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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
    Treasury takes action on pension tax trap that cost top civil servants £6m
    12 Mar 2020 Economics
    Treasury takes action on pension tax trap that cost top civil servants £6m

    Civil service union claims victory as Sunak finds £2bn to tone down ‘tax trap’ that counts pension contributions as income


    Spending review launches with pledge to boost departmental spending ‘at fastest rate since 2004’
    11 Mar 2020 Economics
    Spending review launches with pledge to boost departmental spending ‘at fastest rate since 2004’

    Treasury sets out areas of focus for review and pledges to lead the world in linking cash to outcomes


    Rishi Sunak to pledge 'record-breaking' infrastructure spending in first Budget
    11 Mar 2020 Economics
    Rishi Sunak to pledge 'record-breaking' infrastructure spending in first Budget

    Budget will also set out details of measures to tackle coronavirus outbreak


    Sunak confirms creation of northern base for Treasury to lead ‘levelling up’ plans
    09 Mar 2020 Economics
    Sunak confirms creation of northern base for Treasury to lead ‘levelling up’ plans

    New ‘economic campus’ will be one of three new offices announced in the Budget, says chancellor


    Treasury Select Committee fires starting gun on Spending Review scrutiny
    06 Mar 2020 Economics
    Treasury Select Committee fires starting gun on Spending Review scrutiny

    Watchdog MPs urged to quiz departments they monitor on long-term funding pressures ahead of expected multi-year settlements


    HMRC boss blasts MPs who claimed fraud update was ‘misleading’
    05 Mar 2020 Economics
    HMRC boss blasts MPs who claimed fraud update was ‘misleading’

    Jim Harra ‘strongly rejects’ criticism from Ed Davey’s APPG on the controversial Loan Charge


    Infrastructure watchdog should audit business cases for big projects, think tank says
    05 Mar 2020 Economics
    Infrastructure watchdog should audit business cases for big projects, think tank says

    Call to open appraisals process to the National Infrastructure Commission ahead of possible Budget boost


    IPA creates new director post to aid ‘infrastructure revolution’
    05 Mar 2020 Economics
    IPA creates new director post to aid ‘infrastructure revolution’

    Body offers £149,500 a year for official to oversee work on HS2, Northern Powerhouse Rail and nuclear projects


    UK warns EU it will walk away from trade talks in June if no agreement on the horizon
    27 Feb 2020 Economics
    UK warns EU it will walk away from trade talks in June if no agreement on the horizon

    Breakdown of talks would lead to increased customs checks, policy paper says


    Treasury 'will need to raise taxes or scrap fiscal rules again to avoid 2021 spending squeeze'
    26 Feb 2020 Economics
    Treasury 'will need to raise taxes or scrap fiscal rules again to avoid 2021 spending squeeze'

    IFS sets out Budget bind in analysis of public finances ahead of 11 March statement


    Civil service job cuts leave departments unable to spend capital budgets, IfG finds
    25 Feb 2020 Economics
    Civil service job cuts leave departments unable to spend capital budgets, IfG finds

    Previous governments' underspending shows that without the right skills, departments won't be able to deliver infrastructure reforms, IfG says


    Sunak told more tax is ‘only responsible way’ to boost public services
    24 Feb 2020 Economics
    Sunak told more tax is ‘only responsible way’ to boost public services

    Big numbers for capital spending in next month’s budget won’t fix decade of austerity, think-tank warns


    Deadline for applications to head OBR extended by Treasury
    20 Feb 2020 Economics
    Deadline for applications to head OBR extended by Treasury

    Applicants given an additional month to apply to head finance watchdog


    Ministers accused of ‘abusing power’ on Civil Service Pension Scheme contributions
    20 Feb 2020 Economics
    Ministers accused of ‘abusing power’ on Civil Service Pension Scheme contributions

    Professionals’ union Prospect wades into row over government’s failure to reduce contribution rates following valuations ‘pause’


    Union seeks Civil Service Pension Scheme judicial review
    17 Feb 2020 Economics
    Union seeks Civil Service Pension Scheme judicial review

    High Court move will challenge government’s failure to reduce contributions following firefighters' ruling


    HMPPS needs realistic long-term vision for prisons estate, warns NAO
    07 Feb 2020 Economics
    HMPPS needs realistic long-term vision for prisons estate, warns NAO

    Report blasts "incomplete and inaccurate" understanding of conditions and flags £916m backlog of major repairs


    Sedwill hails National Leadership Centre after inaugural event on public service collaboration
    05 Feb 2020 Economics
    Sedwill hails National Leadership Centre after inaugural event on public service collaboration

    NLC chief tells CSW that “big wicked" policy problems will require increased collaboration across the public sector


    Data reveals full scale of regional pay variance by grade
    27 Jan 2020 Economics
    Data reveals full scale of regional pay variance by grade

    Northern Ireland has lowest median rates at Grade 6 to Executive Officer level


    Cabinet Office reveals highest earners with HS2 chief at top
    24 Jan 2020 Economics
    Cabinet Office reveals highest earners with HS2 chief at top

    Mark Thurston leads ranking for second year running as John Manzoni and Mark Sedwill well down list


    Treasury seeks new OBR chief
    24 Jan 2020 Economics
    Treasury seeks new OBR chief

    Appointment will replace Robert Chote, who has led fiscal watchdog since 2010


    HS2 estimate hits £88bn but DfT doesn’t know true cost, watchdog warns
    24 Jan 2020 Economics
    HS2 estimate hits £88bn but DfT doesn’t know true cost, watchdog warns

    National Audit Office says department and delivery firm underestimated the task of delivering new rail network


    DHSC ‘needlessly’ paid £42m to end Carillion hospital PFI contract
    20 Jan 2020 Economics
    DHSC ‘needlessly’ paid £42m to end Carillion hospital PFI contract

    Watchdog says keenness to proceed with Liverpool project led to deal being struck before construction failings were known


    BEIS ‘cannot know’ whether its business-support schemes are good value
    16 Jan 2020 Economics
    BEIS ‘cannot know’ whether its business-support schemes are good value

    National Audit Office flags lack of measurable objectives and impact evaluation in department’s £2.4bn-a-year portfolio of help


    Johnson launches review of government projects to 'root out waste'
    08 Jan 2020 Economics
    Johnson launches review of government projects to 'root out waste'

    'Tough decisions' needed to support Budget, prime minister tells ministers


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