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The Social Fund in the UK was a form of ... by the time of the Fowler reviews in 1983 government policy had once again ... proposed a new Social Fund to be ...
A number of critics accused the government of "pork barrel politics". [16] Levelling Up Fund spending has been criticised for doubts that small local projects could transform the economy or create long-term jobs, and for not giving devolved governments in Scotland, Wales and Northern Ireland a role in selecting projects. [23]
The UK government has spent more than it has raised in taxation since financial year 2001–02, [3] creating a budget deficit and leading to growing debt interest payments. Average government spending per person is higher in Scotland, Wales and Northern Ireland than it is in England.
The National Lottery Community Fund, legally named the Big Lottery Fund, [1] is a non-departmental public body responsible for distributing funds raised by the National Lottery for "good causes". It is the largest community funder in the UK and its purpose is to award funding that strengthens society and improves lives across the UK.
UK government bonds are known as gilts. The yield on the 10-year gilt - the interest rate at which the government pays back a decade-long loan to investors - rose to 4.88% on Monday, its highest ...
In Northern Ireland the Social Fund Winter Fuel Payment Regulations (Northern Ireland) 2024 [16] govern the system. In the winter of 2011–12, the benefit cost the UK Government £2.1 billion and was paid out to 12.7 million people. [ 17 ]
On 23 September 2022, the Chancellor of the Exchequer, Kwasi Kwarteng, delivered a Ministerial Statement entitled "The Growth Plan" to the House of Commons. [1] [2] Widely referred to in the media as a mini-budget (it not being an official budget statement), it contained a set of economic policies and tax cuts such as bringing forward the planned 1% cut in the basic rate of income tax to 19% ...
The social impact bond is a non-tradeable version of social policy bonds, first conceived by Ronnie Horesh, a New Zealand economist, in 1988. [13] Since then, the idea of the social impact bond has been promoted and developed by a number of agencies and individuals in an attempt to address the paradox that investing in prevention of social and health problems saves the public sector money, but ...