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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?
    Aid watchdog says DfID's investment arm 'lacks rigorous monitoring'
    26 Mar 2019 Economics
    Aid watchdog says DfID's investment arm 'lacks rigorous monitoring'

    CDC is doing too little to ensure the billions it invests have maximum impact, ICAI says


    Truss hints at quango cuts in Spending Review in attack on 'vested interests'
    20 Mar 2019 Economics
    Truss hints at quango cuts in Spending Review in attack on 'vested interests'

    Setting out her vision for the upcoming Spending Review, Truss said the Treasury would “prioritise ruthlessly”


    Troubled Families: Casey says evaluation proves government “absolutely right” to have backed programme
    20 Mar 2019 Economics
    Troubled Families: Casey says evaluation proves government “absolutely right” to have backed programme

    Government evaluation finds every £1 spent on the programme delivers £2.28 in economic benefits, with largest benefits for children at serious risk


    HMRC perm sec accused of ‘wilfully and deliberately’ evading questions on loan-charge suicide reports
    19 Mar 2019 Economics
    HMRC perm sec accused of ‘wilfully and deliberately’ evading questions on loan-charge suicide reports

    All party group of MPs says HMRC’s approach “is a direct cause of the acute anxiety and stress people subject to the loan charge are experiencing”


    Move staff outside London to ensure industrial strategy benefits regions, BEIS told
    19 Mar 2019 Economics
    Move staff outside London to ensure industrial strategy benefits regions, BEIS told

    MPs urge government to address regional disparities and "bias towards the most innovative industries" in sector deals


    Brexit chaos gives civil servants ‘leverage on pay’ says union chief
    14 Mar 2019 Economics
    Brexit chaos gives civil servants ‘leverage on pay’ says union chief

    Whitehall’s biggest union urges members to capitalise on government disarray in pending strike ballot


    HMRC perm sec ‘concerned’ over loan-charge suicide stories
    14 Mar 2019 Economics
    HMRC perm sec ‘concerned’ over loan-charge suicide stories

    Jon Thompson warns “that tone of some of the debate around the loan charge, and the spreading of unconfirmed rumours, risks creating additional concern for vulnerable customers”


    Public value framework to become 'part of the culture' in departments
    14 Mar 2019 Economics
    Public value framework to become 'part of the culture' in departments

    Single Departmental Plans to reflect on departments' performance against the framework from 2019-20

     


    NAO report highlights opaque and complicated system of devolved funding
    14 Mar 2019 Economics
    NAO report highlights opaque and complicated system of devolved funding

    The Scottish government said the chancellor should use today's spring statement to "provide a proportionate amount of additional finance and flexibility to Scotland "


    Philip Hammond reveals details of upcoming Spending Review
    13 Mar 2019 Economics
    Philip Hammond reveals details of upcoming Spending Review

    Revised public value framework will underline Spending Review focus on value for money, Hammond said in his Spring Statement


    Treasury launches hunt for private infrastructure investment models – but rules out PFI replacement
    13 Mar 2019 Economics
    Treasury launches hunt for private infrastructure investment models – but rules out PFI replacement

    Consultation seeks views on whether the UK should develop its own infrastructure finance institution after Brexit


    UK Government Investments ‘reviewing’ student loans selloff transparency
    07 Mar 2019 Economics
    UK Government Investments ‘reviewing’ student loans selloff transparency

    Probe set to report on potential for openness over who is buying tranches of multibillion pound loanbook


    Home Office ‘not ready or able’ to handle post-Brexit immigration policy
    07 Mar 2019 Economics
    Home Office ‘not ready or able’ to handle post-Brexit immigration policy

    Institute for Government urges cabinet secretary Mark Sedwill consider creating separate immigration department


    HMRC staff vote to strike over office closure
    07 Mar 2019 Economics
    HMRC staff vote to strike over office closure

    PCS says four out of five members voted to strike at west London centre


    Treasury moves to implement £95k redundancy pay cap
    07 Mar 2019 Economics
    Treasury moves to implement £95k redundancy pay cap

    Treasury plans to finally implement cap after passing legislation in 2016


    No-deal Brexit would have 'grave and severe' impact on Northern Ireland, civil service chief warns
    06 Mar 2019 Economics
    No-deal Brexit would have 'grave and severe' impact on Northern Ireland, civil service chief warns

    “No mitigation available for the severe consequences of a no-deal outcome,” says David Sterling


    Ministry of Justice ‘set itself up to fail’ on probation reform, says NAO
    04 Mar 2019 Economics
    Ministry of Justice ‘set itself up to fail’ on probation reform, says NAO

    Watchdog says payment-by-results model will cost department at least £467m more than projected and has not delivered results


    HMRC reaches handover milestone on Bristol hub
    01 Mar 2019 Economics
    HMRC reaches handover milestone on Bristol hub

    Tax agency declares city base structurally complete and ready for fit-out


    Kerslake backs call for new government efficiency watchdogs
    28 Feb 2019 Economics
    Kerslake backs call for new government efficiency watchdogs

    Ex-civil service chief says reforms are needed to increase the public’s trust in government and over how public services are funded


    New Office of Tax Simplification chair to lead engagement with HMRC and Treasury
    27 Feb 2019 Economics
    New Office of Tax Simplification chair to lead engagement with HMRC and Treasury

    Kathryn Cearns will replace Angela Knight in the tax office next month


    Union calls for joint action over Civil Service Pension Scheme valuation u-turn
    21 Feb 2019 Economics
    Union calls for joint action over Civil Service Pension Scheme valuation u-turn

    PCS says controversial decision to pause scheme valuations set to mean members miss out on 2% contributions reduction


    CMA gets £17m advance to keep Canary Wharf office move on track
    18 Feb 2019 Economics
    CMA gets £17m advance to keep Canary Wharf office move on track

    Watchdog is set to become latest government body to make east London move after funding advance


    Departments’ over-optimistic plans ‘not challenged enough by Treasury and Cabinet Office’
    08 Feb 2019 Economics
    Departments’ over-optimistic plans ‘not challenged enough by Treasury and Cabinet Office’

    Committee inquiry demands action plan to fill skills gaps and calls for Treasury to set out how public value frameworks will be rolled out in Spending Review


    Brexit Britain ‘needs own infrastructure bank’, peers say
    04 Feb 2019 Economics
    Brexit Britain ‘needs own infrastructure bank’, peers say

    Committee raises alarm over loss of European Investment Bank funding stream


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