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    Economics

    Keep up-to-date with the latest Economics news from Civil Service World
    Spring Budget: Government launches new savings tracker amid departmental spending squeeze
    15 Mar Economics

    Spring Budget: Government launches new savings tracker amid departmental spending squeeze

    IFS warns defence and childcare boosts could mean “very tough time for other spending areas”
    by Tevye Markson
    Spring Budget defence and childcare boosts 'mean spending cuts elsewhere'
    16 Mar Economics
    Spring Budget defence and childcare boosts 'mean spending cuts elsewhere'
    Hunt urged to 'think twice' about closing Office of Tax Simplification
    14 Mar Economics
    Hunt urged to 'think twice' about closing Office of Tax Simplification
    DIT seeks £145k chief operating officer despite looming demise
    24 Feb Economics
    DIT seeks £145k chief operating officer despite looming demise
    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


    DWP figures highlight nation’s lack of financial resilience, union warns
    20 Mar 2020 Economics
    DWP figures highlight nation’s lack of financial resilience, union warns

    Ministers urged to introduce wage-guarantee scheme as data underscores lack of savings and reliance on credit


    £350bn coronavirus support package unveiled as chancellor pledges to do ‘whatever it takes’
    18 Mar 2020 Economics
    £350bn coronavirus support package unveiled as chancellor pledges to do ‘whatever it takes’

    Steps to tackle ‘economic emergency’ let out in Downing Street press conference


    Cash-for-ash report paints devastating picture of NICS failings
    15 Mar 2020 Economics
    Cash-for-ash report paints devastating picture of NICS failings

    Scandal-hit Renewable Heat Incentive scheme was “project too far” for Northern Ireland officials


    IFS: Departments will still face spending squeeze as Budget plans 'not as generous as they appear'
    13 Mar 2020 Economics
    IFS: Departments will still face spending squeeze as Budget plans 'not as generous as they appear'

    Analysis of public spending figures indicates that much of announced spending increases will be taken up by existing policy plans


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