said we were going into recession, but he remained confident about getting through it.
The Migration Impacts Forum, a group of frontline practitioners brought together to advise government on how migration affects public services and local communities, has released a report showing that migrants who have moved to the UK over the past two years, have been allocated only five per cent of
Gwyneth Taylor from the National Federation of ALMOs (arms length management organisations) argues that if government funding dries up for ALMOs, which manage council housing on behalf of local authorities, one million council tenants would be affected. The federation has put together a paper providing examples of activities ALMOs
The government has again been urged to set up a national deposit savings scheme offering tax-free bonuses to help struggling first-time buyers get on the housing ladder. Chairman of the New Homes Marketing Board said the scheme would not only re-establish a savings habit, but could improve liquidity in
A report has said that five new supercities will evolve in the coming 20 years as the country increasingly focuses on new economic endeavours based on scientific innovation. The report Future of Business said changes were being driven by the recession which will push new ways of working, increase
The Bank of England (BoE) warned that the correction in the credit markets had gone too far and banks and financial markets were too pessimistic and at risk of making the financial crisis a self-fulfilling prophecy. The Bank’s twice-yearly financial stability report says that the credit markets had ‘overstated