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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
    Ignoring whistleblowers costs government hundreds of millions of pounds, analysis finds
    04 Feb Finance
    Ignoring whistleblowers costs government hundreds of millions of pounds, analysis finds
    Whistleblowing charity Protect calls for urgent reform after examining Carillion, Horizon and Lucy Letby scandals
    New fiscal framework becomes law as MPs back Charter for Budget Responsibility
    30 Jan Finance
    New fiscal framework becomes law as MPs back Charter for Budget Responsibility
    MPs approve charter designed to create a "stable and predictable fiscal policy environment"
    Reeves: Green book refresh will ‘deliver fair hearing' for all regions
    29 Jan Finance
    Reeves: Green book refresh will ‘deliver fair hearing' for all regions
    Green Book update to report back in June Spending review
    Treasury sets out scope of new loan charge review
    28 Jan Finance
    Treasury sets out scope of new loan charge review
    Terms of reference for second review of HMRC's loan charge scheme published
    Treasury perm sec predicts NAO will reject next Whole of Government Accounts
    24 Jan Finance
    Treasury perm sec predicts NAO will reject next Whole of Government Accounts
    Missing data likely to mean 2023-24 figures will fail to achieve sign-off, just like 2022-23 accounts
    Office for Value for Money 'understaffed, poorly defined' and at risk of duplicating work, MPs say
    21 Jan Finance
    Office for Value for Money 'understaffed, poorly defined' and at risk of duplicating work, MPs say
    Treasury Committee says OVfM must publish more information on its plans and how it will interact with other government organisations
    MPs question HMRC's status as a non-ministerial department
    20 Jan Finance
    MPs question HMRC's status as a non-ministerial department
    Minister James Murray insists he wants tax agency to "take more risks" and get out of its "comfort zone"
    FCDO granted permission to recruit 200 extra development staff
    08 Jan Finance
    FCDO granted permission to recruit 200 extra development staff
    Recruitment will need to be funded through ODA, perm sec says
    Healey updates MPs on MoD's £6bn housing buyback
    07 Jan Finance
    Healey updates MPs on MoD's £6bn housing buyback
    Plans will reverse "notorious" 1990s privatisation of homes for armed services personnel
    Reeves rapped for failing to show working behind 0.5% aid target
    06 Jan Finance
    Reeves rapped for failing to show working behind 0.5% aid target
    International Development Committee says chancellor's response to its questions “raises more questions than it answers”
    Treasury recruiting for new second perm sec
    18 Dec 2024 Finance
    Treasury recruiting for new second perm sec
    Treasury is looking for candidates with "deep financial, business, commercial and analytical experience"
    Cabinet Office accounts qualified over GPA shortcomings
    16 Dec 2024 Finance
    Cabinet Office accounts qualified over GPA shortcomings
    Just-published annual report also details cab sec Simon Case's 2023-24 pay rise
    NAO refuses to sign off Whole of Government Accounts due to missing data
    26 Nov 2024 Finance
    NAO refuses to sign off Whole of Government Accounts due to missing data
    PAC chair says impact of local authority auditing crisis on cross-government snapshot is "deeply unsatisfactory"
    Scottish Government faces 'tough' spending choices despite Budget boost, IFS warns
    26 Nov 2024 Finance
    Scottish Government faces 'tough' spending choices despite Budget boost, IFS warns
    Think tank says ministers should consider banking – rather than spending – some of the uplift that will come from Rachel Reeves' October announcements
    The price of everything and value of nothing
    21 Nov 2024 Finance
    The price of everything and value of nothing
    New teams, units and quangos come and go in government, often at the whim of ministers. How do we make sure the Office for Value for Money is effective?
    Winter fuel payment cut will push 50,000 pensioners into poverty, DWP admits
    20 Nov 2024 Finance
    Winter fuel payment cut will push 50,000 pensioners into poverty, DWP admits
    Kendall meanwhile snubs call for "more detailed assessment" of poverty impacts, including on different protected groups
    Barton: FCDO needs new funding model
    19 Nov 2024 Finance
    Barton: FCDO needs new funding model
    Department will require hundreds of millions of pounds more after 2026-27, perm sec says
    Boosting pay and tackling poor performance should be on Office for Value for Money's agenda – report
    18 Nov 2024 Finance
    Boosting pay and tackling poor performance should be on Office for Value for Money's agenda – report
    New unit should assess cost-benefit analysis of retaining poor performers versus managing them out, Reform think tank says
    Public services facing financial uncertainty despite Budget spending boost – IfG
    12 Nov 2024 Finance
    Public services facing financial uncertainty despite Budget spending boost – IfG
    It is “unlikely” that public services will see a notable improvement in performance next year, think tank warns
    DVLA told to find 5% efficiency savings
    12 Nov 2024 Finance
    DVLA told to find 5% efficiency savings
    Review finds the agency is “critically important” but asks it to cut 5% from its spending over three years
    'The Treasury acted within the law’: Bowler defends officials over Spring Budget preparations
    07 Nov 2024 Finance
    'The Treasury acted within the law’: Bowler defends officials over Spring Budget preparations
    Perm sec says previous budget framework put more onus on OBR to ask questions than HMT to provide information on its own initiative
    OBR chair predicts 'challenging' 2025 Spending Review for departments
    05 Nov 2024 Finance
    OBR chair predicts 'challenging' 2025 Spending Review for departments
    Richard Hughes tells MPs that unprotected departments will be facing real-terms cuts of 1% towards the end of the decade
    Budget: Unprotected departments facing 1.4% cuts from 2026, IFS warns
    31 Oct 2024 Finance
    Budget: Unprotected departments facing 1.4% cuts from 2026, IFS warns
    OBR chair says frontloading of departmental spending allocations is "remarkable"
    Budget: Above-inflation public sector pay awards ‘will require improved productivity’
    31 Oct 2024 Finance
    Budget: Above-inflation public sector pay awards ‘will require improved productivity’
    Departments will need to “carefully consider the trade-offs required to afford pay awards”
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