UK borrowing at £11.7bn, higher than forecasts
UK public sector borrowing fell to a four-year low for November but exceeded expectations, partly due to the government's reversal on winter fuel payments. Read the full analysis.
Category : Search result: public sector finance
UK borrowing higher than expected after winter fuel U-turn
UK public sector borrowing fell to a four-year November low of £11.7bn but exceeded forecasts, partly due to the government's reversal on winter fuel payments. Discover the full impact on the nation's finances.
Government borrowing higher than expected in November
UK public sector borrowing fell to a four-year November low of £11.7bn but overshot forecasts due to winter fuel payment reversal. Explore the fiscal details.
Civil Service workforce reaches highest level in nearly 20 years
New figures reveal the UK Civil Service has grown to 554,000 staff, its largest size since 2006. Explore the drivers behind this surge and the government's plans for future reform.
Public sector pay gap closes, pensions remain superior
Official Treasury guidance reveals state workers' pay has caught up with the private sector, with far more generous pensions. Chancellor Rachel Reeves urges pay restraint. Read the full analysis.
Reform UK to cut 68,500 civil service jobs if elected
Reform UK unveils radical plan to slash 68,500 civil service posts, saving taxpayers £5.2bn a year. Party vows to end 'woke' policies and 'bloat' if Nigel Farage becomes PM. Read the full details.
Victoria Slashes 1,000+ Public Sector Jobs in $4bn Savings Plan
Victoria's Premier announces a major public service overhaul, cutting over 1,000 jobs and merging 29 entities to save $4bn. Read the full details of the state's budget repair plan.
Victoria Plans 10% Public Service Staff Cost Cuts
The Victorian government announces a plan to cut public service staff costs by 10% to save A$1.6 billion. Learn the details and potential impacts of this major austerity measure.
Civil servant fined $1m for 10-year salary fraud
A Kuwaiti civil servant has been ordered to repay over $1m after being paid for a decade without working. The case highlights a global issue of public sector fraud.
Millions Vie for China's Civil Service in Tough Economy
A record 3.7 million applicants in China are competing for just 38,100 civil service posts, highlighting a major shift towards public sector job security amid economic uncertainty. Discover the driving forces behind this trend.
Brazil cracks down on $4.8bn fuel tax evasion scheme
Brazilian authorities launch a major operation against a massive tax evasion and money laundering network in the fuel sector, with links to a powerful crime syndicate. Discover the international implications.
Australia's Public Sector Faces 5% Budget Cuts
Treasurer Jim Chalmers confirms department heads must identify savings from lower-priority spending, denying major job cuts while redirecting funds to Medicare and tax relief.
Whitehall's £1.3m Pension Pots Amid Private Sector Raid
Britain's top civil servants have taxpayer-funded pension pots averaging £1.3m, a new report reveals. This comes as the Chancellor plans a £3bn raid on private sector retirement savings. Discover the full story.
NHS Pay Row: Doctor's £100k Salary Sparks Debate
A heated debate on NHS salaries erupts after a consultant calls her £100,000 wage 'pathetic', while a teacher highlights the vast pay gap within the public sector. Share your views.
Government borrowing higher than forecast pre-Budget
UK public sector borrowing reached £17.4bn in October, surpassing official forecasts and putting pressure on Chancellor Rachel Reeves ahead of next week's crucial Budget announcement.
UK Government Borrowing Higher Than Forecast
UK public sector borrowing reached £17.4bn in October, overshooting forecasts and piling pressure on Chancellor Rachel Reeves ahead of next week's crucial Budget announcement.
UK Government Borrowing Hits £17.4bn, Above Forecast
UK public sector borrowing reached £17.4bn in October, higher than forecast, putting pressure on Chancellor Rachel Reeves ahead of the Budget. Discover the implications.
Government borrowing exceeds forecasts before Budget
Public sector borrowing reached £17.4bn last month, exceeding official forecasts and putting pressure on Chancellor Rachel Reeves ahead of next week's crucial Budget announcement.
Microsoft 'ripped off NHS' claims MP in contract row
Labour MP Samantha Niblett alleges Microsoft overcharged NHS in £700m deal as MPs call for more contracts with British tech firms. Read the full investigation.
NHS Fife boss retires amid discrimination scandal
NHS Fife CEO Carol Potter steps down with praise and early retirement package despite a tribunal case over female staff rights. Discover the full story behind this public sector controversy.
Scottish Government costs surge £53m in one year
Scottish Government operating costs balloon to £856m despite remote working. IT spending rises £25m while accommodation savings remain minimal. Taxpayers face growing bill.
Australian Defence spends £41k on war games training
Australian taxpayers fund unexpected government purchases including war-gaming boards and Minecraft education. Defence officials justify spending as vital training tools amid rising national debt concerns.
Romania protests: Thousands rally against austerity
Thousands protest in Bucharest demanding higher wages and tax cuts as the government enforces austerity to tackle the EU's high budget deficit. Read the full story.
Australian Public Service Wages Jump 3.4%
New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.
Banks spared tax rises in Reeves budget
Chancellor Rachel Reeves is set to exempt major banks from tax increases in her upcoming budget, signalling a pragmatic approach to financial sector relations while facing criticism from opposition parties.
Labour workers rights bill could cost NHS billions
Exclusive Treasury assessment warns Keir Starmer's New Deal for Workers may unleash financial chaos across public sector, with NHS, police and fire services facing unsustainable costs from enhanced employment rights.
Wall Street's exodus to San Francisco and Phoenix reshapes finance
Major financial institutions are quietly shifting operations from Wall Street to San Francisco and Phoenix in a strategic move that's reshaping America's financial landscape.
Martin Lewis Launches Car Finance Claim Tool Amid Scandal
Money Saving Expert Martin Lewis unveils free calculator helping millions potentially claim thousands from car finance mis-selling scandal. FCA investigation ongoing.
Labour faces public sector productivity crisis in Budget
Chancellor Rachel Reeves confronts Britain's public service productivity puzzle as she prepares her debut Budget, with Treasury analysis revealing stagnant output despite soaring employment costs.
Ireland faces €13.4bn corporate tax shortfall
Ireland's Department of Finance confronts a staggering €13.4bn corporate tax shortfall as tech and pharmaceutical giants see profits decline, threatening the nation's economic stability.
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