Service industries: Key Economic Indicators
Service industries: Data for the sector that incorporates the retail sector, the financial sector, the public sector, business administration and cultural activities.
Service industries: Data for the sector that incorporates the retail sector, the financial sector, the public sector, business administration and cultural activities.
One of Parliament’s most important roles is to control and scrutinise tax and spending. Here we explain how it does this and how it compares internationally.
Analysis of the latest UK and international economic indicators
Insight
The Treasury Reserve is a source of backup funds for government departments set aside by the Treasury each year. Some commentators suggest it has been misused.
Research Briefing
Information on business and consumer confidence surveys. This is generally released ahead of official statistical data and can indicate changes to the economic outlook.
Research Briefing
Describes the effects of the conflict in Ukraine and the number of refugees leaving the country, alongside what aid the UK and others have pledged from 2022.
Research Briefing
The UK’s public sector will spend £1,226 billion in 2024/25. This briefing gives statistics and commentary on the various categories of recent public spending.
Research Briefing
The Great British Energy Bill 2024-25 was introduced to the Commons on 25 July 2024. The second reading of the bill is scheduled for 5 September 2024. The bill would create a new, publicly owned company, Great British Energy, designed to invest in and develop clean energy.
Research Briefing
In 2013, the UK first hit the UN target of spending 0.7% of GNI on aid. This briefing looks at the target’s history in the UK and the current reduction to 0.5%.
Research Briefing
Elections for the Mayor of London and the London Assembly were held on 2 May 2024. Sadiq Khan was re-elected as mayor and Labour won 11 seats on the Assembly.
Research Briefing
This briefing summarises 2024/25’s Main Estimates, the way in which Parliament approves the Government’s spending plans for the year.
Insight
Parliament will have less opportunity to scrutinise this year’s Main Estimates for government departments’ spending, although this often happens after elections.
Parliament scrutinises how the government raises and spends money with the Spending Review; the Budget and associated Finance Bill; and the Estimates process.
Increasing financial pressures, rising populations, higher demand on social care and lower council incomes are putting local authorities under pressure.
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