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    Economy

    The latest Economy news from Civil Service World
    Treasury criticised by MPs over call to change Office for Budget Responsibility’s independent forecasts
    22 Feb 2016 Economy
    Treasury criticised by MPs over call to change Office for Budget Responsibility’s independent forecasts

    Treasury committee says 2014 intervention by then-chief secretary Danny Alexander “gives the appearance of a minister trying to lean on the OBR”


    Sue Cameron: The row over Google’s tax settlement with HMRC could have been avoided with a little more humility
    18 Feb 2016 Economy
    Sue Cameron: The row over Google’s tax settlement with HMRC could have been avoided with a little more humility

    Why did George Osborne and his officials not admit that the tax system is not fit for purpose in 21st century Britain?


    Peter Riddell: It’s early days for the English devolution agenda and the Treasury must keep a steady hand on the tiller
    16 Feb 2016 Economy
    Peter Riddell: It’s early days for the English devolution agenda and the Treasury must keep a steady hand on the tiller

    English devolution is a journey without a clear destination – producing a long overdue rebalancing of power, but within continuing tight financial constraints


    FDA union's Dave Penman: Plans to tear up the deal on civil service redundancy terms will undermine trust between politicians and public servants
    15 Feb 2016 Economy
    FDA union's Dave Penman: Plans to tear up the deal on civil service redundancy terms will undermine trust between politicians and public servants

    Over the last decade the civil service has managed significant reductions in headcount. Why place all of this in jeopardy?


    Public Accounts Committee chair Meg Hillier raises further questions about HMRC’s tax assurance commissioners
    12 Feb 2016 Economy
    Public Accounts Committee chair Meg Hillier raises further questions about HMRC’s tax assurance commissioners

    MP Meg Hillier tells CSW that public confidence in the way HM Revenue and Customs reaches settlement deals with large corporations will be an issue until there is greater transparency


    Public Accounts Committee challenges HMRC chief Lin Homer over Google tax settlement
    11 Feb 2016 Economy
    Public Accounts Committee challenges HMRC chief Lin Homer over Google tax settlement

    HMRC chief executive Dame Lin Homer has told members of the Public Accounts Committee that civil servants should be proud of progress in tackling tax avoidance on the part of large companies



     


    BIS estate to shrink from 80 sites to 'seven or eight', says minister Sajid Javid – as perm sec Martin Donnelly is pressed on Sheffield closure
    10 Feb 2016 Economy
    BIS estate to shrink from 80 sites to "seven or eight", says minister Sajid Javid – as perm sec Martin Donnelly is pressed on Sheffield closure

    90% of business department's sites to close under BIS 2020 programme, says Sajid Javid, as Martin Donnelly calls decision to shut Sheffield office "one of the most difficult" of his career


    Lord Maude to quit frontline politics
    10 Feb 2016 Economy
    Lord Maude to quit frontline politics

    Former Cabinet Office minister leaving trade post "pretty soon" to take on private sector and not-for-profit roles


    Crossrail: on time and on budget, is this how to get a major infrastructure project right?
    08 Feb 2016 Economy
    Crossrail: on time and on budget, is this how to get a major infrastructure project right?

    Crossrail, the capital’s new east-west rail link, is on track to open on time and on budget. As well as being a boon for commuters, it could also improve the UK’s reputation for delivering major infrastructure projects. Colin Marrs digs around for some lessons


    IFS: “Volatile” tax revenues could force George Osborne to make further spending cuts
    08 Feb 2016 Economy
    IFS: “Volatile” tax revenues could force George Osborne to make further spending cuts

    Institute for Fiscal Studies warns that “very inflexible” fiscal target could "come at a cost", while rising demand for services and public sector employment costs will make implementing cuts harder


    Government draws fire over “planned” Department for Work and Pensions directorship for Amazon boss
    04 Feb 2016 Economy
    Government draws fire over “planned” Department for Work and Pensions directorship for Amazon boss

    The anticipated decision to give Amazon director Douglas Gurr a non-executive role at the Department for Work and Pensions has been attacked because of the firm’s tax record


    EU referendum, then and now: Former cabinet secretary Lord Butler remembers the last time Britain went to the polls over membership of Europe
    04 Feb 2016 Economy
    EU referendum, then and now: Former cabinet secretary Lord Butler remembers the last time Britain went to the polls over membership of Europe

    David Cameron’s dilemma over the EU referendum bears striking similarities – and some notable differences – to that faced by Harold Wilson in 1975, says Robin Butler


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