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    Economics

    Keep up-to-date with the latest Economics news from Civil Service World
    Spring Budget: Government launches new savings tracker amid departmental spending squeeze
    15 Mar Economics

    Spring Budget: Government launches new savings tracker amid departmental spending squeeze

    IFS warns defence and childcare boosts could mean “very tough time for other spending areas”
    by Tevye Markson
    Spring Budget defence and childcare boosts 'mean spending cuts elsewhere'
    16 Mar Economics
    Spring Budget defence and childcare boosts 'mean spending cuts elsewhere'
    Hunt urged to 'think twice' about closing Office of Tax Simplification
    14 Mar Economics
    Hunt urged to 'think twice' about closing Office of Tax Simplification
    DIT seeks £145k chief operating officer despite looming demise
    24 Feb Economics
    DIT seeks £145k chief operating officer despite looming demise
    Treasury launches hunt for next chief economic adviser
    23 Jan Economics
    Treasury launches hunt for next chief economic adviser
    Department offers up to £125k a year for Clare Lombardelli’s successor
    Treasury’s top economic adviser to leave for OECD
    13 Jan Economics
    Treasury’s top economic adviser to leave for OECD
    Clare Lombardelli will become OECD chief economist in spring, after 18 years in the civil service
    'Some of the Treasury's hardest decisions are yet to come': Cat Little looks ahead
    04 Jan Economics
    'Some of the Treasury's hardest decisions are yet to come': Cat Little looks ahead
    The Treasury second perm sec says resilience is needed after "what feels like concurrent crises over an extended period"
    Treasury perm sec James Bowler: Tom Scholar's departure ‘was not normal’
    13 Dec 2022 Economics
    Treasury perm sec James Bowler: Tom Scholar's departure ‘was not normal’
    Top Treasury officials also say they "gave all the advice they should have done" ahead of disastrous mini-budget
    Autumn Statement: IFS flags renewed pressure on civil service jobs
    18 Nov 2022 Economics
    Autumn Statement: IFS flags renewed pressure on civil service jobs
    Institute for Fiscal Studies warns that government will have to pick between low pay awards, job cuts or worse services
    Autumn Statement: Pay is elephant in room for ‘protected’ departmental budgets
    18 Nov 2022 Economics
    Autumn Statement: Pay is elephant in room for ‘protected’ departmental budgets
    IFS warns civil service will face biggest pressures after 2024-25 under 1% growth plan
    DWP and HMRC get cash boost for 6,000 new staff to tackle fraud, error and tax dodging
    17 Nov 2022 Economics
    DWP and HMRC get cash boost for 6,000 new staff to tackle fraud, error and tax dodging
    Autumn Statement brings £300m for recruitment drive – but departments will be told to find savings elsewhere
    Sunak warns of ‘difficult decisions’ in first words as PM
    25 Oct 2022 Economics
    Sunak warns of ‘difficult decisions’ in first words as PM
    Downing Street speech acknowledges Truss and Kwarteng “mistakes” but insists 2019 general-election manifesto is a valid mandate
    Unlike the farce at Westminster, public sector cuts are no joke
    21 Oct 2022 Economics
    Unlike the farce at Westminster, public sector cuts are no joke
    Jeremy Hunt has been dealt a difficult hand. But with no PM, it's hard to see what authority the chancellor has to make these serious decisions
    Jeremy Hunt denies return to austerity as spending cuts loom
    18 Oct 2022 Economics
    Jeremy Hunt denies return to austerity as spending cuts loom
    Chancellor says "eye-watering" decisions ahead as he is accused of unveiling "austerity season two"
    Departments brace for cuts as Hunt scraps tax measures
    17 Oct 2022 Economics
    Departments brace for cuts as Hunt scraps tax measures
    Chancellor tears apart 'mini-budget' and tells departments to find "efficiency savings"
    Liz Truss has promised to 'grow the pie'. But which pie?
    17 Oct 2022 Economics
    Liz Truss has promised to 'grow the pie'. But which pie?
    The government has placed growth at the centre of its plans, but what sort of growth? And who really creates value and wealth? Professor Colin Talbot explores the often-neglected parts of our economy to explain why increasing value is not just about growing GDP
    'Difficult decisions needed': Truss walks back on spending cuts pledge
    13 Oct 2022 Economics
    'Difficult decisions needed': Truss walks back on spending cuts pledge
    Departments face uncertainty over their budgets amid economic crisis
    Truss insists she won't cut public spending to pay for mini-budget
    12 Oct 2022 Economics
    Truss insists she won't cut public spending to pay for mini-budget
    Government will reduce debt by "making sure we spend public money well", PM says
    Departments could face funding cuts of 15%, IFS warns
    11 Oct 2022 Economics
    Departments could face funding cuts of 15%, IFS warns
    Inflation could mean “hidden” austerity if spending settlements remain unchanged, as think tank predicts £62bn of “fiscal tightening” needed
    Bank of England warns of 'material risk to financial stability'
    11 Oct 2022 Economics
    Bank of England warns of 'material risk to financial stability'
    Bank bolsters its emergency bond-buying plan as market turmoil continues
    Kwasi Kwarteng brings forward fiscal plan to 31 October
    10 Oct 2022 Economics
    Kwasi Kwarteng brings forward fiscal plan to 31 October
    Chancellor will also publish OBR forecast earlier than planned in U-turn following mini-budget turmoil
    DIT's James Bowler named Treasury perm sec
    10 Oct 2022 Economics
    DIT's James Bowler named Treasury perm sec
    He will be joined by second perm secs Cat Little and Beth Russell

    Bank of England chief calls mini-budget fallout ‘unprecedented’
    07 Oct 2022 Economics
    Bank of England chief calls mini-budget fallout ‘unprecedented’
    Cabinet Office minister Zahawi apologises for government’s failings in TV debate
    Kwarteng refuses to commit to bringing spending plans forward
    05 Oct 2022 Economics
    Kwarteng refuses to commit to bringing spending plans forward
    Confusion follows reports that chancellor's fiscal statement could be moved from 23 November
    MoJ perm sec Antonia Romeo 'lined up for Treasury top job'
    03 Oct 2022 Economics
    MoJ perm sec Antonia Romeo 'lined up for Treasury top job'
    Romeo is Kwasi Kwarteng's favourite to replace Sir Tom Scholar, according to reports
    Civil service unions urge Truss to rule out austerity drive
    30 Sep 2022 Economics
    Civil service unions urge Truss to rule out austerity drive
    More spending cuts would be an "act of national vandalism", PCS, Prospect and FDA chiefs say
    Team Truss’s top three themes already twisted into knots
    28 Sep 2022 Economics
    Team Truss’s top three themes already twisted into knots
    The NHS, the energy crisis and the economy were would-be PM Truss's top priorities. But the Plan for Patients is underwhelming
    Kwarteng to set out medium-term fiscal plan in November
    27 Sep 2022 Economics
    Kwarteng to set out medium-term fiscal plan in November
    Treasury says chancellor's plan will set out further details on the government’s fiscal rules
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