Budget 2025: Departments told to find extra £4.9bn in efficiencies
26 Nov Finance

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
Michael Gove: Government should break up Treasury
08 Dec Finance
Michael Gove: Government should break up Treasury
OBR chair Richard Hughes quits over Budget-document bungle
02 Dec Finance
OBR chair Richard Hughes quits over Budget-document bungle
Union sounds alarm on Valuation Office Agency ‘integration’ with HMRC
28 Nov Finance
Union sounds alarm on Valuation Office Agency ‘integration’ with HMRC
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
'Difficult decisions needed': Truss walks back on spending cuts pledge
13 Oct 2022 Finance
'Difficult decisions needed': Truss walks back on spending cuts pledge
Departments face uncertainty over their budgets amid economic crisis
Truss insists she won't cut public spending to pay for mini-budget
12 Oct 2022 Finance
Truss insists she won't cut public spending to pay for mini-budget
Government will reduce debt by "making sure we spend public money well", PM says
EXCL: Government to spend up to £62m on lease of second ministerial plane Exclusive
12 Oct 2022 Finance
EXCL: Government to spend up to £62m on lease of second ministerial plane
"Brexit jet" lease extension comes despite expected public-spending squeeze and foreign secretary's insistent that “money’s tight”
Departments could face funding cuts of 15%, IFS warns
11 Oct 2022 Finance
Departments could face funding cuts of 15%, IFS warns
Inflation could mean “hidden” austerity if spending settlements remain unchanged, as think tank predicts £62bn of “fiscal tightening” needed
Bank of England warns of 'material risk to financial stability'
11 Oct 2022 Finance
Bank of England warns of 'material risk to financial stability'
Bank bolsters its emergency bond-buying plan as market turmoil continues
Kwasi Kwarteng brings forward fiscal plan to 31 October
10 Oct 2022 Finance
Kwasi Kwarteng brings forward fiscal plan to 31 October
Chancellor will also publish OBR forecast earlier than planned in U-turn following mini-budget turmoil
DIT's James Bowler named Treasury perm sec
10 Oct 2022 Finance
DIT's James Bowler named Treasury perm sec
He will be joined by second perm secs Cat Little and Beth Russell
Bank of England chief calls mini-budget fallout ‘unprecedented’
07 Oct 2022 Finance
Bank of England chief calls mini-budget fallout ‘unprecedented’
Cabinet Office minister Zahawi apologises for government’s failings in TV debate
Kwarteng refuses to commit to bringing spending plans forward
05 Oct 2022 Finance
Kwarteng refuses to commit to bringing spending plans forward
Confusion follows reports that chancellor's fiscal statement could be moved from 23 November
'Money is tight': Foreign Office must cut spending, Cleverly warns
05 Oct 2022 Finance
'Money is tight': Foreign Office must cut spending, Cleverly warns
Foreign secretary says FCDO must "cut cloth" and deliver "on a tighter budget"
MoD withdraws three-year pay offer that divided unions
05 Oct 2022 Finance
MoD withdraws three-year pay offer that divided unions
FDA says it is "disappointed" for its members who "overwhelming" voted for the deal