Public Finances: Key Economic Indicators
Latest data on government net borrowing and net debt.
The 0.7 percent aid target
The UN has a target for countries to spend 0.7 percent of their Gross National Income (GNI) on Official Development Assistance (ODA). In 2013, the UK achieved this target for the first time. Since 2015, the Government has also been under a statutory duty to meet it. However, citing the economic impact of the pandemic, the Government will spend 0.5 percent of GNI for ODA in 2021 as a “temporary measure.”
Town Deals and post Covid-19 recovery
There will be a Westminster Hall debate on Town Deals and post Covid-19 recovery on Wednesday 14 July at 9:25am.
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Debate Pack
Covid-19 contracts and the public inquiry into the handling of the outbreak
There will be an Opposition Day Debate on Covid-19 contracts and the public inquiry into the handling of the outbreak on Wednesday 7th July 2021
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Debate Pack
Estimates Day debate: Official Development Assistance and the British Council
The debate on 30 June will focus on the Government's reduction in aid spending in 2021, and funding to the British Council. Many of the Council's programmes have been affected by the pandemic, with a reduction in income. This paper covers UK Government spending on aid and funding to the British Council in 2021, together with relevant parliamentary and press material.
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Debate Pack
Government contracts during the covid-19 outbreak
There will be a Westminster Hall debate on Government contracts during the covid-19 outbreak on Monday 21 June 2021 at 6:15pm. The debate will be led by Tonia Antoniazzi MP.
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Debate Pack
The Community Renewal Fund and Levelling Up Fund in Wales
There will be a Westminster Hall debate on the Community Renewal Fund and Levelling Up Fund in Wales on Tuesday 8th June at 2:30pm
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Research Briefing
Main Estimates: Government spending plans for 2021-22
This briefing summarises 2021-22’s Main Estimates, the way in which Parliament approves the Government’s spending plans for the year.
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Research Briefing
Coronavirus: Economic impact
The pandemic has led to a severe recession. This briefing examines different aspects of the economic impact of the crisis to date and outlines the key issues for the economic outlook.
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Research Briefing
Government borrowing, debt and debt interest: statistics
A statistical briefing providing data on public sector borrowing (the budget deficit), public sector debt and government's debt interest payments.
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Research Briefing
The budget deficit: a short guide
This briefing answers some FAQs related to the government's budget deficit.
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Insight
EU structural funding: Will the UK Community Renewal Fund bridge the gap?
The Government has said £220 million will be made available in 2021/22 to begin to replace EU structural funding.
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Research Briefing
Government grants statistics
Background and statistics on the grants that the Government pays out to organisations like local authorities, public bodies and charities.
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Insight
Government borrowing: Peacetime record confirmed
The Government borrowed £303 billion (14.5% of GDP) in 2020/21.
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Insight
Economy in March 2021: Post-Brexit trade data and consumer confidence
This Insight looks at the impact the pandemic continues to have on the economy, and discusses possible signs of recovery.
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