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    Economics

    Keep up-to-date with the latest Economics news from Civil Service World
    Rishi Sunak unveils three-point coronavirus jobs recovery plan
    08 Jul 2020 Economics

    Rishi Sunak unveils three-point coronavirus jobs recovery plan

    DWP to get £1bn as part of plan to help people find jobs, create jobs and protect jobs
    by Beckie Smith
    HMRC pledges to publish more data on unpaid tax
    15 Jan Economics
    HMRC pledges to publish more data on unpaid tax
    Comprehensive Spending Review halted as Treasury prioritises certainty – and reiterates pay restraint warning
    21 Oct 2020 Economics
    Comprehensive Spending Review halted as Treasury prioritises certainty – and reiterates pay restraint warning
    Civil Service Fast Stream kicks off recruitment round for over 800 posts
    25 Sep 2020 Economics
    Civil Service Fast Stream kicks off recruitment round for over 800 posts
    Interview: Royal Statistical Society chief Stian Westlake on Covid-19, the A-Level row, and his ‘very geeky’ favourite stat
    04 Sep 2020 Economics
    Interview: Royal Statistical Society chief Stian Westlake on Covid-19, the A-Level row, and his ‘very geeky’ favourite stat
    If the government has learned one thing from Ofqual's handling of A-Level results, it's that transparency is critical to quality and public trust, the former spad tells Beckie Smith.
    Cost of tackling coronavirus pandemic jumps to £192bn as UK heads for worst economic crash in 300 years
    14 Jul 2020 Economics
    Cost of tackling coronavirus pandemic jumps to £192bn as UK heads for worst economic crash in 300 years
    Economic output may not recover from the Covid-19 pandemic until 2025, according to forecast
    Government to pay young people’s wages for six months under Treasury ‘Plan for Jobs’
    08 Jul 2020 Economics
    Government to pay young people’s wages for six months under Treasury ‘Plan for Jobs’
    Treasury also confirms it still plans to complete a comprehensive spending review to be completed this year despite coronavirus impact
    DWP gets ministerial direction to breach spending limits in 'extraordinary circumstances' of Covid-19
    19 Jun 2020 Economics
    DWP gets ministerial direction to breach spending limits in 'extraordinary circumstances' of Covid-19

    Perm sec Peter Schofield asked sought approval for spending that might breach Treasury guidance on "regularity and propriety grounds"


    PAC chair 'dumbstruck' as perm secs admit lack of economic planning for a pandemic
    16 Jun 2020 Economics
    PAC chair 'dumbstruck' as perm secs admit lack of economic planning for a pandemic

    Economic support packages designed "as we have gone along", Sir Tom Scholar tells MPs


    Coronavirus: No.10 vows ‘strong and swift’ economic recovery as OECD warns Britain will be worst-hit
    11 Jun 2020 Economics
    Coronavirus: No.10 vows ‘strong and swift’ economic recovery as OECD warns Britain will be worst-hit

    OECD predicts UK unemployment rate could rise as high as 14.8% post pandemic


    Business secretary overrules value-for-money concerns with ministerial directions for coronavirus schemes
    11 Jun 2020 Economics
    Business secretary overrules value-for-money concerns with ministerial directions for coronavirus schemes

    "Not possible" to determine business-support schemes demonstrate value for money


    HMRC claims Making Tax Digital has generated £200m-plus in extra revenue
    10 Jun 2020 Economics
    HMRC claims Making Tax Digital has generated £200m-plus in extra revenue

    Number of personal tax accounts surpasses 20 million


    Departments use Brexit contracts to bring in consultants for Covid-19 support Exclusive
    09 Jun 2020 Economics
    Departments use Brexit contracts to bring in consultants for Covid-19 support

    Cabinet Office sets up “commercial clearing hub” where departments can bid for consultants


    Ministers draft in business chiefs for coronavirus economic plan as Johnson ‘eyes July recovery speech’
    08 Jun 2020 Economics
    Ministers draft in business chiefs for coronavirus economic plan as Johnson ‘eyes July recovery speech’

    Details emerge as SAGE member says government was too slow to enter lockdown


    Former Treasury and IMF official set to head Office for Budget Responsibility
    05 Jun 2020 Economics
    Former Treasury and IMF official set to head Office for Budget Responsibility

    Treasury names Richard Hughes as preferred candidate to head independent fiscal watchdog


    Coronavirus spending: 11 ministerial directions issued to perm secs so far, NAO finds
    21 May 2020 Economics
    Coronavirus spending: 11 ministerial directions issued to perm secs so far, NAO finds

    "The costs of government’s response are large and uncertain," public spending watchdog says


    HMRC offers new digital chief £200k and ‘challenge like no other’
    14 May 2020 Economics
    HMRC offers new digital chief £200k and ‘challenge like no other’

    Tax agency begins search for long-term replacement for Jacky Wright


    Treasury ‘considering tax rises and public sector wage freezes’ to pay £300bn coronavirus bill, leaked document shows
    13 May 2020 Economics
    Treasury ‘considering tax rises and public sector wage freezes’ to pay £300bn coronavirus bill, leaked document shows

    Leaked document says measures needed to "enhance credibility and boost investor confidence"


    Departmental taskforces to chart routes out of lockdown for sectors closed by coronavirus
    13 May 2020 Economics
    Departmental taskforces to chart routes out of lockdown for sectors closed by coronavirus

    Minister-led groups to tackle changes faced by aviation industry, shops, pubs and other sectors affected by coronavirus


    Boris Johnson hints at no austerity after coronavirus crisis amid blow to public finances
    01 May 2020 Economics
    Boris Johnson hints at no austerity after coronavirus crisis amid blow to public finances

    Cutting public spending "not part of our approach" after the pandemic, PM says


    Coronavirus crisis offers ‘rare chance’ for tax reform, says think-tank
    15 Apr 2020 Economics
    Coronavirus crisis offers ‘rare chance’ for tax reform, says think-tank

    Treasury and HMRC urged to build evidence base for change as support for better-funded public services is expected to grow


    Tax reform group lauds work of civil servants in coronavirus crisis
    12 Apr 2020 Economics
    Tax reform group lauds work of civil servants in coronavirus crisis

    Low Incomes Tax Reform Group applauds round-the-clock efforts of ‘invisible cohort’ of departmental staff


    DWP urged to get Universal Credit ‘battle ready’ to handle application spike
    02 Apr 2020 Economics
    DWP urged to get Universal Credit ‘battle ready’ to handle application spike

    Resolution Foundation calls on ministers to extend eligibility and encourage new claims as demand for support spikes


    Open data tool launched to help source key supplies in fight against coronavirus
    02 Apr 2020 Economics
    Open data tool launched to help source key supplies in fight against coronavirus

    Creators of the new supplier search tool urge government to use open contracting data to protect hospital and care facility supply chains as the coronavirus crisis continues


    DCMS ‘lacks full picture’ of museums’ maintenance needs
    31 Mar 2020 Economics
    DCMS ‘lacks full picture’ of museums’ maintenance needs

    National Audit Office questions financial planning for keeping top institutions in good repair


    Coronavirus: HMRC ‘working urgently’ to implement self-employed support as Sunak unveils £9bn package
    27 Mar 2020 Economics
    Coronavirus: HMRC ‘working urgently’ to implement self-employed support as Sunak unveils £9bn package

    Chancellor hints at changes to the way the self-employed are taxed once crisis is over to ensure “all pay in equally in future”


    HMRC sets out measures to fix ‘inefficient and ineffective’ recruitment
    26 Mar 2020 Economics
    HMRC sets out measures to fix ‘inefficient and ineffective’ recruitment

    MPs told previous verbal and numeric testing regime was slashing candidate pool by half


    Government urged to shift staff from businesses closed by coronavirus to priority sectors
    26 Mar 2020 Economics
    Government urged to shift staff from businesses closed by coronavirus to priority sectors

    IFS says a job-matching scheme could provide staffing boost in priority areas like the NHS and supermarkets


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