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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
    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
    Rachel Reeves says Autumn Budget will 'protect public services from return to austerity'
    04 Nov Economics
    Rachel Reeves says Autumn Budget will 'protect public services from return to austerity'
    FDA’s Dave Penman says union “must do more” to recruit new members — but hits out at PCS “hostility”
    12 May 2016 Economics
    FDA’s Dave Penman says union “must do more” to recruit new members — but hits out at PCS “hostility”

    General secretary of union for senior civil servants says staff cuts taking a toll on membership numbers — but defends move to extend reach with new Keystone initiative


    Treasury making 'significant' contingency plans for Brexit, says George Osborne
    11 May 2016 Economics
    Treasury making "significant" contingency plans for Brexit, says George Osborne

    Chancellor says Treasury civil servants planning for the impact of leaving the EU on financial stability in the UK – but Number 10 maintains no wider policy planning taking place


    New public sector contract rules as David Cameron vows corruption crackdown
    11 May 2016 Economics
    New public sector contract rules as David Cameron vows corruption crackdown

    Prime minister David Cameron to set out new process of "open contracting" at anti-corruption summit


    Civil service redundancy shake-up could lead to 'significant' industrial unrest, warns Prospect union
    09 May 2016 Economics
    Civil service redundancy shake-up could lead to "significant" industrial unrest, warns Prospect union

    Specialist union's formal response to Cabinet Office's planned shake-up of Civil Service Compensation Scheme warns of impact on workforce management – and raises prospect of industrial action


    BIS delays new pubs code after 'technical drafting issues'
    05 May 2016 Economics
    BIS delays new pubs code after "technical drafting issues"

    Business minister Anna Soubry says plan to reform relationship between tenants and big pubcos will not come into force next month as planned


    PACAC's Bernard Jenkin says check-off u-turn was 'sale of government policy' – as fellow committee member brands him a bigot
    28 Apr 2016 Economics
    PACAC's Bernard Jenkin says check-off u-turn was "sale of government policy" – as fellow committee member brands him a bigot

    Bernard Jenkin accuses government of "rotten" concessions to unions in exchange for EU campaigning – and is met with scorn by fellow PACAC member Paul Flynn


    Martin Donnelly on BIS Sheffield closure: splitting policy across 14 sites is not helpful
    28 Apr 2016 Economics
    Martin Donnelly on BIS Sheffield closure: splitting policy across 14 sites is not helpful

    BIS perm sec seeks to justify closure of Sheffield site, and says departmental cuts will mean reducing headcount by 30%-40% "over time"


    Crown Commercial Service aims to make it easier for departments to take credit and debit card payments
    25 Apr 2016 Economics
    Crown Commercial Service aims to make it easier for departments to take credit and debit card payments

    Online payments firm Stripe – which handles payments for Kickstarter – among those chosen in revamped approach to government merchant services


    Departments get more Senior Civil Service pay freedom as review highlights 'major' anomalies
    21 Apr 2016 Economics
    Departments get more Senior Civil Service pay freedom as review highlights "major" anomalies

    Government sets out response as Senior Salaries Review Body warns some managers earning less than their juniors – but FDA blasts "sticking plaster" approach


    Lord Kerslake 'delighted' as government u-turns on union fee check-off
    19 Apr 2016 Economics
    Lord Kerslake "delighted" as government u-turns on union fee check-off

    Cabinet Office minister Lord Bridges confirms government rethink on plans to end automatic payroll deduction of union fees from public servants


    Treasury warns Brexit could hit public finances by £36bn a year – but eurosceptics blast 'shameful' use of government resources
    18 Apr 2016 Economics
    Treasury warns Brexit could hit public finances by £36bn a year – but eurosceptics blast "shameful" use of government resources

    George Osborne says Brexit would cause UK to "lose tens of billions of pounds in money for our public services" – but eurosceptic MP Bernard Jenkin says chancellor “should be ashamed of himself” for ordering civil servants to draw up Treasury analysis


    HMRC “has no clear strategy for dealing with tax fraud” – Public Accounts Committee
    15 Apr 2016 Economics
    HMRC “has no clear strategy for dealing with tax fraud” – Public Accounts Committee

    MPs demand tax agency improves “woefully inadequate” prosecutions record and says it should publish more straightforward details on the effectiveness of its work. But HMRC says it has been "relentless and strategic" in pursuing those who fail to pay their "fair share"


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