UK Public Expenditure market report
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Providing the most comprehensive and up-to-date information and analysis of the Public Expenditure market, and the behaviours, preferences and habits of the consumer.
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Covered in this Report
For the purposes of this Report, UK public expenditure, which covers the government’s spending on public services, has been segmented into:
- Central government expenditure
- Local government expenditure
- Public corporation expenditure
Segmentation of Total Managed Expenditure
- Social Protection
- General public services
- Economic Affairs
What you need to know
The UK continues to strive towards reducing the national deficit as public spending remains pressured in 2018. This is particularly the case for local authorities, where budgets continue to fall in line with centralisation efforts.
Although still characterised by overarching austerity, expenditure is also being heavily dictated by the UK’s imminent exit from the European Union, with the need to restructure many channels of spending and receipts, which were previously tied to the legislative framework of the single market. Looking forward, the UK is set to face a period of significant uncertainty. Efforts to reduce the deficit will remain prominent as long as the Conservative government is in power. However, spending cuts could be eased in the coming years as the UK looks to negotiate uncertainties and their impact on economic growth.
Expert analysis from a specialist in the field
Written by Marco Amasanti , a leading analyst in the B2B sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
The UK government’s strategy remains focused on reducing the national deficit, with a desire to maintain public expenditure while reducing borrowing and boosting economic growth. The government further reduced borrowing in 2018, with this trend set to continue in the coming years, assuming no political change. However, the UK is set to face a period of great uncertainty throughout this period as it looks to restructure expenditure in light of Brexit.
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* This is a sample representation of the report layout and does not reflect the research included in this report.
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