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    Economics

    Keep up-to-date with the latest Economics news from Civil Service World
    Budget 2025: Departments told to find extra £4.9bn in efficiencies
    26 Nov Economics

    Budget 2025: Departments told to find extra £4.9bn in efficiencies

    New target follows near-£14bn efficiencies committed to for SR25 period
    by Tevye Markson
    Michael Gove: Government should break up Treasury
    08 Dec Economics
    Michael Gove: Government should break up Treasury
    Budget 2025: OBR launches probe after publishing key document early
    26 Nov Economics
    Budget 2025: OBR launches probe after publishing key document early
    HMT second perm sec Sam Beckett to depart
    14 Nov Economics
    HMT second perm sec Sam Beckett to depart
    Public Accounts Committee: Single Departmental Plans 'not improving transparency'
    23 Nov 2016 Economics
    Public Accounts Committee: Single Departmental Plans "not improving transparency"

    "Brexit will be a true test of whether SDPs are fit for purpose", says the Public Accounts Committee


    Treasury must not 'micromanage' departments, say former civil service heads Kerslake and Butler
    22 Nov 2016 Economics
    Treasury must not "micromanage" departments, say former civil service heads Kerslake and Butler

    Former top officials warn against centralisation of power with the finance ministry on eve of chancellor Philip Hammond's first Autumn Statement


    Spending watchdog warns Department of Health over 'unsustainable' NHS finances
    22 Nov 2016 Economics
    Spending watchdog warns Department of Health over "unsustainable" NHS finances

    Government efficiency targets have only made the financial position of NHS bodies worse, warns the National Audit Office


    What does the 2016 People Survey tell us about the new Brexit-focused departments?
    17 Nov 2016 Economics
    What does the 2016 People Survey tell us about the new Brexit-focused departments?

    This year's People Survey provides a snapshot of morale at Whitehall's newest organisations: the Department for Exiting the European Union, the Department for International Trade, and the Department for Business, Energy and Industrial Strategy. Matt Foster crunches the numbers


    HMRC confirms early end to Concentrix tax credits contract
    14 Nov 2016 Economics
    HMRC confirms early end to Concentrix tax credits contract

    HMRC says Concentrix staff moving in-house are being given fresh training, as it confirms earlier-than-planned end to controversial fraud and error deal


    Grade 6 pay down by almost a fifth in real-terms since 2011, warns Prospect union
    10 Nov 2016 Economics
    Grade 6 pay down by almost a fifth in real-terms since 2011, warns Prospect union

    Union research shows Grade 6 staff have seen a 16% pay cut in take-home pay since 2011, amid warnings that rises at lower grades will fail to keep pace with the National Living Wage


    Departments need clearer plans to cut fraud and error, says Public Accounts Committee
    04 Nov 2016 Economics
    Departments need clearer plans to cut fraud and error, says Public Accounts Committee

    Public Accounts Committee says Concentrix debacle highlights potential for error as Universal Credit rollout continues


    Plan to sell departments' land for new homes has a 'long way to go', says PAC
    02 Nov 2016 Economics
    Plan to sell departments' land for new homes has a "long way to go", says PAC

    Public Accounts Committee welcomes sharper monitoring of programme to free up land for housebuilding – but says "slow start" by some departments may make it hard to hit 2020 target


    Tougher revolving door rules would condemn civil servants to a “job for life”, warns minister
    27 Oct 2016 Economics
    Tougher revolving door rules would condemn civil servants to a “job for life”, warns minister

    Amid debate over the future of the revolving door watchdog Acoba, Cabinet Office's Chris Skidmore warns against undermining "modern, dynamic" moves between public and private sector


    Concentrix row: HMRC chief Jon Thompson hints at early end to troubled tax credits contract
    26 Oct 2016 Economics
    Concentrix row: HMRC chief Jon Thompson hints at early end to troubled tax credits contract

    HMRC chief says he will have "something to announce within the next few working days" about end of contract with US outsourcing firm, and says company "simply didn’t put enough people" on tax credit inquiry lines


    Treasury grants pay flexibility to UK Export Finance in return for cutting contractor spend
    26 Oct 2016 Economics
    Treasury grants pay flexibility to UK Export Finance in return for cutting contractor spend

    UKEF chief Louis Taylor tells CSW he has struck deal with Treasury to end "very inefficient use of money" through contractors


    Conflict of interest probe flags gaps in DfE record-keeping
    26 Oct 2016 Economics
    Conflict of interest probe flags gaps in DfE record-keeping

    National Audit Office finds “no evidence" chief social worker influenced decision to award contracts to consultancy she used to hold shares in — but raises concern over the way the department sought to manage conflicts of interest


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