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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
    HMT boss warns against shakeup of Treasury functions
    13 Jan 2015 Economics
    HMT boss warns against shakeup of Treasury functions

    Nicholas Macpherson says economic and financial functions should both remain in the Treasury


    Osborne re-appoints former bank execs on finance committee
    18 Dec 2014 Economics
    Osborne re-appoints former bank execs on finance committee

    Chancellor George Osborne has re-appointed two external members of the Bank of England’s finance committee


    Looking across: Michael Izza
    18 Dec 2014 Economics
    Looking across: Michael Izza

    Michael Izza, chief executive of the Institute of Chartered Accountants in England and Wales (ICAEW), gives an outside perspective of the civil service


    Another dimension: Stephen Ibbotson
    05 Dec 2014 Economics
    Another dimension: Stephen Ibbotson

    Stephen Ibbotson, director of business at the Institute of Chartered Accountants in England and Wales (ICAEW), offers his peers in the finance profession a view from outside government


    “Far-reaching roads programme” aims to boost UK connectivity
    01 Dec 2014 Economics
    “Far-reaching roads programme” aims to boost UK connectivity

    The government plan to invest £15bn in the ‘Road investment strategy’ over the next six years, the transport secretary Patrick McLoughlin (pictured) and chief secretary to the Treasury Danny Alexander announced this morning.


    Civil Service Club could be sold off to pay national debt
    28 Nov 2014 Economics
    Civil Service Club could be sold off to pay national debt

    The Civil Service Club (CSC) could be sold off under Labour to help “pay down the national debt”, Labour announced this week. 


    Department response to SBRI inconsistent, new report says
    25 Nov 2014 Economics
    Department response to SBRI inconsistent, new report says

    The department response to the Small Business Research Initiative (SBRI) has been inconsistent, despite the initiatives potential to help government rebalance the economy by harnessing new technology and creative individuals, said the Centre for Business Research (CBR) at the University of Cambridge in a report published yesterday.


    CIPFA launches Global Fraud Risk Register
    14 Nov 2014 Economics
    CIPFA launches Global Fraud Risk Register

    The Chartered Institute of Public Finance and Accountancy (CIPFA) launched the Global Fraud Risk Register, its new global initiative for tackling fraud across the public sector.


    O’Donnell calls for five-year spending plans, and raises concerns over pension reforms
    07 Nov 2014 Economics
    O’Donnell calls for five-year spending plans, and raises concerns over pension reforms

    The government should introduce five-year spending plans and independent assessments of its infrastructure plans, former cabinet secretary Lord O’Donnell told an audience at the Royal Statistical Society last month. 


    Chief executive of OGA appointed
    06 Nov 2014 Economics
    Chief executive of OGA appointed

    Andy Samuel has been appointed as the chief executive of the Oil and Gas Authority (OGA).


    Whitehall devolves power to GMCA as part of ‘Northern Powerhouse’ scheme
    03 Nov 2014 Economics
    Whitehall devolves power to GMCA as part of ‘Northern Powerhouse’ scheme

    Greater Manchester will gain significant decision-making powers from Whitehall after chancellor of the exchequer George Osborne and leaders of the Greater Manchester Combined Authority (GMCA) signed a devolution agreement today. 


    Finance officials must ‘get on the front foot’ to influence policy, says government’s new finance chief
    03 Nov 2014 Economics
    Finance officials must ‘get on the front foot’ to influence policy, says government’s new finance chief

    Finance professionals across government should “get on the front foot” and make sure they’re involved in the policymaking process, the government’s new director-general of public spending, Julian Kelly, has said.


    Thousands joined national pay protest on Saturday
    20 Oct 2014 Economics
    Thousands joined national pay protest on Saturday

    Tens of thousands joined the Trades Union Congress (TUC) organised march that took place in major cities across the UK on Saturday, 18 October to protest against pay conditions. 


    Government outsourcing spend up by 23%
    27 Jun 2014 Economics
    Government outsourcing spend up by 23%

    Government spending on outsourcing contracts rose by 23% to £1.2bn between 2012 and 2013, bringing the two-year total to £2.3bn, while expenditure in most other sectors fell by between 1% and 20%, according to analysis of public sector transactions carried out by the Institute for Government (IfG).


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