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    Economy

    The latest Economy news from Civil Service World
    Treasury looking at how to wind down coronavirus furlough scheme but Sunak promises no ‘cliff-edge’
    05 May 2020 Economy
    Treasury looking at how to wind down coronavirus furlough scheme but Sunak promises no ‘cliff-edge’

    Chancellor reveals that the furlough scheme is costing around the same as the NHS


    Lockdown exit strategy: Government's five coronavirus tests 'not enough' as PM prepares to unveil next steps
    04 May 2020 Economy
    Lockdown exit strategy: Government's five coronavirus tests 'not enough' as PM prepares to unveil next steps

    Government urged to 'be straight with the public' that there is “no single grand exit plan to release the coronavirus lockdown”, IfG says


    Boris Johnson hints at no austerity after coronavirus crisis amid blow to public finances
    01 May 2020 Economy
    Boris Johnson hints at no austerity after coronavirus crisis amid blow to public finances

    Cutting public spending "not part of our approach" after the pandemic, PM says


    HMRC urged to invest in stats after £7bn tax reporting error
    01 May 2020 Economy
    HMRC urged to invest in stats after £7bn tax reporting error

    Stats watchdog review makes recommendations for improvement, including IT investment


    Trade Remedies Authority chief exec steps down
    30 Apr 2020 Economy
    Trade Remedies Authority chief exec steps down

    Claire Bassett resigns while the post-Brexit trade body is still in shadow form


    Business department gets ministerial direction for coronavirus grants
    29 Apr 2020 Economy
    Business department gets ministerial direction for coronavirus grants

    Perm sec Alex Chisholm said it was impossible to determine if the scheme would deliver value for money under Treasury guidance


    Coronavirus: Matt Hancock says he will 'not allow' early lifting of lockdown amid calls to relax restrictions
    24 Apr 2020 Economy
    Coronavirus: Matt Hancock says he will 'not allow' early lifting of lockdown amid calls to relax restrictions

    Health secretary pushes back against calls from Tory MPs and ministers


    Treasury guidance on furlough pay of museum staff 'untenable', union says
    24 Apr 2020 Economy
    Treasury guidance on furlough pay of museum staff 'untenable', union says

    Prospect union says not paying 20% top up to workers on the Job Retention Scheme would be “unacceptable”


    DWP urged to ‘enhance trustworthiness’ by publishing more Universal Credit stats
    23 Apr 2020 Economy
    DWP urged to ‘enhance trustworthiness’ by publishing more Universal Credit stats

    Watchdog raises "concerns" as department fails to publish promised data


    UC claims still topping 200,000 a week
    17 Apr 2020 Economy
    UC claims still topping 200,000 a week

    DWP to allow claimants to prove identity via Government Gateway in bid to cope with surging demand


    Ministers give green light for work on HS2 to begin immediately despite coronavirus lockdown
    15 Apr 2020 Economy
    Ministers give green light for work on HS2 to begin immediately despite coronavirus lockdown

    Minister says government cannot delay long term plans to 'level up' country


    Coronavirus crisis offers ‘rare chance’ for tax reform, says think-tank
    15 Apr 2020 Economy
    Coronavirus crisis offers ‘rare chance’ for tax reform, says think-tank

    Treasury and HMRC urged to build evidence base for change as support for better-funded public services is expected to grow


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