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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    'Scrape the barnacles from the hull': Ex-chief of defence staff makes 'last throw of the dice' for radical change in MoD
    16 Sep Finance

    'Scrape the barnacles from the hull': Ex-chief of defence staff makes 'last throw of the dice' for radical change in MoD

    MoD must be prepared to “risk public money so as to be more effective and go faster", Admiral Radakin says
    by Suzannah Brecknell
    DHSC second perm sec to become envoy for northern growth
    30 Oct Finance
    DHSC second perm sec to become envoy for northern growth
    HMRC error means public sector borrowing was overestimated by £3bn
    09 Oct Finance
    HMRC error means public sector borrowing was overestimated by £3bn
    DHSC second perm sec appointed as National Wealth Fund NED
    02 Oct Finance
    DHSC second perm sec appointed as National Wealth Fund NED
    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


    Brexit Britain ‘needs own infrastructure bank’, peers say
    04 Feb 2019 Finance
    Brexit Britain ‘needs own infrastructure bank’, peers say

    Committee raises alarm over loss of European Investment Bank funding stream


    Fury as Treasury pauses Civil Service Pension Scheme valuation
    31 Jan 2019 Finance
    Fury as Treasury pauses Civil Service Pension Scheme valuation

    Unions cry foul over delay to pensions boost but Truss says Court of Appeal decision could have £4bn annual impact 


    Treasury told to detail plans for publishing true Brexit costs
    25 Jan 2019 Finance
    Treasury told to detail plans for publishing true Brexit costs

    Public Accounts Committee demands clarity on how Whole of Government Accounts will present EU exit spending


    DfE 'does not understand' impact of funding pressures on schools, MPs claim
    23 Jan 2019 Finance
    DfE 'does not understand' impact of funding pressures on schools, MPs claim

    Public Accounts Committee also said the department lacked teeth when it came to dealing with failing academy trusts.


    Spending Review: Treasury minister vows to axe 'white elephant' government spending projects
    07 Jan 2019 Finance
    Spending Review: Treasury minister vows to axe 'white elephant' government spending projects

    Liz Truss says that zero-based review of capital projects  could see some major projects "junked"


    IfG calls for transparency after Manzoni hints at secret single departmental plans
    21 Dec 2018 Finance
    IfG calls for transparency after Manzoni hints at secret single departmental plans

    Greater clarity over how spending plans relate to departmental objectives would demonstrate government’s commitment to openness, says think-tank


    HMRC Making Tax Digital programme ‘progressing well’, minister claims
    21 Dec 2018 Finance
    HMRC Making Tax Digital programme ‘progressing well’, minister claims

    Department is contacting businesses to encourage early enrolment ahead of use becoming mandatory in August


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