PAC slams Personal Independence Payment ‘fiasco’ Introduction of the Personal Independence Payment for disabled people has been 'nothing short of a fiasco' that has let down some of the most vulnerable people in society, MPs have said today. The Public Accounts Committee said many claimants had faced ‘unacceptable’ delays of more than six months...
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May borrowing up £4.6bn on last year Public sector borrowing in May was £13.3bn, up £4.6bn from the same month last year, figures from the Office for National Statistics have revealed today...
Private finance reforms 'might not lead to best value' Treasury reforms to the use of private finance to build and maintain public infrastructure will not remove the accounting incentives for Whitehall departments to use the scheme even when it does not represent best value, MPs have warned...
Labour to restrict benefits for under-21s Ed Miliband has announced that a future Labour government would replace Jobseekers’ Allowance for those aged under 21 with a new means-tested youth allowance, conditional on recipients undertaking training...
Doubt cast on child maintenance reform savings The Department for Work and Pensions has successfully introduced its new scheme for child maintenance payments, auditors have said, but its savings target could be at risk...
Margaret Hodge to address CIPFA conference Public Accounts Committee chair Margaret Hodge has slammed the government’s implementation of benefit reforms for disabled people, saying the changes must be brought up to scratch. Hodge will speak at this year's CIPFA conference...
Fed reduces 2014 US growth forecast The US Federal Reserve has lowered its economic forecast for 2014, but also announced it would continue to slow its quantitative easing programme...
NHS: muddling through? By Nigel Keohane With reports suggesting a black hole in NHS finances, there is a compelling case to be radical. But history suggests that we are more likely to muddle through...
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