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    Economy

    The latest Economy news from Civil Service World
    The UK must reform its institutions if it wants to secure sustainable economic growth, says the LSE’s Growth Commission
    24 Sep 2013 Economy
    The UK must reform its institutions if it wants to secure sustainable economic growth, says the LSE’s Growth Commission

    The UK economy is stumbling back into growth, but still remains over three per cent smaller than it was before the global financial crisis in 2008. Real wages have declined in this period – the worse squeeze in living standards for a generation.


    Review calls for an independent infrastructure commission
    05 Sep 2013 Economy
    Review calls for an independent infrastructure commission

    An independent national infrastructure commission should be set up to evaluate the UK’s long-term infrastructure needs, according to a report published today by Sir John Armitt, former chairman of the Olympic Delivery Authority and ex-chief executive of Network Rail.


    Interview: Jane Platt, NS&I
    17 Jul 2013 Economy
    Interview: Jane Platt, NS&I

    Jane Platt is chief executive of NS&I, Britain’s venerable state-owned savings bank. She talks to Joshua Chambers about keeping rival financial institutions sweet, diversity in the City, and the future for arm’s-length bodies.


    Interview: Mark Russell, Shareholder Executive
    03 Jul 2013 Economy
    Interview: Mark Russell, Shareholder Executive

    As chief executive of the Shareholder Executive, Mark Russell is responsible for overseeing the running of more than 20 government-owned businesses. Joshua Chambers meets him to discuss transparency, pay and privatisation


    Spending Review 2013: departmental breakdowns
    27 Jun 2013 Economy
    Spending Review 2013: departmental breakdowns

    CSW sets out the Spending Review’s main implications for each department below, covering the changes in their resource and capital DEL, their administration budgets, and explaining the main policy and operational challenges facing civil servants.


    Interview: Shaun Kingsbury, Green Investment Bank
    25 Jun 2013 Economy
    Interview: Shaun Kingsbury, Green Investment Bank

    The coalition’s Green Investment Bank has been tasked with boosting private investment in the green economy – a high-potential sector constrained by limited finance. Winnie Agbonlahor meets chief executive Shaun Kingsbury.


    Spending Review: deep admin cuts ahead
    23 Jun 2013 Economy
    Spending Review: deep admin cuts ahead

    Battered departmental administration budgets received a further pounding in today’s 2015-16 spending round, with the Home Office (HO), Cabinet Office (CO) and Department for Work and Pensions (DWP) seeing punishing settlements that will accelerate civil service cuts as we approach the end of the Parliament.


    Labour pledge further Whitehall cuts
    04 Jun 2013 Economy
    Labour pledge further Whitehall cuts

    The Labour party would consider merging “management and bureaucracy” across government departments, agencies and other public services as part of a “zero based spending review” if it wins power at the next election, shadow chancellor Ed Balls said yesterday.


    An engine for economic growth
    14 May 2013 Economy
    An engine for economic growth

    Aeronautics are a good example of a new form of partnership between government and industry. Suzannah Brecknell looks at the levers which can enable Whitehall and business to effectively work togeth


    New structure to help plan for long term
    25 Apr 2013 Economy
    New structure to help plan for long term

    The Cabinet Office has established a new structure, chaired by cabinet secretary Sir Jeremy Heywood, to improve government’s long term planning, Civil Service World can reveal.


    Looking beyond the horizon
    25 Apr 2013 Economy
    Looking beyond the horizon

    Government must plan ahead for long-term social, economic and environmental change, so it employs ‘horizon scanners’ to predict likely scenarios. Joshua Chambers looks at what the future holds for this unusual profession.


    Datamarket sweep
    02 Apr 2013 Economy
    Datamarket sweep

    Under the coalition’s open data agenda, the trading funds are being encouraged to release more information without charge. But if they give away their biggest asset for free, how can they earn a living? Winnie Agbonlahor reports.


    McCrae: Abolish the Budget, it's archaic
    27 Mar 2013 Economy
    McCrae: Abolish the Budget, it's archaic

    The annual drama of the Budget is a dysfunctional relic and should be scrapped, says Julian McCrae. Ministers and civil servants have bigger – and more nourishing – fish to fry.


    Osborne’s Budget targets pay progression and plans to control AME more tightly
    27 Mar 2013 Economy
    Osborne’s Budget targets pay progression and plans to control AME more tightly

    The civil service pay cap will continue for an extra year, limiting pay increases to an average of one per cent per year until 2015-16, and the government will also seek to end automatic pay rises for all civil servants, chancellor George Osborne announced in his Budget last week.


    Budget 2013: Pay cap continues, progression arrangements to be reformed
    20 Mar 2013 Economy
    Budget 2013: Pay cap continues, progression arrangements to be reformed

    The civil service pay cap will continue for an extra year, and the government will also reform automatic pay rises for all civil servants, chancellor George Osborne announced in his budget today.


    Interview: Philip Rutnam
    20 Mar 2013 Economy
    Interview: Philip Rutnam

    While America’s Californian rappers battle their East Coast rivals, transport chief Philip Rutnam has his own West Coast struggle: the effort to restore his department’s reputation after its rail franchise failure. Matt Ross meets him


    Departments face further cuts to fund infrastructure investment
    19 Mar 2013 Economy
    Departments face further cuts to fund infrastructure investment

    Most central government departments will have to cut spending by two per cent over the next two years in order to fund a £2.5bn investment in infrastructure, it has been reported.


    Interview: Martin Donnelly
    28 Feb 2013 Economy
    Interview: Martin Donnelly

    The business department’s permanent secretary Martin Donnelly tells Suzannah Brecknell how his department is working to bring businesses and government together, creating strategies designed to kick start Britain's economic growth


    21 Feb 2013 Economy
    Treasury neglecting role as finance ministry, says PAC

    The Treasury’s financial accounts are “impenetrable” and the department is neglecting its duty to prevent poor spending decisions, according to a Public Accounts Committee (PAC) report published last Friday.


    Tax avoiders ‘run rings’ round government
    21 Feb 2013 Economy
    Tax avoiders ‘run rings’ round government
    PAC defended by Macpherson
    31 Jan 2013 Economy
    PAC defended by Macpherson

    Sir Nicholas Macpherson, the Treasury permanent secretary, last week praised the Public Accounts Committee (PAC) and the National Audit Office (NAO) for their work in holding departments to account despite the “discomfort” of his fellow permanent secretaries.


    Building a high-tech future
    31 Jan 2013 Economy
    Building a high-tech future

    The government says that boosting our high-tech industries is key to getting the country’s economy moving again. But do its deeds match its words? Jess Bowie examines Whitehall’s work to support innovative businesses.


    Perm Sec Round-Up: Sir Jeremy Heywood, Cabinet Secretary, 2012
    21 Dec 2012 Economy
    Perm Sec Round-Up: Sir Jeremy Heywood, Cabinet Secretary, 2012
    Perm Sec Round-Up: Professor Nigel Shadbolt, 2012
    19 Dec 2012 Economy
    Perm Sec Round-Up: Professor Nigel Shadbolt, 2012

    Professor Nigel Shadbolt

    UK Open Data Adviser; Chairman and Co-Founder of the Open Data Institute


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