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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
    Treasury working with departments to build integrated finance system
    24 Jun Finance
    Treasury working with departments to build integrated finance system
    SR25: HMRC gets £1.7bn for big increase in compliance and debt management staff
    12 Jun Finance
    SR25: HMRC gets £1.7bn for big increase in compliance and debt management staff
    ‘Radically’ shorter Green Book will support place-based budgeting and transformational change
    11 Jun Finance
    ‘Radically’ shorter Green Book will support place-based budgeting and transformational change
    Sunak sets date for Spending Review – and issues pay warning
    07 Sep 2021 Finance
    Sunak sets date for Spending Review – and issues pay warning
    Three-year settlement for departments and agencies will come alongside Autumn Budget
    Economic bounce-back ‘won’t shield departments in Spending Review’
    31 Aug 2021 Finance
    Economic bounce-back ‘won’t shield departments in Spending Review’
    Institute for Government says Sunak will need to find additional funding to protect public services
    Employment tribunal decision could cost MoD £1.5m, says union
    31 Aug 2021 Finance
    Employment tribunal decision could cost MoD £1.5m, says union
    Hundreds of former staff at Babcock-owned dockyard could get boosted exit payments after Rosyth case
    Departments ‘told to plan for staff cuts’ in Spending Review
    12 Aug 2021 Finance
    Departments ‘told to plan for staff cuts’ in Spending Review
    Treasury eyes reversal of 70,000 increase in civil service headcount since 2016, according to report
    Cabinet Office procurement plans ‘could do more harm than good’
    30 Jul 2021 Finance
    Cabinet Office procurement plans ‘could do more harm than good’
    Peers warn prioritisation of competition over collaboration in public service commissioning risks compromising expertise and innovation
    Cost estimate for new ‘national flagship’ rises to £250m
    29 Jul 2021 Finance
    Cost estimate for new ‘national flagship’ rises to £250m
    Defence secretary says MoD taskforce will ensure project 'comes in on time and on budget'
    Legacy tech: Half of government’s £5bn annual IT spend dedicated to ‘keeping the lights on’
    28 Jul 2021 Finance
    Legacy tech: Half of government’s £5bn annual IT spend dedicated to ‘keeping the lights on’
    Report identifies continued prevalence of ageing tech as one of the major challenges facing the civil service’s digital ambitions
    'Financial risk for years to come' as Covid costs hit £372bn, MPs warn
    26 Jul 2021 Finance
    'Financial risk for years to come' as Covid costs hit £372bn, MPs warn
    Some departments cannot provide "robust assessment of their Covid-related activity"
    ‘Perm secs are remarkably immune from accountability for spending’: Maude calls for stronger functions to boost oversight
    23 Jul 2021 Finance
    ‘Perm secs are remarkably immune from accountability for spending’: Maude calls for stronger functions to boost oversight
    Delivering the benefits of spend controls requires "strong and capable central leadership" of functions, ex-minister's review finds
    NAO sounds alarm over DWP’s ‘record high’ fraud and error rates
    20 Jul 2021 Finance
    NAO sounds alarm over DWP’s ‘record high’ fraud and error rates
    Watchdog says department accepts pandemic response means overpayments will “remain significantly higher than normal for some time”
    End short-term focus to unlock Spending Review efficiencies, Treasury told
    14 Jul 2021 Finance
    End short-term focus to unlock Spending Review efficiencies, Treasury told
    NAO highlights areas where efficiencies have fallen short, including shared services, automation and outsourcing
    Fraud and error in Covid support schemes 'will cost taxpayer tens of billions'
    30 Jun 2021 Finance
    Fraud and error in Covid support schemes 'will cost taxpayer tens of billions'
    Departments' efforts to detect fraud 'hindered by a lack of real-time data sharing and weak transparency arrangements', MPs say
    Centre of government ‘lacks proper data’ to monitor arm’s length bodies
    23 Jun 2021 Finance
    Centre of government ‘lacks proper data’ to monitor arm’s length bodies
    National Audit Office warns department-level information deficit could impact Cabinet Office’s ability to drive efficiency and reform
    Treasury urged to reform cost-control system for civil service pensions
    18 Jun 2021 Finance
    Treasury urged to reform cost-control system for civil service pensions
    Current mechanism was on course for “perverse” recommendation to reduce contributions and increase benefits before it was paused, says government actuary
    Treasury blasted for botched public sector pensions reform
    11 Jun 2021 Finance
    Treasury blasted for botched public sector pensions reform
    MPs say £17bn cost of McCloud judgment could be “just a ripple” compared to looming “tsunami”
    Treasury plans pandemic-driven update of spending control bible
    28 May 2021 Finance
    Treasury plans pandemic-driven update of spending control bible
    Managing Public Money refresh will add guidance on emergency-related risk and more case studies
    Cost of Covid rises to £372bn, National Audit Office finds
    18 May 2021 Finance
    Cost of Covid rises to £372bn, National Audit Office finds
    HMRC has highest pandemic spending level of any government department, according to watchdog
    Treasury threatened with court challenge over civil service pensions ‘theft’
    04 May 2021 Finance
    Treasury threatened with court challenge over civil service pensions ‘theft’
    Unions preparing judicial review plans over department’s “diabolical” proposals to pay for McCloud case costs
    Independent commission calls for Spending Reviews to be dumped
    12 Apr 2021 Finance
    Independent commission calls for Spending Reviews to be dumped
    Panel also calls for departmental boards to get greater powers to scrutinise top officials’ performance
    Treasury publishes Rishi Sunak’s text messages to David Cameron in Greensill lobbying row
    09 Apr 2021 Finance
    Treasury publishes Rishi Sunak’s text messages to David Cameron in Greensill lobbying row
    Chancellor ‘pushed officials to explore options’ messages reveal, but no support was agreed
    PM urged to rule out 40% funding cut at Office for Veterans Affairs
    25 Mar 2021 Finance
    PM urged to rule out 40% funding cut at Office for Veterans Affairs
    Boris Johnson tells MPs no final decision has been made on £2m budget reduction for Cabinet Office unit
    Dominic Cummings rails against Treasury for ‘horrific’ impact on science funding
    19 Mar 2021 Finance
    Dominic Cummings rails against Treasury for ‘horrific’ impact on science funding
    Advanced Research and Invention Agency needs “extreme freedom” from civil service bureaucracy, procurement rules, business cases and pay scales says PM’s former chief spad
    Public services 'face second dose of austerity' to meet Sunak's spending cuts
    18 Mar 2021 Finance
    Public services 'face second dose of austerity' to meet Sunak's spending cuts
    Chancellor’s spending plans "even tighter than they first appeared”, IFS warns
    In the spotlight: Treasury’s public spending chief Cat Little on how Covid changed the finance ministry – and ministerial red boxes
    23 Feb 2021 Finance
    In the spotlight: Treasury’s public spending chief Cat Little on how Covid changed the finance ministry – and ministerial red boxes
    After an extraordinary year, Cat Little reflects on how the Treasury and government finance function met the pressures of a pandemic with innovation
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