New fiscal framework becomes law as MPs back Charter for Budget Responsibility
30 Jan 2025 Economy
New fiscal framework becomes law as MPs back Charter for Budget Responsibility
MPs approve charter designed to create a "stable and predictable fiscal policy environment"
Reeves: Green book refresh will ‘deliver fair hearing' for all regions
29 Jan 2025 Economy
Reeves: Green book refresh will ‘deliver fair hearing' for all regions
Green Book update to report back in June Spending review
Borrowing cost hikes raise spectre of new public spending cuts
10 Jan 2025 Economy
Borrowing cost hikes raise spectre of new public spending cuts
IFS warns pressures are putting chancellor Rachel Reeves's "razor-thin" budget balance at risk
Inaugural DBT analysis prize winner announced
20 Dec 2024 Economy
Inaugural DBT analysis prize winner announced
Perm sec says officials will use research "to help unblock barriers through policy as part of wider plan to drive economic growth"
Treasury recruiting for new second perm sec
18 Dec 2024 Economy
Treasury recruiting for new second perm sec
Treasury is looking for candidates with "deep financial, business, commercial and analytical experience"
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