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    Economy

    The latest Economy news from Civil Service World
    HMRC estimates fraud in Covid schemes is ‘up to £6.4bn’
    21 Jul 2022 Economy
    HMRC estimates fraud in Covid schemes is ‘up to £6.4bn’
    Annual accounts get qualified sign-off because of pandemic programmes, corporation tax and personal tax credits issues
    Pay constraint 'unjust, unwise, and unfair', says Environment Agency chief Exclusive
    21 Jul 2022 Economy
    Pay constraint 'unjust, unwise, and unfair', says Environment Agency chief
    James Bevan says staff are "experiencing real hardship" as inflation bites, with some using foodbanks
    Chancellor tells Johnson to go as new education secretary resigns
    07 Jul 2022 Economy
    Chancellor tells Johnson to go as new education secretary resigns
    UK deserves a government that "acts with integrity", Nadhim Zahawi says less than 48 hours after being appointed
    Barclay named health secretary and Zahawi becomes chancellor as resignations continue
    06 Jul 2022 Economy
    Barclay named health secretary and Zahawi becomes chancellor as resignations continue
    Barclay's successor as Cabinet Office minister yet to be named
    Chancellor Rishi Sunak and health secretary Sajid Javid resign
    05 Jul 2022 Economy
    Chancellor Rishi Sunak and health secretary Sajid Javid resign
    Double resignation comes after Simon McDonald says No.10 was "not telling the truth" about Pincher affair
    Chancellor's economic adviser says he ‘expects’ to be made redundant
    30 Jun 2022 Economy
    Chancellor's economic adviser says he ‘expects’ to be made redundant
    Tim Leunig announces move to DHSC for six months to work on cancer, mental health and other issues before anticipated job cuts redundancy at Christmas
    New cost-of-living tsar called Boris Johnson a 'lame duck PM'
    15 Jun 2022 Economy
    New cost-of-living tsar called Boris Johnson a 'lame duck PM'
    Just Eat boss David Buttress has also said "Boris has to go" and called him a "dead man walking politically"
    BEIS picks new Competition and Markets Authority chair
    01 Jun 2022 Economy
    BEIS picks new Competition and Markets Authority chair
    The appointment will end an 18-month search for a new permanent chair
    BEIS 'offered open goal to fraudsters’ with Covid loan schemes
    19 May 2022 Economy
    BEIS 'offered open goal to fraudsters’ with Covid loan schemes
    Public Accounts Committee says the department officials failed to properly warn ministers of how severe potential fraud levels might be
    Cost of living: Gove dismisses emergency budget speculation as government insists 'money is finite'
    11 May 2022 Economy
    Cost of living: Gove dismisses emergency budget speculation as government insists 'money is finite'
    PM's pledge that "we will be saying more and doing more" to tackle soaring costs does not mean an emergency budget is coming
    Queen’s Speech: Government pledges to ‘grow and strengthen economy’ amid cost-of-living crisis
    10 May 2022 Economy
    Queen’s Speech: Government pledges to ‘grow and strengthen economy’ amid cost-of-living crisis
    Speech includes no new measures despite saying ministers understand "how the rising cost of living is making life harder for people"
    Ageing DWP IT 'stopped Sunak raising benefits to keep pace with inflation'
    10 May 2022 Economy
    Ageing DWP IT 'stopped Sunak raising benefits to keep pace with inflation'
    Reports claim chancellor was advised that payments of legacy benefits could only be increased once a year
    A third of departments set to miss annual report deadline, Treasury says
    26 Apr 2022 Economy
    A third of departments set to miss annual report deadline, Treasury says
    2021-22 reports will include statements on the impact of the pandemic on departmental goals plus a fraud-and-error analysis of Covid schemes
    Preferred site for Treasury’s Darlington base revealed
    12 Apr 2022 Economy
    Preferred site for Treasury’s Darlington base revealed
    Former car park is top pick for the exchequer’s northern home
    Shapps announces crackdown on ferry firms to combat ‘outrageous’ P&O sackings
    31 Mar 2022 Economy
    Shapps announces crackdown on ferry firms to combat ‘outrageous’ P&O sackings
    HMRC will target resources at companies’ minimum-wage compliance and Insolvency Service will explore Hebblethwaite ban
    Spring Statement: Below-inflation civil service pay awards ‘seem a certainty’
    25 Mar 2022 Economy
    Spring Statement: Below-inflation civil service pay awards ‘seem a certainty’
    Union chief says further restraint will be “catastrophic” for public sector workers
    Spring Statement: Sunak’s silence on departmental spending ‘signals new squeeze’
    24 Mar 2022 Economy
    Spring Statement: Sunak’s silence on departmental spending ‘signals new squeeze’
    Institute for Fiscal Studies says lack of new cash chips 10% off Spending Review settlements
    Treasury to crowdsource ideas from civil servants as part of £5.5bn waste cut plans
    21 Mar 2022 Economy
    Treasury to crowdsource ideas from civil servants as part of £5.5bn waste cut plans
    Winners will be selected this summer and the best ideas will become government policy
    British Business Bank chiefs question ex-minister’s claims on Covid loan fraud data
    16 Mar 2022 Economy
    British Business Bank chiefs question ex-minister’s claims on Covid loan fraud data
    Barclays boss tells MPs that HMRC could have given more anti-fraud help
    Civil servants accused of ‘paranoid risk aversion’ over Covid support schemes
    15 Mar 2022 Economy
    Civil servants accused of ‘paranoid risk aversion’ over Covid support schemes
    Ex-minister says entire board of British Business Bank should be sacked for Bounce Back Loan failings
    DWP does not know what impact ‘chaotic’ Kickstart scheme is having due to lack of basic monitoring
    25 Feb 2022 Economy
    DWP does not know what impact ‘chaotic’ Kickstart scheme is having due to lack of basic monitoring
    Public Accounts Committee says scheme was set up “with good intentions but no proper way of measuring its success”
    Government isn’t ‘getting the best’ out of the civil service, Tory grandee says
    09 Feb 2022 Economy
    Government isn’t ‘getting the best’ out of the civil service, Tory grandee says
    Levelling-up agenda will require concerted action to mobilise departments, says former Wales secretary John Redwood
    Minister quits over BEIS and Treasury fraud failings
    25 Jan 2022 Economy
    Minister quits over BEIS and Treasury fraud failings
    Cross-government efficiency chief Agnew says he couldn’t get officials to "lift their game"
    DIT launches search for ‘next generation’ of trade negotiators
    20 Jan 2022 Economy
    DIT launches search for ‘next generation’ of trade negotiators
    Post-Brexit programme offers up to £35k a year to latest wave of trainees
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