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NAO: BEIS lacks reliable estimate of fraud in COVID grants

The cost of fraud in COVID-19 business support scheme grants is estimated at £1bn but the NAO has warned that the total could be even higher amid data quality and assurance concerns.

Spending Review leaves inflationary sting in local authorities

A relatively large increase in central government funding for local authorities is likely to be offset by a below-inflation council tax rise next year. Further cuts may be needed to balance the books in local authorities facing rising costs on top of low reserves.

Carbon Crunch: Net zero a driver of economic change

Resolution Foundation and the LSE Centre for Economic Performance say speeding up emissions reduction will require changing behaviours in addition to the UK government’s Net Zero Strategy’s focus on technological innovation.

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