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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
    Comprehensive Spending Review halted as Treasury prioritises certainty – and reiterates pay restraint warning
    21 Oct 2020 Finance
    Comprehensive Spending Review halted as Treasury prioritises certainty – and reiterates pay restraint warning
    Sunak says now is not the time for a full review
    Treasury perm sec Scholar tight-lipped on impact analysis for Covid-19 tiers
    21 Oct 2020 Finance
    Treasury perm sec Scholar tight-lipped on impact analysis for Covid-19 tiers
    Treasury perm sec grilled by MPs demanding figures for effect on businesses of new localised restrictions
    Former Treasury spending DG appointed Cabinet Office second perm sec
    09 Oct 2020 Finance
    Former Treasury spending DG appointed Cabinet Office second perm sec
    James Bowler moves from MoJ, where he led on policy, communications and analysis of the justice system
    Ministers admit it’s too early to know cost of merging FCO and DfID
    05 Oct 2020 Finance
    Ministers admit it’s too early to know cost of merging FCO and DfID
    Committee chair “astonished” government failed to consult stakeholders before announcing creation of FCDO
    IFS calls for another one-year Spending Review as it warns of sharp choices ahead
    29 Sep 2020 Finance
    IFS calls for another one-year Spending Review as it warns of sharp choices ahead
    Think tank says previous government spending forecasts have been rendered ‘obsolete’ by coronavirus
    Civil Service Fast Stream kicks off recruitment round for over 800 posts
    25 Sep 2020 Finance
    Civil Service Fast Stream kicks off recruitment round for over 800 posts
    Selection of available jobs includes 244 roles for generalist officials
    NAO to probe transparency of government procurement during pandemic
    21 Sep 2020 Finance
    NAO to probe transparency of government procurement during pandemic
    Auditor general says spending watchdog will produce ‘detailed piece of work’
    Companies House unveils clampdown on identity fraud among reforms
    21 Sep 2020 Finance
    Companies House unveils clampdown on identity fraud among reforms
    BEIS executive agency to bar appointment of directors until verification checks are performed
    Looking forward: The investment that could save the public sector time, money and trouble Sponsored
    04 Sep 2020 Finance
    Looking forward: The investment that could save the public sector time, money and trouble
    SAP Concur details the case for better spend management in public sector organisations
    'New radicals': Barclay reveals what Treasury will get and give in Spending Review
    29 Jul 2020 Finance
    'New radicals': Barclay reveals what Treasury will get and give in Spending Review
    Chief secretary reveals a civil servant found £1.3bn in savings as he sets out plans for better use of data
    Sharma overrode value-for-money concerns on £400m investment in bankrupt satellite firm
    23 Jul 2020 Finance
    Sharma overrode value-for-money concerns on £400m investment in bankrupt satellite firm
    Business secretary gave ministerial direction after perm sec flagged “significant downside risks” of OneWeb deal
    Treasury confirms £95k redundancy pay cap – one year on from consultation
    22 Jul 2020 Finance
    Treasury confirms £95k redundancy pay cap – one year on from consultation
    Treasury says government will take forward proposals to limit public sector payoffs
    Don't expect big pay rises, Sunak warns civil servants as he kicks off Spending Review
    22 Jul 2020 Finance
    Don't expect big pay rises, Sunak warns civil servants as he kicks off Spending Review
    Tough choices ahead, warns chancellor as he reveals what departments need to submit to the Treasury for CSR2020
    Senior civil servants to get 2% wage rise as public sector pay deals unveiled
    21 Jul 2020 Finance
    Senior civil servants to get 2% wage rise as public sector pay deals unveiled
    Government also confirms delegated grades will allow departments to make awards within 1.5%-2.5% range
    Chisholm takes on churn and ‘costly, inefficient processes’ in the civil service
    15 Jul 2020 Finance
    Chisholm takes on churn and ‘costly, inefficient processes’ in the civil service
    Coronavirus crisis has added "renewed weight" to the imperative for reform, COO says
    Cost of tackling coronavirus pandemic jumps to £192bn as UK heads for worst economic crash in 300 years
    14 Jul 2020 Finance
    Cost of tackling coronavirus pandemic jumps to £192bn as UK heads for worst economic crash in 300 years
    Economic output may not recover from the Covid-19 pandemic until 2025, according to forecast
    Government to pay young people’s wages for six months under Treasury ‘Plan for Jobs’
    08 Jul 2020 Finance
    Government to pay young people’s wages for six months under Treasury ‘Plan for Jobs’
    Treasury also confirms it still plans to complete a comprehensive spending review to be completed this year despite coronavirus impact
    Boris Johnson says extending coronavirus furlough would leave people in ‘suspended animation’
    03 Jul 2020 Finance
    Boris Johnson says extending coronavirus furlough would leave people in ‘suspended animation’
    Comments come amid calls for scheme to be extended, including to reflect local lockdowns
    Coronavirus: Treasury deletes ‘raise a glass’ tweet promoting pub reopenings after backlash
    02 Jul 2020 Finance
    Coronavirus: Treasury deletes ‘raise a glass’ tweet promoting pub reopenings after backlash
    Tweet said people should ‘raise a glass’ on Saturday
    Former Treasury and IMF official set to head Office for Budget Responsibility
    05 Jun 2020 Finance
    Former Treasury and IMF official set to head Office for Budget Responsibility

    Treasury names Richard Hughes as preferred candidate to head independent fiscal watchdog


    Treasury looking at how to wind down coronavirus furlough scheme but Sunak promises no ‘cliff-edge’
    05 May 2020 Finance
    Treasury looking at how to wind down coronavirus furlough scheme but Sunak promises no ‘cliff-edge’

    Chancellor reveals that the furlough scheme is costing around the same as the NHS


    Business department gets ministerial direction for coronavirus grants
    29 Apr 2020 Finance
    Business department gets ministerial direction for coronavirus grants

    Perm sec Alex Chisholm said it was impossible to determine if the scheme would deliver value for money under Treasury guidance


    Union claims victory in push to keep MoD services in-house
    19 Apr 2020 Finance
    Union claims victory in push to keep MoD services in-house

    PCS says department has reversed plans to outsource a range of veterans’ services after campaign work


    Coronavirus crisis offers ‘rare chance’ for tax reform, says think-tank
    15 Apr 2020 Finance
    Coronavirus crisis offers ‘rare chance’ for tax reform, says think-tank

    Treasury and HMRC urged to build evidence base for change as support for better-funded public services is expected to grow


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