Download or read book HM Treasury Autumn Statement 2013 Cm 8747 written by Great Britain. Treasury and published by The Stationery Office. This book was released on 2013-12-05 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the improvement in the public finances, this year's Autumn statement is fiscally neutral and locks in lower spending by reducing departmental budgets for 2014-15 and 2015-16 by 1.1% but excluding local government, Security & Intelligence Agencies and HMRC. The Government will: cap the Retail Prices Index in business rates to 2% in 2014-15 and extend the doubling of Small Business Rate Relief to April 2014; will provide a business rate discount of £1,000 in 2014-15 and 2014-16 for retail properties with a rateable value of up to £50,000 and a 50% discount from business rates for new occupants of previously empty retail premises for 18 months; abolish National Insurance Contributions for under 21 year olds on earnings up £813 per week; remove cap on higher education student numbers; announce further reforms to make the most of the UK's science base; introduce a new tax relief for shale gas, and increase support for employee ownership and the creative industries; improve the UK's infrastructure with the National Infrastructure Plan 2013; and take further action to increase housing supply and support home ownership. Fuel prices will be frozen and the impact of policies on energy bills will be reduced. The average increase in rail fares will capped. Married couples & civil partners will be allowed to transfer £1,000 of their income tax personal allowance to their spouse where neither is a higher rate taxpayer.
Download or read book House of Commons Treasury Committee Autumn Statement 2013 HC 826 written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2014-03-08 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Around 43% of departmental expenditure limits are ring-fenced. As a consequence, public expenditure control - on the scale required to address the deficit - will be increasingly difficult. While ring-fencing reflects public priorities, those preferences are not equally strongly held for all ring-fenced areas. Support for the 33.5% cumulative real increase in aid over the course of this Parliament, for example, appears to be lower than for health and schools. The Committee also remains concerned about the impact of the Government's Help to Buy: Mortgage guarantee scheme. An abrupt end to the scheme could distort the market, as could announcements which radically alter people's expectations. Forecasts of additional revenue from many anti-avoidance measures are inherently extremely uncertain. The Committee warned in its report on the Autumn Statement 2012 that the forecast revenues from the UK-Swiss agreement - at £5.3 billion - were subject to uncertainty and that the proceeds may not meet expectations. These concerns appear to have been justified. Even after the event it is often very difficult to establish how much a particular measure has raised. The OBR should look again at how the Government accounts for projected revenues, based on previous experience. Even after the event it is often very difficult to establish how much a particular measure has raised. The more transparency about the yield, and therefore each proposal's effectiveness, the better
Download or read book HC 514 Reviewing the Office for Budget Responsibility written by Great Britain. Parliament. House of Commons. Treasury Committee and published by The Stationery Office. This book was released on 2016 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Budget Responsibility and National Audit Act 2011 requires that the OBR be externally reviewed at least once every five years. Legislation requires that the OBR's non-executive Committee commission a suitably qualified person or body to lead the review. The OBR's first statutory external review was led by Kevin Page, former Parliamentary Budget Officer for Canada. It reported on 3 September 2014. In Autumn Statement 2013, the previous Government announced its intention to conduct its "own review of the OBR at the start of the next Parliament". The review, which was announced on 11 June 2015, was commissioned by the Chancellor and led by the Treasury's Chief Economic Adviser, Sir David Ramsden. At the same time as the review made public its report, the Government issued a press release accepting "all [its] recommendations in full". The same press release announced the Chancellor's support for Robert Chote to be reappointed as chairman of the OBR. Both the external and Treasury-led reviews are described on the gov.uk website as "Independent report[s]". In his reappointment hearing on 15 September 2015, Robert Chote was asked by the Committee about the independence of the Treasury-led review, and in particular whether the Chancellor's view coloured its outcome, Mr Chote said "It is a Treasury review; it is not pretending to be an independent review in that sense". Sir David's conclusions are consequently of little relevance for assessing the independence and effectiveness of the OBR's work. This report also discusses the review process generally
Download or read book HC 870 Autumn Statement 2014 written by Great Britain. Parliament. House of Commons. Treasury Committee and published by The Stationery Office. This book was released on 2015 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Treasury has again been unable to provide all the information needed by deadlines agreed with the OBR. The Government may, as the Chairman of the Office for Budget Responsibility suggested, have decided that for political reasons this was a "price worth paying." This would set an undesirable precedent. The work of the Office for Budget Responsibility depends on the Treasury meeting the agreed deadlines. The Committee welcomes the OBR's innovation of providing uncertainty ratings for policy costings. The Committee recommends in future that the OBR publish a breakdown of the uncertainty rating assessment against the three criteria for all announced measures at Autumn Statements and Budgets. The Committee also welcomes the Government's continued publication of the distributional analysis of the Government's policy changes and recommends that the next Government continue with this important aid to transparency. The current inflation target set by the Government is symmetrical, and is 2 per cent at all times. Several witnesses alluded to the risks of very low inflation and subsequent deflation, including the Chancellor. The Chancellor has publicly welcomed the current level of inflation. This is not likely to help anchor inflationary expectations. The Governor of the Bank of England is required to write to explain to the Chancellor why inflation has fallen below 1 per cent. It is important to avoid mixed messages on inflation targeting. The Bank of England should undertake research on the effect of net migration, and the potential for future net migration, on the supply of labour and wage growth as part of the work on meeting the MPC's remit. The Treasury should ensure that discussions within Government on immigration policy fully consider the requirements of the economy.
Download or read book Social Work and the Transformation of Adult Social Care written by Lymbery, Mark and published by Policy Press. This book was released on 2015-04-15 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforms as well as cuts in services and finances are part of the everyday fabric of the social work landscape. Taking a critical approach to the transformation agenda in social work, this book outlines the implications of these changes for adult health and social care. Fully informed by theory, research, policy, and legislation, it takes a problem-based learning approach through the application of case studies, explaining and exploring the overlapping roles of social care and social policy. The authors argue for the continued significance and importance of social work within the context of adult social care: social work, they show, can make a vital difference in the lives and experiences of many of those who are perceived to be the most vulnerable people in society. It is essential reading for students, educators, and practitioners of social work and social policy, and health and social care.
Download or read book Renewable Gas written by Jo Abbess and published by Springer. This book was released on 2016-04-29 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author looks at the prospects for a transition from natural gas to low carbon gas, which could take several decades, and at how this will depend on the evolution of the fossil fuel industry. She investigates the technologies and energy systems for making the best use of renewable gas resources.
Download or read book HC 1189 Budget 2014 written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2014-05-09 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this report the Treasury Committee makes recommendations on pensions, savings, HMRC debt recovery powers and housing. The greater flexibility and choice provided by the proposed pension reforms is welcomed. The 'guidance guarantee' is an important part of making sure that consumers benefit from increased choice. It should be measured against a set of recommended principles to ensure its effectiveness. The pensions reforms are also likely to lead to financial innovation. Following the financial crisis, and the mis-selling scandals, the reputation of the industry is under scrutiny. With regard to savings - double taxation has long been a deterrent to some forms of saving. With the enhanced flexibility for those saving there may now be scope in the long term for bringing the tax treatment of savings and pensions together to create a 'single savings' vehicle. The proposal to grant the power to HMRC to take money directly from people's bank accounts is extremely concerning. Exceptional powers such as this require prior independent oversight. With regard to housing, the Help to Buy scheme, at least in the short-to-medium term, could raise house prices. There is also the risk that withdrawal of Help to Buy may have a distorting effect on the housing market. The need to address these difficulties places a particular responsibility on the FPC, as well as the Government, for detecting and addressing the financial stability risks arising from the housing market. There are also reservations about any extension of retrospection in the tax system. Retrospection should be considered only in wholly exceptional circumstances
Download or read book Economics written by Richard G. Lipsey and published by Oxford University Press, USA. This book was released on 2015 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Written to engage you with real world issues and questions in economics, this book provides up-to-date coverage of the financial crisis and its many subsequent implications, which are vital to understanding today's economic climate. Case studies help you to understand how economics works in practice, and to think critically"--Back cover.
Download or read book Rebuilding the Fire and Rescue Services written by Peter Murphy and published by Emerald Group Publishing. This book was released on 2020-03-31 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the new arrangements for organizing policy, delivery and public accountability in Fire and Rescue Services. Contributors of this invaluable text assess the effectiveness of government responses to new legislation that came as a result of inadequacies identified in governmental reviews, namely the Policing and Crime Act of 2017.
Download or read book Parliamentary Debates Hansard written by Great Britain. Parliament. House of Commons and published by . This book was released on 2013 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Business of Widening Participation written by Colin McCaig and published by Emerald Group Publishing. This book was released on 2022-10-10 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive policy history of widening participation in UK higher education and exploration of how that policy has translated into institutional practices in different contexts, this timely work offers new analysis to academics familiar with the field and to practitioners who may be less so.
Download or read book The Stationery Office Annual Catalogue written by Stationery Office (Great Britain) and published by . This book was released on 2013 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rebuilding the Fire and Rescue Services written by Peter Murphy and published by Emerald Group Publishing. This book was released on 2020-03-31 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the new arrangements for organizing policy, delivery and public accountability in Fire and Rescue Services. Contributors of this invaluable text assess the effectiveness of government responses to new legislation that came as a result of inadequacies identified in governmental reviews, namely the Policing and Crime Act of 2017.
Download or read book Spending round 2013 written by Great Britain: H.M. Treasury and published by Stationery Office. This book was released on 2013-06-26 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government's economic plan has three parts: keeping mortgage rates low for families and fixing the banks to support investment in business; dealing with the country's debts to maintain confidence in the UK's ability to pay its way; and long-term economic reform to back aspiration and equip Britain to win the global race. The Government will continue to reduce the deficit by taking difficult decisions to cut public spending and prioritise investment in infrastructure to deliver a stronger economy and fairer society. Because spending reductions since 2010 have been accompanied by reforms to how services are delivered, crime is at its lowest level in 30 years, school standards have risen and employment is at record levels. The Government will reduce current spending by £11.5 billion in 2015-16, allowing it to increase capital spending plans by £3 billion a year from 2015-16 and by £18 billion over the next Parliament. Without the £3.6 billion savings from the welfare budget in 2015-16 that were announced at Autumn Statement 2012, reductions in departmental spending would have been commensurately higher. The Government will protect spending on health, schools and overseas development - maintaining the vital public services that everyone relies on at home, and supporting the poorest overseas
Download or read book The New Zealand Official Year book written by New Zealand. Department of Statistics and published by . This book was released on 1907 with total page 950 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Policing Canada in the 21st Century written by Council of Canadian Academies, Expert Panel on the Future of Canadian Policing Models Staff and published by . This book was released on 2014-11 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Office for Budget Responsibility written by Office for Budget Responsibility and published by The Stationery Office. This book was released on 2011-11-29 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This economic and fiscal outlook sets out the Office for Budget Responsibility (OBR) forecast for the period to 2016-17. The economy has grown less strongly than forecast in March primarily because higher-than-expected inflation has squeezed household incomes and consumer spending. The eurozone crisis has impacted on business and consumer confidence. Consequently the OBR has revised it growth forecasts downwards. It expects the underlying momentum of the economy to pick up through 2012 but with the headline measure of GDP broadly flat until the second half. The central forecast is now for 0.7 per cent growth in GDP in 20102, 2.1 per cent in 2013, 2.7 per cent in 2014, and 3 per cent in 2015 and 2016. Public sector net borrowing (PSNB) is expected to total £127 this year (8.4 per cent of GDP), but the downward revision of growth forecasts means the deficit will shrink less quickly over the next five years, with a forecast £53 billion PSNB (2.9 per cent of GDP) in 2015-16. Unemployment is expected to rise further to 8.7 per cent in 2012 before falling back to 6.2 per cent by 2016. The OBR estimates that the Government has a roughly 60 per cent of meeting its mandate to balance the structural or cyclically-adjusted current budget by 2016-17. The central economic and fiscal forecasts assume that the euro area finds a way through its current crisis, but a more disorderly outcome is clearly a significant risk.
