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    Economy

    The latest Economy news from Civil Service World
    Eurostar sale shows government still 'undervaluing assets', warns public accounts commitee
    20 Jan 2016 Economy
    Eurostar sale shows government still "undervaluing assets", warns public accounts commitee

    Report by MPs says Eurostar sale was managed well but that government used "over cautious assumptions" and should do more to build in-house corporate finance knowledge


    Blockchain pilots should form part of city deals, says government chief scientific adviser Sir Mark Walport
    19 Jan 2016 Economy
    Blockchain pilots should form part of city deals, says government chief scientific adviser Sir Mark Walport

    Government should be trialling use of distributed ledger technologies to improve welfare payments, according to a report published today


    Peter Riddell: As the Treasury's top official Nick Macpherson prepares to leave the civil service, what's next for Whitehall's most powerful department?
    18 Jan 2016 Economy
    Peter Riddell: As the Treasury's top official Nick Macpherson prepares to leave the civil service, what's next for Whitehall's most powerful department?

    Sir Nicholas Macpherson – the longest serving Treasury perm sec for sixty years – can be credited with overseeing the rebuilding of the finance ministry. But his successor faces a formidable in-tray


    Water regulator Ofwat under fire over high customer bills
    13 Jan 2016 Economy
    Water regulator Ofwat under fire over high customer bills

    MPs on the Public Accounts Committee says the industry regulator is failing to ensure savings are passed on


    Fall in Whitehall consultancy spend going into reverse — NAO
    13 Jan 2016 Economy
    Fall in Whitehall consultancy spend going into reverse — NAO

    New report by the National Audit Office spending watchdog finds that while departmental spending on consultants and temporary staff has plummeted over last five years, latest figures indicate a “short-term reduction rather than a sustainable strategy”


    Good luck, Bob Kerslake – others have tried to rein in the Treasury and failed
    05 Jan 2016 Economy
    Good luck, Bob Kerslake – others have tried to rein in the Treasury and failed

    Labour’s new commission – led by the former head of the civil service – can learn a host of lessons from previous bids to wrest power from the chancellor, says our columnist Sue Cameron


    Treasury permanent secretary Nicholas Macpherson to leave Whitehall in March
    04 Jan 2016 Economy
    Treasury permanent secretary Nicholas Macpherson to leave Whitehall in March

    Chancellor George Osborne pays tribute to "one of the outstanding public servants of his generation" as Macpherson announces his departure from the civil service


    Government borrowing for November worse than expected, new figures show
    22 Dec 2015 Economy
    Government borrowing for November worse than expected, new figures show

    Treasury says "one-off" factors to blame for higher-than-forecast public borrowing


    Project management in the new parliament: the journey towards creating career paths in delivery
    21 Dec 2015 Economy
    Project management in the new parliament: the journey towards creating career paths in delivery

    What skills and capabilities are required for overseeing major government projects – and is there a clear enough career path for project managers in the civil service? Colin Marrs reports from a recent CSW round table


    HMRC chief Lin Homer on 2015: 'We had a big wobble on customer service – but we've learnt some things about transition'
    21 Dec 2015 Economy
    HMRC chief Lin Homer on 2015: "We had a big wobble on customer service – but we've learnt some things about transition"

    With the end of 2015 in sight, we asked Whitehall's top officials to review the year, set out their priorities for 2016 – and shed some light on their festive plans. HM Revenue and Customs (HMRC) chief executive Lin Homer takes part in our biggest-ever perm secs' round-up series...


    DfT's Phil Graham stepping up to lead National Infrastructure Commission
    21 Dec 2015 Economy
    DfT's Phil Graham stepping up to lead National Infrastructure Commission

    Senior Department for Transport official – who has served as deputy director for high speed rail strategy – will head up George Osborne's Commission


    Dave Penman: More generous terms than the private sector? The Treasury needs to stop cherry-picking examples
    14 Dec 2015 Economy
    Dave Penman: More generous terms than the private sector? The Treasury needs to stop cherry-picking examples

    Ministers keep talking about hammering down public sector terms to private sector levels, while dreaming up new exemptions in order to compete


    Heywood and Manzoni respond after Spending Review blog met with fury by civil servants
    09 Dec 2015 Economy
    Heywood and Manzoni respond after Spending Review blog met with fury by civil servants

    Furious online reaction to Spending Review blog prompts response by cabinet secretary Sir Jeremy Heywood and civil service chief executive John Manzoni – with the pair emphasising areas where civil service is more flexible than the private sector


    Government 'exceeds SME spending target' - Cabinet Office figures
    07 Dec 2015 Economy
    Government "exceeds SME spending target" - Cabinet Office figures

    Civil service chief executive John Manzoni says government "making good" on promise to open up public sector procurement to smaller firms


    ONS move out of London “undermined UK statistics” – report
    03 Dec 2015 Economy
    ONS move out of London “undermined UK statistics” – report

    Report by former deputy governor of the Bank of England says 90% of ONS staff were “unwilling to move” out of London, leading to a “loss of knowledge and experience”


    George Osborne 'seeking fresh curbs to civil service redundancy pay'
    02 Dec 2015 Economy
    George Osborne "seeking fresh curbs to civil service redundancy pay"

    Amid reports chancellor looking to cut voluntary civil service redundancy payouts by a further six months – a move first floated in 2010 – unions warn of "war by the government against its own staff"


    Bob Kerslake sheds light on his review of the Treasury for Labour's John McDonnell
    01 Dec 2015 Economy
    Bob Kerslake sheds light on his review of the Treasury for Labour's John McDonnell

    Former head of the civil service drafts in TUC chief Frances O'Grady and ex-KPMG deputy Alan Buckle to assess whether the Treasury is "fit for purpose"


    IFS on the Spending Review: “Lucky” Osborne has eased the squeeze – but chancellor may have to revisit cuts plan
    26 Nov 2015 Economy
    IFS on the Spending Review: “Lucky” Osborne has eased the squeeze – but chancellor may have to revisit cuts plan

    Institute for Fiscal Studies says talk of "end to austerity" is premature


    George Osborne: Spending Review does not mean end to “difficult choices” for departments
    26 Nov 2015 Economy
    George Osborne: Spending Review does not mean end to “difficult choices” for departments

    Chancellor eyes more austerity in first interview since yesterday’s cuts announcements – while the IFS says departmental settlement is "very, very tight"


    Government 'set to breach welfare spending cap'
    25 Nov 2015 Economy
    Government "set to breach welfare spending cap"

    Ministers reportedly seeking vote on the self-imposed welfare cap after tax credits rethink


    Spending Review 2015: What we know so far
    25 Nov 2015 Economy
    Spending Review 2015: What we know so far

    CSW rounds up the big Spending Review stories and analysis ahead of the chancellor's statement to the Commons at 12:30pm


    National Audit Office: Department for Transport has learned lessons from West Coast rail debacle – but risks remain
    24 Nov 2015 Economy
    National Audit Office: Department for Transport has learned lessons from West Coast rail debacle – but risks remain

    The Department for Transport has addressed the causes of the failed West Coast rail franchise, the NAO spending watchdog finds – but risks remain to future competitions as work on HS2 delays the new West Coast franchise by six months


    Jane Dudman: Evidence-based budgeting? George Osborne's approach to the Spending Review leaves much to be desired
    20 Nov 2015 Economy
    Jane Dudman: Evidence-based budgeting? George Osborne's approach to the Spending Review leaves much to be desired

    Opinion: A private business of comparable size would give as much data as possible to its leaders, to enable them to assess competing priorities


    Stian Westlake: Is it time to break up the Treasury?
    19 Nov 2015 Economy
    Stian Westlake: Is it time to break up the Treasury?

    As the Spending Review looms, Stian Westlake of Nesta argues that reducing the influence of the Treasury could replace the essay-crisis drama of Budgets and Autumn Statements with a more thoughtful budgetary process


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