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Scrutiny by ‘star chamber’ of where development cash goes could be set in law after share being spent in Britain rises
Tories aim for pre-election announcement despite warnings from IMF about UK’s fragile finances
Warning comes as Rishi Sunak promises further tax cuts as part of re-election drive
Also in this newsletter: UK inflation dips, AI demand hits electricity supplies, the rise of ‘Quit-Tok’
Official figures highlight negative impact of ballooning costs in immigration system on development spending
Change is part of reforms aimed at improving UK’s disastrous record in buying kit and weapons
Senior Labour MP warns that more local authorities will go bust unless extra money is found after next election
Shadow chancellor’s plans met with scepticism from economists and dubbed too timid by union leader
No ‘compelling’ examples of delivery on the ground, finds public accounts committee
The £800mn Advanced Research and Invention Agency launches £42mn plan to find cheaper alternatives
The UK’s spending rules and procedures are not working
Shadow chancellor says public services need more money and promises spending review once in office
Armed forces will be forced to cut some programmes unless defence spending is increased, committee finds
Opposition party intends to go through ‘every pound’ in Tory spending plans to find savings
Treasury headroom has shrunk to £8.9bn, leaving UK’s ‘cupboard looking bare’
Tax cuts now put off the reality of how to pay for them later — for both Jeremy Hunt and the shadow chancellor Rachel Reeves
Jeremy Hunt also pledges to add £2.5bn to health service’s day-to-day spending in 2024-25
Tory MPs hope the chancellor’s plans will bolster their party’s chances at the next general election
Tory MPs also hoping UK chancellor will announce surprise 2p cut in basic rate of income tax
If the UK chancellor acts on a short-term perspective he will be ignoring the basic dynamics of growth
Chancellor has pledged to protect spending on defence, education and NHS, but other departments risk being squeezed
Nearly 120 MPs want ‘reassurance’ that redress payments will be included in Jeremy Hunt’s statement on March 6
Many Conservative politicians want the government to announce new tax cuts next week, but public services are under extreme pressure after years of spending restraint
Officials defend decision to wait for report recommendations as campaigners demand ministers speed up compensation payments
Deteriorating forecasts pose challenge for UK chancellor as Tory MPs seek tax cuts to improve election prospects
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