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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
    MPs accuse HMRC of being 'consistently misleading' on loan charge
    03 Apr 2019 Finance
    MPs accuse HMRC of being 'consistently misleading' on loan charge

    All-party group demands perm sec Jon Thompson clarifies key questions on controversial remedy to tax-avoidance measure


    Aid watchdog says DfID's investment arm 'lacks rigorous monitoring'
    26 Mar 2019 Finance
    Aid watchdog says DfID's investment arm 'lacks rigorous monitoring'

    CDC is doing too little to ensure the billions it invests have maximum impact, ICAI says


    MoD car park standoff could delay Palace of Westminster refurb
    25 Mar 2019 Finance
    MoD car park standoff could delay Palace of Westminster refurb

    Committee says department’s refusal to engage on key site for Richmond House redevelopment could also add £350m to project cost


    Cabinet Office ‘undermining’ Fast Stream with low pay
    22 Mar 2019 Finance
    Cabinet Office ‘undermining’ Fast Stream with low pay

    Research indicates two-thirds of flagship programme’s participants have seriously considered quitting because of their salary


    Truss hints at quango cuts in Spending Review in attack on 'vested interests'
    20 Mar 2019 Finance
    Truss hints at quango cuts in Spending Review in attack on 'vested interests'

    Setting out her vision for the upcoming Spending Review, Truss said the Treasury would “prioritise ruthlessly”


    HMRC perm sec accused of ‘wilfully and deliberately’ evading questions on loan-charge suicide reports
    19 Mar 2019 Finance
    HMRC perm sec accused of ‘wilfully and deliberately’ evading questions on loan-charge suicide reports

    All party group of MPs says HMRC’s approach “is a direct cause of the acute anxiety and stress people subject to the loan charge are experiencing”


    Brexit chaos gives civil servants ‘leverage on pay’ says union chief
    14 Mar 2019 Finance
    Brexit chaos gives civil servants ‘leverage on pay’ says union chief

    Whitehall’s biggest union urges members to capitalise on government disarray in pending strike ballot


    HMRC perm sec ‘concerned’ over loan-charge suicide stories
    14 Mar 2019 Finance
    HMRC perm sec ‘concerned’ over loan-charge suicide stories

    Jon Thompson warns “that tone of some of the debate around the loan charge, and the spreading of unconfirmed rumours, risks creating additional concern for vulnerable customers”


    Public value framework to become 'part of the culture' in departments
    14 Mar 2019 Finance
    Public value framework to become 'part of the culture' in departments

    Single Departmental Plans to reflect on departments' performance against the framework from 2019-20

     


    NAO report highlights opaque and complicated system of devolved funding
    14 Mar 2019 Finance
    NAO report highlights opaque and complicated system of devolved funding

    The Scottish government said the chancellor should use today's spring statement to "provide a proportionate amount of additional finance and flexibility to Scotland "


    Philip Hammond reveals details of upcoming Spending Review
    13 Mar 2019 Finance
    Philip Hammond reveals details of upcoming Spending Review

    Revised public value framework will underline Spending Review focus on value for money, Hammond said in his Spring Statement


    Treasury launches hunt for private infrastructure investment models – but rules out PFI replacement
    13 Mar 2019 Finance
    Treasury launches hunt for private infrastructure investment models – but rules out PFI replacement

    Consultation seeks views on whether the UK should develop its own infrastructure finance institution after Brexit


    UK Government Investments ‘reviewing’ student loans selloff transparency
    07 Mar 2019 Finance
    UK Government Investments ‘reviewing’ student loans selloff transparency

    Probe set to report on potential for openness over who is buying tranches of multibillion pound loanbook


    HMRC staff vote to strike over office closure
    07 Mar 2019 Finance
    HMRC staff vote to strike over office closure

    PCS says four out of five members voted to strike at west London centre


    Treasury moves to implement £95k redundancy pay cap
    07 Mar 2019 Finance
    Treasury moves to implement £95k redundancy pay cap

    Treasury plans to finally implement cap after passing legislation in 2016


    Ministry of Justice ‘set itself up to fail’ on probation reform, says NAO
    04 Mar 2019 Finance
    Ministry of Justice ‘set itself up to fail’ on probation reform, says NAO

    Watchdog says payment-by-results model will cost department at least £467m more than projected and has not delivered results


    HMRC reaches handover milestone on Bristol hub
    01 Mar 2019 Finance
    HMRC reaches handover milestone on Bristol hub

    Tax agency declares city base structurally complete and ready for fit-out


    One in 10 civil servants ‘on poverty pay’
    28 Feb 2019 Finance
    One in 10 civil servants ‘on poverty pay’

    New research finds tens of thousands of Whitehall workers on trapped in in-work poverty due to low wages


    Kerslake backs call for new government efficiency watchdogs
    28 Feb 2019 Finance
    Kerslake backs call for new government efficiency watchdogs

    Ex-civil service chief says reforms are needed to increase the public’s trust in government and over how public services are funded


    New Office of Tax Simplification chair to lead engagement with HMRC and Treasury
    27 Feb 2019 Finance
    New Office of Tax Simplification chair to lead engagement with HMRC and Treasury

    Kathryn Cearns will replace Angela Knight in the tax office next month


    Union calls for joint action over Civil Service Pension Scheme valuation u-turn
    21 Feb 2019 Finance
    Union calls for joint action over Civil Service Pension Scheme valuation u-turn

    PCS says controversial decision to pause scheme valuations set to mean members miss out on 2% contributions reduction


    CMA gets £17m advance to keep Canary Wharf office move on track
    18 Feb 2019 Finance
    CMA gets £17m advance to keep Canary Wharf office move on track

    Watchdog is set to become latest government body to make east London move after funding advance


    Treasury claim of Brexit deal dividend 'not credible'
    11 Feb 2019 Finance
    Treasury claim of Brexit deal dividend 'not credible'

    Select committee report has also questioned the chancellor's assertion that "austerity is coming to an end"


    Departments’ over-optimistic plans ‘not challenged enough by Treasury and Cabinet Office’
    08 Feb 2019 Finance
    Departments’ over-optimistic plans ‘not challenged enough by Treasury and Cabinet Office’

    Committee inquiry demands action plan to fill skills gaps and calls for Treasury to set out how public value frameworks will be rolled out in Spending Review


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