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    Economy

    The latest Economy news from Civil Service World
    Cost of living: Civil servants reminded of 'financial lifelines' as cab sec admits 'people are worried' Exclusive
    23 Aug 2022 Economy
    Cost of living: Civil servants reminded of 'financial lifelines' as cab sec admits 'people are worried'
    "We benefit ourselves from the very schemes and support packages that we have helped to put in place," Simon Case says
    Cabinet Office to lose 25% of staff in civil service job-cut drive, Rees-Mogg says
    19 Aug 2022 Economy
    Cabinet Office to lose 25% of staff in civil service job-cut drive, Rees-Mogg says
    Department to “lead by example” in headcount reduction, minister says, in attack on "bureaucratic bloat of Whitehall"
    Ofgem board member quits over handling of price cap
    18 Aug 2022 Economy
    Ofgem board member quits over handling of price cap
    Non-exec director says energy regulator has “failed to strike the right balance” between interests of consumers and suppliers
    Redundancy reform: ministers ‘want civil service job cuts on the cheap’
    16 Aug 2022 Economy
    Redundancy reform: ministers ‘want civil service job cuts on the cheap’
    Government accused of treating staff with "disdain" after proposing Civil Service Compensation Scheme changes
    Redundancy payments could be slashed as departments eye staff cuts
    15 Aug 2022 Economy
    Redundancy payments could be slashed as departments eye staff cuts
    Civil Service Compensation Scheme changes set out in new consultation document would worsen 2010 terms
    Cost of living crisis: One in 12 civil servants 'using food banks'
    09 Aug 2022 Economy
    Cost of living crisis: One in 12 civil servants 'using food banks'
    Exodus as 38% of officials responding to union survey say they are looking for jobs outside civil service
    Cutting 91,000 jobs ‘would hit services and could cost £2bn in redundancies’
    08 Aug 2022 Economy
    Cutting 91,000 jobs ‘would hit services and could cost £2bn in redundancies’
    Treasury "goes cold” on the headcount reduction plan following Steve Barclay review
    Chancellor confirms permanent home for Treasury's Darlington base
    26 Jul 2022 Economy
    Chancellor confirms permanent home for Treasury's Darlington base
    Office for 1,100 officials will be built on empty car park
    Defra drops bid for higher pay rises, blaming 'escalating inflation' Exclusive
    22 Jul 2022 Economy
    Defra drops bid for higher pay rises, blaming 'escalating inflation'
    Economic pressure has made it "extremely unlikely" Cabinet Office and Treasury will sign off on pay-flexibility case, remuneration committee says
    Treasury spending chief sounds alarm on inflationary pressures facing departments
    22 Jul 2022 Economy
    Treasury spending chief sounds alarm on inflationary pressures facing departments
    Cat Little says some parts of government are “struggling” to evidence the impact of spiralling prices
    HMRC estimates fraud in Covid schemes is ‘up to £6.4bn’
    21 Jul 2022 Economy
    HMRC estimates fraud in Covid schemes is ‘up to £6.4bn’
    Annual accounts get qualified sign-off because of pandemic programmes, corporation tax and personal tax credits issues
    Pay constraint 'unjust, unwise, and unfair', says Environment Agency chief Exclusive
    21 Jul 2022 Economy
    Pay constraint 'unjust, unwise, and unfair', says Environment Agency chief
    James Bevan says staff are "experiencing real hardship" as inflation bites, with some using foodbanks
    Chancellor tells Johnson to go as new education secretary resigns
    07 Jul 2022 Economy
    Chancellor tells Johnson to go as new education secretary resigns
    UK deserves a government that "acts with integrity", Nadhim Zahawi says less than 48 hours after being appointed
    Barclay named health secretary and Zahawi becomes chancellor as resignations continue
    06 Jul 2022 Economy
    Barclay named health secretary and Zahawi becomes chancellor as resignations continue
    Barclay's successor as Cabinet Office minister yet to be named
    Chancellor Rishi Sunak and health secretary Sajid Javid resign
    05 Jul 2022 Economy
    Chancellor Rishi Sunak and health secretary Sajid Javid resign
    Double resignation comes after Simon McDonald says No.10 was "not telling the truth" about Pincher affair
    Chancellor's economic adviser says he ‘expects’ to be made redundant
    30 Jun 2022 Economy
    Chancellor's economic adviser says he ‘expects’ to be made redundant
    Tim Leunig announces move to DHSC for six months to work on cancer, mental health and other issues before anticipated job cuts redundancy at Christmas
    New cost-of-living tsar called Boris Johnson a 'lame duck PM'
    15 Jun 2022 Economy
    New cost-of-living tsar called Boris Johnson a 'lame duck PM'
    Just Eat boss David Buttress has also said "Boris has to go" and called him a "dead man walking politically"
    BEIS picks new Competition and Markets Authority chair
    01 Jun 2022 Economy
    BEIS picks new Competition and Markets Authority chair
    The appointment will end an 18-month search for a new permanent chair
    BEIS 'offered open goal to fraudsters’ with Covid loan schemes
    19 May 2022 Economy
    BEIS 'offered open goal to fraudsters’ with Covid loan schemes
    Public Accounts Committee says the department officials failed to properly warn ministers of how severe potential fraud levels might be
    Cost of living: Gove dismisses emergency budget speculation as government insists 'money is finite'
    11 May 2022 Economy
    Cost of living: Gove dismisses emergency budget speculation as government insists 'money is finite'
    PM's pledge that "we will be saying more and doing more" to tackle soaring costs does not mean an emergency budget is coming
    Queen’s Speech: Government pledges to ‘grow and strengthen economy’ amid cost-of-living crisis
    10 May 2022 Economy
    Queen’s Speech: Government pledges to ‘grow and strengthen economy’ amid cost-of-living crisis
    Speech includes no new measures despite saying ministers understand "how the rising cost of living is making life harder for people"
    Ageing DWP IT 'stopped Sunak raising benefits to keep pace with inflation'
    10 May 2022 Economy
    Ageing DWP IT 'stopped Sunak raising benefits to keep pace with inflation'
    Reports claim chancellor was advised that payments of legacy benefits could only be increased once a year
    A third of departments set to miss annual report deadline, Treasury says
    26 Apr 2022 Economy
    A third of departments set to miss annual report deadline, Treasury says
    2021-22 reports will include statements on the impact of the pandemic on departmental goals plus a fraud-and-error analysis of Covid schemes
    Preferred site for Treasury’s Darlington base revealed
    12 Apr 2022 Economy
    Preferred site for Treasury’s Darlington base revealed
    Former car park is top pick for the exchequer’s northern home
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