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    Economy

    The latest Economy news from Civil Service World
    HMRC claims Making Tax Digital has generated £200m-plus in extra revenue
    10 Jun 2020 Economy
    HMRC claims Making Tax Digital has generated £200m-plus in extra revenue

    Number of personal tax accounts surpasses 20 million


    Ministers draft in business chiefs for coronavirus economic plan as Johnson ‘eyes July recovery speech’
    08 Jun 2020 Economy
    Ministers draft in business chiefs for coronavirus economic plan as Johnson ‘eyes July recovery speech’

    Details emerge as SAGE member says government was too slow to enter lockdown


    More than 1m people risk being ‘plunged into poverty’ due to the coronavirus crisis, think tank warns
    04 Jun 2020 Economy
    More than 1m people risk being ‘plunged into poverty’ due to the coronavirus crisis, think tank warns

    Rise partly mitigated by Universal Credit changes announced in March, according to analysis


    Non-essential shops can open from 15 June if they are ‘Covid secure’, Boris Johnson says
    26 May 2020 Economy
    Non-essential shops can open from 15 June if they are ‘Covid secure’, Boris Johnson says

    New guidelines to be published by governemnt as part of retail re-opening


    Brexit: Michael Gove says there will be ‘additional new processes’ at Northern Ireland border
    21 May 2020 Economy
    Brexit: Michael Gove says there will be ‘additional new processes’ at Northern Ireland border

    Cabinet Office minister says there will be “some limited additional process on goods arriving in Northern Ireland” under the Brexit deal


    Coronavirus spending: 11 ministerial directions issued to perm secs so far, NAO finds
    21 May 2020 Economy
    Coronavirus spending: 11 ministerial directions issued to perm secs so far, NAO finds

    "The costs of government’s response are large and uncertain," public spending watchdog says


    Treasury ‘considering tax rises and public sector wage freezes’ to pay £300bn coronavirus bill, leaked document shows
    13 May 2020 Economy
    Treasury ‘considering tax rises and public sector wage freezes’ to pay £300bn coronavirus bill, leaked document shows

    Leaked document says measures needed to "enhance credibility and boost investor confidence"


    Departmental taskforces to chart routes out of lockdown for sectors closed by coronavirus
    13 May 2020 Economy
    Departmental taskforces to chart routes out of lockdown for sectors closed by coronavirus

    Minister-led groups to tackle changes faced by aviation industry, shops, pubs and other sectors affected by coronavirus


    Government to scrap ‘stay at home’ message with plan to ease lockdown – starting with more exercise and sunbathing in parks
    07 May 2020 Economy
    Government to scrap ‘stay at home’ message with plan to ease lockdown – starting with more exercise and sunbathing in parks

    Cabinet considers plans ahead of prime ministerial statement on Sunday, with new 'Stay Safe, Save Lives' message


    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


    Tax reform group lauds work of civil servants in coronavirus crisis
    12 Apr 2020 Economy
    Tax reform group lauds work of civil servants in coronavirus crisis

    Low Incomes Tax Reform Group applauds round-the-clock efforts of ‘invisible cohort’ of departmental staff


    They stood up to be counted, now let's stand up to clap for them: Leigh Lewis on the extraordinary work of civil servants tackling coronavirus
    06 Apr 2020 Economy
    They stood up to be counted, now let's stand up to clap for them: Leigh Lewis on the extraordinary work of civil servants tackling coronavirus

    "All over government, people are being asked to deliver the totally impossible at unimaginable speed."


    Government urged to shift staff from businesses closed by coronavirus to priority sectors
    26 Mar 2020 Economy
    Government urged to shift staff from businesses closed by coronavirus to priority sectors

    IFS says a job-matching scheme could provide staffing boost in priority areas like the NHS and supermarkets


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