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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
    Departments spending millions on Brexit consultants
    20 Dec 2018 Finance
    Departments spending millions on Brexit consultants

    Transparency data puts latest Cabinet Office and DExEU tally at £10m-plus and rising


    Home Office, Defra and HMRC top latest Brexit funding allocations
    19 Dec 2018 Finance
    Home Office, Defra and HMRC top latest Brexit funding allocations

    Latest tranche of departmental cash takes total government spending on Brexit preparations to over £4bn.


    Scottish Government sets out split pay plan for civil servants
    13 Dec 2018 Finance
    Scottish Government sets out split pay plan for civil servants

    Finance secretary announces 3% increase for civil servants earning up to £36,500, but limits higher earners to 2%


    DBS to ‘start again’ with IT procurement
    06 Dec 2018 Finance
    DBS to ‘start again’ with IT procurement

    Union voices anger that Disclosure and Barring Service project will not be brought back in-house


    HS2 and Crossrail chief Terry Morgan resigns after predicting he would be sacked
    06 Dec 2018 Finance
    HS2 and Crossrail chief Terry Morgan resigns after predicting he would be sacked

    Department for Transport names Allan Cook as replacement for high-speed rail role


    Pensions dashboards will be led by industry, DWP confirms
    04 Dec 2018 Finance
    Pensions dashboards will be led by industry, DWP confirms

    The department has on multiple occasions been forced to deny that it might abandon the project as progress has stalled


    HMRC staff behaviour in tax inquiries ‘falls below expected standards’, say peers
    04 Dec 2018 Finance
    HMRC staff behaviour in tax inquiries ‘falls below expected standards’, say peers

    House of Lords committee concludes that drive to tackle tax evasion “may have pressured staff to take a more aggressive approach”


    Treasury forecasts shows UK economic growth would be hit under every possible Brexit deal
    28 Nov 2018 Finance
    Treasury forecasts shows UK economic growth would be hit under every possible Brexit deal

    Analysis finds Theresa May's proposal would have lowest economic impact


    Government ‘wishful thinking’ on spending plans risks waste on grand scale, says NAO chief
    27 Nov 2018 Finance
    Government ‘wishful thinking’ on spending plans risks waste on grand scale, says NAO chief

    Treasury needs new measures of its own effectiveness in order to drive long-term decision making in government, auditors say


    HMRC ‘should postpone’ Making Tax Digital for VAT rollout
    26 Nov 2018 Finance
    HMRC ‘should postpone’ Making Tax Digital for VAT rollout

    House of Lords select committee says department is “not listening to small businesses”


    Treasury and DfE rapped for ‘short-sighted’ student loans sale
    22 Nov 2018 Finance
    Treasury and DfE rapped for ‘short-sighted’ student loans sale

    Public Accounts Committee urges government to up its game for future deals


    National statistician John Pullinger to step down
    22 Nov 2018 Finance
    National statistician John Pullinger to step down

    Chief exec of UK Statistics Authority will retire from role in June 2019


    Treasury praised for ‘highly ambitious’ Whole of Government Accounts plans
    16 Nov 2018 Finance
    Treasury praised for ‘highly ambitious’ Whole of Government Accounts plans

    MPs told department will bring forward the publication schedule for public-sector-wide data snapshot at the same time as introducing new IT system


    HMRC commended for consultation on digital tax reform
    12 Nov 2018 Finance
    HMRC commended for consultation on digital tax reform

    Peers urge chancellor Philip Hammond to drop plans to extend the window in which HMRC can investigate taxpayers’ affairs if they had some tax dealings outside the UK


    Bronwen Maddox: Hammond offered no rescue from the fiscal squeeze that is coming
    09 Nov 2018 Finance
    Bronwen Maddox: Hammond offered no rescue from the fiscal squeeze that is coming

    Philip Hammond heralded an end to austerity, but with growing pressures set to squeeze services further, his Budget can’t meet the public’s expectations


    Home Office ‘must boost understanding of police funding ahead of Spending Review’
    07 Nov 2018 Finance
    Home Office ‘must boost understanding of police funding ahead of Spending Review’

    Public Accounts Committee chides department for not going ahead with police funding formula review despite agreeing re-examination was needed


    HMRC showing cracks under Brexit pressure, MPs warn
    02 Nov 2018 Finance
    HMRC showing cracks under Brexit pressure, MPs warn

    Public Accounts Committee points to rising fraud and error projections amid ‘daunting workload’


    Budget 2018: PFI best practice centre to be based in Department of Health and Social Care
    30 Oct 2018 Finance
    Budget 2018: PFI best practice centre to be based in Department of Health and Social Care

    Move to improve management of existing private finance deals comes as Philip Hammond rules out signing any more PFI deals


    Budget 2018: Philip Hammond announces the end of PFI
    29 Oct 2018 Finance
    Budget 2018: Philip Hammond announces the end of PFI

    Chancellor says that the funding mechanism does not provide value for money but confirms half of government infrastructure plan will be privately funded


    Include digital transformation in SDPs to let departments manage reform, says IfG
    29 Oct 2018 Finance
    Include digital transformation in SDPs to let departments manage reform, says IfG

    Treasury guidance encourages departments to offer “unreasonable certainty in timelines, costs and benefits”, IfG report finds


    HMRC would need 5,300 extra staff for no-deal Brexit, tax agency chief says
    18 Oct 2018 Finance
    HMRC would need 5,300 extra staff for no-deal Brexit, tax agency chief says

    Permanent secretary Jon Thompson shares the figures as senior officials tell committee they can’t guarantee no-deal would go smoothly 


    PCS union wins £3m payout from DWP in check-off victory
    17 Oct 2018 Finance
    PCS union wins £3m payout from DWP in check-off victory

    The union said it is gearing up to take legal action against every major department that ended check-off provisions


    Treasury refuses to calculate profits made by PFI investors
    10 Oct 2018 Finance
    Treasury refuses to calculate profits made by PFI investors

    Department says the calculation would require “significant time and investment” to calculate returns and would not be proportionate


    BEIS finally publishes report on shelved Land Registry sell-off
    08 Oct 2018 Finance
    BEIS finally publishes report on shelved Land Registry sell-off

    Consultation analysis underscores weight of organised opposition to Cameron-era proposals ditched by May regime


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