Lastly, real government expenditure fell by 2.5% q/q, reflecting the impact of strikes on the provision of public services. Where next? Looking ahead, growth is likely to be bumpy. Bad weather and continued strikes will weigh on GDP in April and the extra Bank holiday for the Kings ...
“Better-than-expected UK economic performance may come at the cost of higher interest rates as the Bank of England shows a new focus on taming inflation. “The expenditure breakdown shows that the winding down of Covid-related activity had a significant negative impact on government spending. H...
Comments on an essay by Adrian Babbidge in issue 37, 2000, of the journal 'Cultural Trends,' about the unsustainable expansion of museums in Great Britain. Period of growth funded by the National Lottery; Breakdown of central government expenditure on museums by English region; Structural ...
A breakdown of household fuel expenditure as a percentage of income (1990 to 2021/22) Between 1990 and 2000-01, the percentage of income people spent on household fuel decreased, dropping by 1.4%. From there it increased, first by 1.4% between 2000-01 and 2010 and then by 0.3% in 2020...
Climbing government spending bolsters financial leasing. Major increases in spending by the Treasury should boost government capital expenditure in 2023-24, translating to a rise in revenue from the public sector. London's status attracts financial leasing firms. Its robust economy, global reach and ...
Government organisations have been shifting to cloud-based services in order to reduce their total investments in IT infrastructures and resources (e.g. data centers), as well as capitalise on cloud computing’s numerous rewards. However, just like any other technology investments there are also co...
On 6 April 2021, the planned reforms to the off-payroll working rules came into effect. This follows a decision made by the UK government on 17 March 2020 to postpone the introduction of the reforms to the private sector due to the impact of the COVID-19 coronavirus.[1] ...
Energy security and climate change mitigation are two of the most significant challenges facing governments in countries across the world. The United Kingdom (UK) government therefore passed the 2008 Climate Change Act that legally commits Britain to red
The Indian government had earlier employed blockchain technology for the secure storage and retrieval of educational certificates for the Central Board of Secondary Education (CBSE) in Karnataka. This initiative known as the “Certificate Chain,” aims to provide a tamper-proof and transpare...
Whilst the increase in the corporation tax rate is significant, it is clear the Government is keen to attract investment into the UK as it enters a new era outside of the EU. Marissa Thomas Head of UK Tax, PwC PwC | Doing business and investing in the UK | 7 How does the UK ...