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    Economy

    The latest Economy news from Civil Service World
    Lord Kerslake 'delighted' as government u-turns on union fee check-off
    19 Apr 2016 Economy
    Lord Kerslake "delighted" as government u-turns on union fee check-off

    Cabinet Office minister Lord Bridges confirms government rethink on plans to end automatic payroll deduction of union fees from public servants


    Treasury warns Brexit could hit public finances by £36bn a year – but eurosceptics blast 'shameful' use of government resources
    18 Apr 2016 Economy
    Treasury warns Brexit could hit public finances by £36bn a year – but eurosceptics blast "shameful" use of government resources

    George Osborne says Brexit would cause UK to "lose tens of billions of pounds in money for our public services" – but eurosceptic MP Bernard Jenkin says chancellor “should be ashamed of himself” for ordering civil servants to draw up Treasury analysis


    HMRC “has no clear strategy for dealing with tax fraud” – Public Accounts Committee
    15 Apr 2016 Economy
    HMRC “has no clear strategy for dealing with tax fraud” – Public Accounts Committee

    MPs demand tax agency improves “woefully inadequate” prosecutions record and says it should publish more straightforward details on the effectiveness of its work. But HMRC says it has been "relentless and strategic" in pursuing those who fail to pay their "fair share"


    Land Registry privatisation plan based on 'flawed' staffing assumptions – PCS
    14 Apr 2016 Economy
    Land Registry privatisation plan based on "flawed" staffing assumptions – PCS

    Civil service union PCS argues latest proposals do not take account of Land Registry's digital progress and could lead to a reduced capacity for statutory work


    Ex-Treasury chief Sir Nick Macpherson takes swipe at Iain Duncan Smith over resignation
    14 Apr 2016 Economy
    Ex-Treasury chief Sir Nick Macpherson takes swipe at Iain Duncan Smith over resignation

    Macpherson says IDS's resignation over Personal Independence Payments was an "interesting, postmodern" decision


    NAO: DECC's flagship Green Deal lacked targets, wasn't tested and didn't take evidence into account
    14 Apr 2016 Economy
    NAO: DECC's flagship Green Deal lacked targets, wasn't tested and didn't take evidence into account

    National Audit Office (NAO) report finds that each loan given out under the Department of Energy and Climate Change's Green Deal cost government £17,000, and flags poor use of evidence and testing when the scheme was designed 


    Panama Papers: HMRC chairman Edward Troup in the spotlight over former City role
    11 Apr 2016 Economy
    Panama Papers: HMRC chairman Edward Troup in the spotlight over former City role

    Troup faces media scrutiny over role at Simmons & Simmons – as HMRC points out his role "has never involved responsibility for operational activities or direct dealings with companies on their tax affairs"


    Panama Papers: Does HMRC have the resources to tackle offshore tax evasion?
    08 Apr 2016 Economy
    Panama Papers: Does HMRC have the resources to tackle offshore tax evasion?

    HMRC asks for access to the Panama Papers offshore leaks and vows to "relentlessly pursue" wrongdoing – but tax expert Richard Murphy says department "just hasn’t got the resources"


    Is it time the Treasury gave departments more say in setting budgets?
    08 Apr 2016 Economy
    Is it time the Treasury gave departments more say in setting budgets?

    From the editor: Iain Duncan Smith's resignation highlights the sheer power of the Treasury under George Osborne


    DCLG urged to clarify plans for flagship National Planning Policy Framework
    01 Apr 2016 Economy
    DCLG urged to clarify plans for flagship National Planning Policy Framework

    Communities and Local Government Committee says local authorities "must be able to have confidence in the effective operation" of the framework drawn up by central government to guide development decisions


    'The civil service will miss him' – former chancellor Alistair Darling on working with outgoing Treasury chief Sir Nick Macpherson
    31 Mar 2016 Economy
    "The civil service will miss him" – former chancellor Alistair Darling on working with outgoing Treasury chief Sir Nick Macpherson

    As the Treasury's permanent Nick Macpherson this week departs the civil service after more than a decade as the department's most senior official, here's our full conversation with his former boss as chancellor, Alistair Darling – who worked with Macpherson as the Treasury grappled with the 2007-8 global economic crisis


    HMRC agrees early end to £10bn Aspire IT contract
    31 Mar 2016 Economy
    HMRC agrees early end to £10bn Aspire IT contract

    Decade-long IT contract – underpinning £500bn in tax revenue – to come to an early end


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