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    Economics

    Keep up-to-date with the latest Economics news from Civil Service World
    Starmer shakes up No.10 operation with Minouche Shafik and Darren Jones picks
    01 Sep Economics

    Starmer shakes up No.10 operation with Minouche Shafik and Darren Jones picks

    Jones appointed to new chief secretary to the PM position
    by Tevye Markson
    HMRC error means public sector borrowing was overestimated by £3bn
    09 Oct Economics
    HMRC error means public sector borrowing was overestimated by £3bn
    DHSC second perm sec appointed as National Wealth Fund NED
    02 Oct Economics
    DHSC second perm sec appointed as National Wealth Fund NED
    Promising to do more with less has obvious attractions – but what happens if these gains fail to materialise?
    22 Sep Economics
    Promising to do more with less has obvious attractions – but what happens if these gains fail to materialise?
    Stewart floats 'Department for the Union' as PM contenders share spending and Brexit plans
    17 Jun 2019 Economics
    Stewart floats 'Department for the Union' as PM contenders share spending and Brexit plans

    Department would draw up plans for multi-billion pound "shared prosperity fund", Stewart says


    Cabinet Office guidance sets flexible 2% pay increase for 2019 but unions criticise ‘grudging’ award
    13 Jun 2019 Economics
    Cabinet Office guidance sets flexible 2% pay increase for 2019 but unions criticise ‘grudging’ award

    Individual civil servants’ pay awards could vary depending on where each department decides to target increases


    Government’s Help to Buy scheme ‘benefiting homebuyers who don't need help’
    13 Jun 2019 Economics
    Government’s Help to Buy scheme ‘benefiting homebuyers who don't need help’

    £22bn scheme has exposed the government to significant risk and has tied up significant public financial capacity says NAO


    Listen with an open mind and be ready to advise on trade offs: Ex-Treasury perm sec on how to prepare for a new PM
    12 Jun 2019 Economics
    Listen with an open mind and be ready to advise on trade offs: Ex-Treasury perm sec on how to prepare for a new PM

    Speaking at a think-tank event, Lord Macpherson also offered thoughts on the economy to incoming prime minister, while Treasury Select Committee chair said a full leadership contest is needed “so the maddest ideas perhaps don’t make it to asking for official civil service advice”. 


    Foreign Office names new chief economist
    10 Jun 2019 Economics
    Foreign Office names new chief economist

    Former diplomat Kumar Iyer becomes department’s first BAME board member


    UK Export Finance told to stop funding fossil fuel projects
    07 Jun 2019 Economics
    UK Export Finance told to stop funding fossil fuel projects

    MPs warn practice is undermining the nation’s international climate and development targets


    Unions call on Cabinet Office to write off pension overpayments
    06 Jun 2019 Economics
    Unions call on Cabinet Office to write off pension overpayments

    Union seeks urgent meeting with the Cabinet Office after CSW reveals demands for payment


    Spending Review 'unlikely' to start before summer recess, Truss says
    05 Jun 2019 Economics
    Spending Review 'unlikely' to start before summer recess, Truss says

    Truss also hints at buildings sell-off to avoid having “land that could be used for housing sitting on the government balance sheet”


    Departments count cost of mental-health sick days
    31 May 2019 Economics
    Departments count cost of mental-health sick days

    Union leaders sound alarm as bill tops £12m at one ministry and tens of millions across government


    May says Treasury should open chequebook to bring back university student grants
    30 May 2019 Economics
    May says Treasury should open chequebook to bring back university student grants

    PM backs recommendation of Augar Review to bring back maintenance grants, which could cost £2bn


    Kerslake: UK’s regional inequalities require action on scale of German reunification
    30 May 2019 Economics
    Kerslake: UK’s regional inequalities require action on scale of German reunification

    Commission chaired by former civil service head blasts government’s approach to economic development and calls for new £10bn-a-year fund


    MoD perm sec reports ‘significant progress’ on £350m car park row
    23 May 2019 Economics
    MoD perm sec reports ‘significant progress’ on £350m car park row

    Lovegrove tells MPs contractors can use Whitehall site for parliament refurb 


    NAO flags staff shortages at Department for International Trade
    17 May 2019 Economics
    NAO flags staff shortages at Department for International Trade

    Watchdog notes progress with post-Brexit trade agreements as well as capacity issues


    SCS pay: unions slam ‘smoke and mirrors’ Cabinet Office plan
    17 May 2019 Economics
    SCS pay: unions slam ‘smoke and mirrors’ Cabinet Office plan

    FDA and Prospect say that focus on two government professions would not address systematic failures of the pay framework for senior civil servants


    DWP challenged on proposed Universal Credit PR campaign
    17 May 2019 Economics
    DWP challenged on proposed Universal Credit PR campaign

    Work and Pensions Select Committee demands answers on leaked intranet report outlining national strategy


    Brexit: DIT perm sec reveals how government got its trade plans ready
    14 May 2019 Economics
    Brexit: DIT perm sec reveals how government got its trade plans ready

    Trade department perm sec tells CSW that work to fuse regional trade plans with UK economic sectors is nearing completion


    Climate advisers urge government to commit to 2050 zero-emissions deadline
    02 May 2019 Economics
    Climate advisers urge government to commit to 2050 zero-emissions deadline

    Deadline is achievable but requires a concerted push, including government backing for carbon capture and storage technologies, committee says


    No department to get NHS-style settlement before Spending Review, Hammond indicates
    24 Apr 2019 Economics
    No department to get NHS-style settlement before Spending Review, Hammond indicates

    Single-department settlements if the Spending Review is delayed would "pre-empt what should be a proper balancing discussion", chancellor insists


    UK Export Finance chief gets ministerial direction for £1bn Iraq trade support
    24 Apr 2019 Economics
    UK Export Finance chief gets ministerial direction for £1bn Iraq trade support

    International trade secretary Liam Fox approves doubling of UKEF cover for exports despite warnings move would fall outside established risk framework


    Crossrail opening ‘could be delayed until 2021’
    18 Apr 2019 Economics
    Crossrail opening ‘could be delayed until 2021’

    Worst-case scenario timescale emerges after MPs voice doubts about official 2020 target


    New parliamentary watchdog mooted to cut departmental waste
    16 Apr 2019 Economics
    New parliamentary watchdog mooted to cut departmental waste

    Budget Committee could prevent fiascos like NHS IT programme, says Public Accounts Committee veteran


    £95k pay-off cap to become reality as Treasury takes action
    10 Apr 2019 Economics
    £95k pay-off cap to become reality as Treasury takes action

    Union chief accuses Treasury chief secretary of "dog whistle" tactics over pay-off ceiling as Treasury launches consultation


    Don't expect a Spending Review budget boost, Hammond warns departments
    08 Apr 2019 Economics
    Don't expect a Spending Review budget boost, Hammond warns departments

    Chancellor says it would be "odd" to expect all departments to see funding rise, despite his claim that austerity is ending


    MPs accuse HMRC of being 'consistently misleading' on loan charge
    03 Apr 2019 Economics
    MPs accuse HMRC of being 'consistently misleading' on loan charge

    All-party group demands perm sec Jon Thompson clarifies key questions on controversial remedy to tax-avoidance measure


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