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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
    HMRC boss blasts MPs who claimed fraud update was ‘misleading’
    05 Mar 2020 Finance
    HMRC boss blasts MPs who claimed fraud update was ‘misleading’

    Jim Harra ‘strongly rejects’ criticism from Ed Davey’s APPG on the controversial Loan Charge


    IPA creates new director post to aid ‘infrastructure revolution’
    05 Mar 2020 Finance
    IPA creates new director post to aid ‘infrastructure revolution’

    Body offers £149,500 a year for official to oversee work on HS2, Northern Powerhouse Rail and nuclear projects


    Treasury 'will need to raise taxes or scrap fiscal rules again to avoid 2021 spending squeeze'
    26 Feb 2020 Finance
    Treasury 'will need to raise taxes or scrap fiscal rules again to avoid 2021 spending squeeze'

    IFS sets out Budget bind in analysis of public finances ahead of 11 March statement


    MHCLG offers £180,000 for 'financially shrewd' perm sec
    25 Feb 2020 Finance
    MHCLG offers £180,000 for 'financially shrewd' perm sec

    Department chief will oversee a "growing portfolio of financial investments in housing and infrastructure delivery", according to job advert


    Sunak told more tax is ‘only responsible way’ to boost public services
    24 Feb 2020 Finance
    Sunak told more tax is ‘only responsible way’ to boost public services

    Big numbers for capital spending in next month’s budget won’t fix decade of austerity, think-tank warns


    Home Office blasted for procurement record as Serco wins £200m contract
    21 Feb 2020 Finance
    Home Office blasted for procurement record as Serco wins £200m contract

    NAO says department ‘faces delivery and coordination challenges’ when it relies on others deliver public services


    Deadline for applications to head OBR extended by Treasury
    20 Feb 2020 Finance
    Deadline for applications to head OBR extended by Treasury

    Applicants given an additional month to apply to head finance watchdog


    Ministers accused of ‘abusing power’ on Civil Service Pension Scheme contributions
    20 Feb 2020 Finance
    Ministers accused of ‘abusing power’ on Civil Service Pension Scheme contributions

    Professionals’ union Prospect wades into row over government’s failure to reduce contribution rates following valuations ‘pause’


    Automation likely to shrink civil service workforce, says Sedwill
    17 Feb 2020 Finance
    Automation likely to shrink civil service workforce, says Sedwill

    Cabinet secretary says greater use of automation will allow for better rates 


    Union seeks Civil Service Pension Scheme judicial review
    17 Feb 2020 Finance
    Union seeks Civil Service Pension Scheme judicial review

    High Court move will challenge government’s failure to reduce contributions following firefighters' ruling


    HMPPS needs realistic long-term vision for prisons estate, warns NAO
    07 Feb 2020 Finance
    HMPPS needs realistic long-term vision for prisons estate, warns NAO

    Report blasts "incomplete and inaccurate" understanding of conditions and flags £916m backlog of major repairs


    Cabinet Office reveals highest earners with HS2 chief at top
    24 Jan 2020 Finance
    Cabinet Office reveals highest earners with HS2 chief at top

    Mark Thurston leads ranking for second year running as John Manzoni and Mark Sedwill well down list


    Treasury seeks new OBR chief
    24 Jan 2020 Finance
    Treasury seeks new OBR chief

    Appointment will replace Robert Chote, who has led fiscal watchdog since 2010


    DHSC ‘needlessly’ paid £42m to end Carillion hospital PFI contract
    20 Jan 2020 Finance
    DHSC ‘needlessly’ paid £42m to end Carillion hospital PFI contract

    Watchdog says keenness to proceed with Liverpool project led to deal being struck before construction failings were known


    Treasury planning pension changes to end tax trap that cost top officials £6m
    16 Jan 2020 Finance
    Treasury planning pension changes to end tax trap that cost top officials £6m

    Overhaul would mean tax taper would "rightly affect high earners such as bankers", not doctors, air traffic controllers and fire officials, union says


    BEIS ‘cannot know’ whether its business-support schemes are good value
    16 Jan 2020 Finance
    BEIS ‘cannot know’ whether its business-support schemes are good value

    National Audit Office flags lack of measurable objectives and impact evaluation in department’s £2.4bn-a-year portfolio of help


    Northern Ireland Executive to become Living Wage employer
    16 Jan 2020 Finance
    Northern Ireland Executive to become Living Wage employer

    Pledge made in agreement restoring power sharing at Stormont


    Government gets keys to £100m Cardiff hub
    16 Jan 2020 Finance
    Government gets keys to £100m Cardiff hub

    Central Square offices will house 4,000 civil servants by end of the year


    Government agrees £106m rescue deal for troubled Flybe airline and plans connectivity review
    15 Jan 2020 Finance
    Government agrees £106m rescue deal for troubled Flybe airline and plans connectivity review

    BEIS secretary Andrea Leadsom says departments across government have worked to agree the deal in an incredibly short timeframe


    MoD rapped for delays and huge cost over-runs at nuclear sites
    10 Jan 2020 Finance
    MoD rapped for delays and huge cost over-runs at nuclear sites

    Officials failed to learn lessons as cost of projects rockets by 115%, NAO says


    Ministry of Justice staffer jailed for £1.7m fraud
    09 Jan 2020 Finance
    Ministry of Justice staffer jailed for £1.7m fraud

    Manager set up monthly payments to his own business for made-up IT services contract


    First post-Brexit Budget set to be held on 11 March
    07 Jan 2020 Finance
    First post-Brexit Budget set to be held on 11 March

    Chancellor pledges to 'unleash Britain’s potential' with statement expected to set out spending plan after UK’s exit from the EU


    Loan charge review: former NAO chief condemns abuse of HMRC officials
    23 Dec 2019 Finance
    Loan charge review: former NAO chief condemns abuse of HMRC officials

    Morse’s recommendation to cut ten years from controversial claw-back window accepted by the Treasury


    Treasury staff to move out of London in the new year if Labour is elected
    09 Dec 2019 Finance
    Treasury staff to move out of London in the new year if Labour is elected

    Shadow chancellor also confirms plan to hold February budget “to end austerity in social security and public services”


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