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    Economy

    The latest Economy news from Civil Service World
    Barton: FCDO needs new funding model
    19 Nov 2024 Economy
    Barton: FCDO needs new funding model
    Department will require hundreds of millions of pounds more after 2026-27, perm sec says
    'The Treasury acted within the law’: Bowler defends officials over Spring Budget preparations
    07 Nov 2024 Economy
    'The Treasury acted within the law’: Bowler defends officials over Spring Budget preparations
    Perm sec says previous budget framework put more onus on OBR to ask questions than HMT to provide information on its own initiative
    OBR chair predicts 'challenging' 2025 Spending Review for departments
    05 Nov 2024 Economy
    OBR chair predicts 'challenging' 2025 Spending Review for departments
    Richard Hughes tells MPs that unprotected departments will be facing real-terms cuts of 1% towards the end of the decade
    Budget: Reeves faces backlash from health and care services over NI hikes
    01 Nov 2024 Economy
    Budget: Reeves faces backlash from health and care services over NI hikes
    GPs and hospices say failure to include them in "public sector compensation" arrangements will have dire consequences
    ‘Shameful’: Budget decision to reduce foreign aid slammed
    01 Nov 2024 Economy
    ‘Shameful’: Budget decision to reduce foreign aid slammed
    Government also criticised for lack of reform to ODA spending rules
    Budget: Unprotected departments facing 1.4% cuts from 2026, IFS warns
    31 Oct 2024 Economy
    Budget: Unprotected departments facing 1.4% cuts from 2026, IFS warns
    OBR chair says frontloading of departmental spending allocations is "remarkable"
    Budget: Departments' day-to-day spending to rise 1.5% in real terms
    30 Oct 2024 Economy
    Budget: Departments' day-to-day spending to rise 1.5% in real terms
    Total departmental spending will rise by an average of 1.5% a year over the next five years, chancellor announces, with higher rises in the next two years
    Office for Value for Money to play key role in SR25 as first-year saving plans confirmed
    30 Oct 2024 Economy
    Office for Value for Money to play key role in SR25 as first-year saving plans confirmed
    Chancellor confirms David Goldstone as first chair of new body which will carry out value for money assessments of high risk spending
    Hunt goes on attack ahead of OBR report on last government's spending plans
    29 Oct 2024 Economy
    Hunt goes on attack ahead of OBR report on last government's spending plans
    Ex-chancellor says watchdog's impartiality – and that of the civil service – is at risk in letter to cabinet secretary
    Budget: Reeves confirms she will change fiscal rules to boost investment
    25 Oct 2024 Economy
    Budget: Reeves confirms she will change fiscal rules to boost investment
    Debt measurement tweak could give government headroom for around £50bn of extra investment
    Budget: Reeves says all department spending settlements have been agreed
    23 Oct 2024 Economy
    Budget: Reeves says all department spending settlements have been agreed
    Chancellor is reportedly seeking to plug a funding gap of £40bn in next week's budget
    DWP watchdog seeks 'urgent reassurance' over pension credit capacity
    21 Oct 2024 Economy
    DWP watchdog seeks 'urgent reassurance' over pension credit capacity
    Social Security Advisory Committee raises concern about department's ability to process pension credit claims "in a timely way” and potential impact on winter fuel payments
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