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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Treasury seeks technical efficiencies of ‘at least 1% a year’ from departments
    28 Apr Finance

    Treasury seeks technical efficiencies of ‘at least 1% a year’ from departments

    Perm sec tells MPs “stretching and realistic” Spending Review targets are being worked up with the Office for Value for Money
    by Jim Dunton
    UK’s capacity to absorb economic shocks is shrinking, OBR chair warns
    15 Jul Finance
    UK’s capacity to absorb economic shocks is shrinking, OBR chair warns
    Treasury hikes threshold for when new salaries require senior minister's approval
    15 Jul Finance
    Treasury hikes threshold for when new salaries require senior minister's approval
    New business-case rules for major projects come into force
    14 Jul Finance
    New business-case rules for major projects come into force
    DHSC rapped for sharing 'misleading' graph on nurses' wage rise
    30 Nov 2022 Finance
    DHSC rapped for sharing 'misleading' graph on nurses' wage rise
    Tweet shared after nurses' strike announced remains up despite warning it could harm public confidence
    NAO sounds alarm as funding shortfalls threaten departmental shared-services drive
    30 Nov 2022 Finance
    NAO sounds alarm as funding shortfalls threaten departmental shared-services drive
    Cabinet Office “doesn’t know how much has been spent or what benefits to expect”, watchdog warns
    Raab condemns public sector strikes and says pay hikes would 'undercut the poorest'
    23 Nov 2022 Finance
    Raab condemns public sector strikes and says pay hikes would 'undercut the poorest'
    Striking is not the “right thing to do now”, Raab says as civil servants gear up for industrial action
    Sunak 'should consider enabling OBR to probe departmental spending plans'
    22 Nov 2022 Finance
    Sunak 'should consider enabling OBR to probe departmental spending plans'
    Think tank’s growth proposals urge PM to consider Vaccine Taskforce-inspired interventions for key goals
    MPs 'fear Home Office has blank cheque' to use aid money for refugee services Exclusive
    18 Nov 2022 Finance
    MPs 'fear Home Office has blank cheque' to use aid money for refugee services
    Department has obstructed enquiries about use of ODA to support refugees, MPs say
    Autumn Statement: IFS flags renewed pressure on civil service jobs
    18 Nov 2022 Finance
    Autumn Statement: IFS flags renewed pressure on civil service jobs
    Institute for Fiscal Studies warns that government will have to pick between low pay awards, job cuts or worse services
    Autumn Statement: Hunt under fire for latest delay to social-care reform
    18 Nov 2022 Finance
    Autumn Statement: Hunt under fire for latest delay to social-care reform
    Chancellor says move will pay for £4.7bn services boost; care-cap architect dubs it “inhumane”
    Autumn Statement: Pay is elephant in room for ‘protected’ departmental budgets
    18 Nov 2022 Finance
    Autumn Statement: Pay is elephant in room for ‘protected’ departmental budgets
    IFS warns civil service will face biggest pressures after 2024-25 under 1% growth plan
    UKHSA pushes through pay offer unions rejected, offering £350 'recognition payment' Exclusive
    18 Nov 2022 Finance
    UKHSA pushes through pay offer unions rejected, offering £350 'recognition payment'
    Pay decision ‘disappointing’ and could lead to workforce shortage, union warns
    DWP and HMRC get cash boost for 6,000 new staff to tackle fraud, error and tax dodging
    17 Nov 2022 Finance
    DWP and HMRC get cash boost for 6,000 new staff to tackle fraud, error and tax dodging
    Autumn Statement brings £300m for recruitment drive – but departments will be told to find savings elsewhere
    Autumn Statement: Hunt ‘protects’ civil service budgets – but not from inflation
    17 Nov 2022 Finance
    Autumn Statement: Hunt ‘protects’ civil service budgets – but not from inflation
    Savings review will “reprioritise spending” away from “lower value” work, while automation drive will be accelerated
    HMRC’s new complaints-management system will be ‘ready in weeks’
    11 Nov 2022 Finance
    HMRC’s new complaints-management system will be ‘ready in weeks’
    Delayed CHART project on course for January delivery, tax-collection agency says
    NAO hikes pay to stem snowballing staff turnover
    03 Nov 2022 Finance
    NAO hikes pay to stem snowballing staff turnover
    But watchdog admits it cannot compete with 8-10% rises being offered by “big four” accountancy firms
    Civil service job-cuts target scrapped but 2% pay cap looms
    01 Nov 2022 Finance
    Civil service job-cuts target scrapped but 2% pay cap looms
    Fast Stream recruitment to resume alongside U-turn on Johnson-era plans to axe 91,000 jobs
    Civil servants warned Kwarteng about mini-budget fallout, MPs told
    27 Oct 2022 Finance
    Civil servants warned Kwarteng about mini-budget fallout, MPs told
    Debt Management Office chief says Treasury was told disastrous £45bn tax-cuts plan would push up borrowing
    Energy relief schemes put ‘very large’ amount of public money at risk, BEIS perm sec warns
    26 Oct 2022 Finance
    Energy relief schemes put ‘very large’ amount of public money at risk, BEIS perm sec warns
    Sarah Munby raises concerns over fraud and value for money in requests for ministerial directions
    Sunak warns of ‘difficult decisions’ in first words as PM
    25 Oct 2022 Finance
    Sunak warns of ‘difficult decisions’ in first words as PM
    Downing Street speech acknowledges Truss and Kwarteng “mistakes” but insists 2019 general-election manifesto is a valid mandate
    Unlike the farce at Westminster, public sector cuts are no joke
    21 Oct 2022 Finance
    Unlike the farce at Westminster, public sector cuts are no joke
    Jeremy Hunt has been dealt a difficult hand. But with no PM, it's hard to see what authority the chancellor has to make these serious decisions
    Jeremy Hunt denies return to austerity as spending cuts loom
    18 Oct 2022 Finance
    Jeremy Hunt denies return to austerity as spending cuts loom
    Chancellor says "eye-watering" decisions ahead as he is accused of unveiling "austerity season two"
    Treasury warns of new Whole of Government Accounts delays
    18 Oct 2022 Finance
    Treasury warns of new Whole of Government Accounts delays
    Two-thirds of public bodies miss submission deadline as fresh IT woes emerge with OSCAR II database
    Departments brace for cuts as Hunt scraps tax measures
    17 Oct 2022 Finance
    Departments brace for cuts as Hunt scraps tax measures
    Chancellor tears apart 'mini-budget' and tells departments to find "efficiency savings"
    No meaningful fat to cut from public service budgets, report warns
    17 Oct 2022 Finance
    No meaningful fat to cut from public service budgets, report warns
    Performance tracker slams “lost decade for public services” amid predicted department budget cuts
    Liz Truss has promised to 'grow the pie'. But which pie?
    17 Oct 2022 Finance
    Liz Truss has promised to 'grow the pie'. But which pie?
    The government has placed growth at the centre of its plans, but what sort of growth? And who really creates value and wealth? Professor Colin Talbot explores the often-neglected parts of our economy to explain why increasing value is not just about growing GDP
    HMRC 'falling short' on efforts to recoup billions of Covid furlough fraud
    14 Oct 2022 Finance
    HMRC 'falling short' on efforts to recoup billions of Covid furlough fraud
    Spending watchdog urges government to allocate sufficient resources to tackle fraud and error
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