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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Jeremy Hunt: I had to earn civil servants’ trust after Tom Scholar sacking
    17 Jul Finance

    Jeremy Hunt: I had to earn civil servants’ trust after Tom Scholar sacking

    Jeremy Hunt also speaks about the advice he gave to Wes Streeting and why he's not a fan of "mission-driven" government
    by Tevye Markson
    Spending Review 2025 recap: Here's everything you need to know
    04 Aug Finance
    Spending Review 2025 recap: Here's everything you need to know
    In conversation with… former Treasury perm sec Lord Terry Burns
    30 Jul Finance
    In conversation with… former Treasury perm sec Lord Terry Burns
    Home Office wrote off £48.5m after scrapping plan to use RAF base for asylum seekers
    29 Jul Finance
    Home Office wrote off £48.5m after scrapping plan to use RAF base for asylum seekers
    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”
    Budget: Capital budget rules change as Treasury unveils new fiscal framework
    30 Oct 2024 Finance
    Budget: Capital budget rules change as Treasury unveils new fiscal framework
    Departments will get five-year capital budgets, extended every two years at regular spending reviews
    Budget: Departments' day-to-day spending to rise 1.5% in real terms
    30 Oct 2024 Finance
    Budget: Departments' day-to-day spending to rise 1.5% in real terms
    Total departmental spending will rise by an average of 1.5% a year over the next five years, chancellor announces, with higher rises in the next two years
    Office for Value for Money to play key role in SR25 as first-year saving plans confirmed
    30 Oct 2024 Finance
    Office for Value for Money to play key role in SR25 as first-year saving plans confirmed
    Chancellor confirms David Goldstone as first chair of new body which will carry out value for money assessments of high risk spending
    Hunt goes on attack ahead of OBR report on last government's spending plans
    29 Oct 2024 Finance
    Hunt goes on attack ahead of OBR report on last government's spending plans
    Ex-chancellor says watchdog's impartiality – and that of the civil service – is at risk in letter to cabinet secretary
    Reinstate outcome delivery plans to improve spending decisions, NAO says
    28 Oct 2024 Finance
    Reinstate outcome delivery plans to improve spending decisions, NAO says
    Spending watchdog calls for changes to “incentives and behaviours” around planning and spending ahead of SR2025
    Reeves slashes budget for National Wealth Fund
    15 Oct 2024 Finance
    Reeves slashes budget for National Wealth Fund
    UK Infrastructure Bank will be rebranded as NWF, but will come with less new money
    Budget: No.10 says it will stick with fiscal rules
    08 Oct 2024 Finance
    Budget: No.10 says it will stick with fiscal rules
    Confirmation of commitment to rules comes as IPPR report suggests reforming them could unlock £57bn of spending
    Chancellor pledges real-terms increase to government spending
    23 Sep 2024 Finance
    Chancellor pledges real-terms increase to government spending
    But Reeves does not rule out cuts to individual departments' budgets over the course of this parliament
    Government could save billions on procurement – IfG
    20 Sep 2024 Finance
    Government could save billions on procurement – IfG
    Report calls for end to automatic renewal of management consultancy contracts and increased transparency over spending

    Darzi review: Underfunding and raids on capital budget have 'left NHS estate crumbling'
    12 Sep 2024 Finance
    Darzi review: Underfunding and raids on capital budget have 'left NHS estate crumbling'
    Report that will inform NHS 10-year plan highlights "desperate" shortage of capital funding and “dysfunctional” state of regime
    Hillier to chair Treasury committee
    11 Sep 2024 Finance
    Hillier to chair Treasury committee
    Former PAC chair is among eight new select committee chairs who have been elected this week
    Cab sec criticises Conservatives' handling of budget pressures
    03 Sep 2024 Finance
    Cab sec criticises Conservatives' handling of budget pressures
    Simon Case says last government's failure to update 2021 Spending Review has contributed to financial uncertainty
    Consultancy spending yet to drop to pre-pandemic levels
    02 Sep 2024 Finance
    Consultancy spending yet to drop to pre-pandemic levels
    DESNZ was biggest central-government spender last year as cross-public sector spending on consultants hit £3.4bn
    Home Office under fire for 'deeply unsatisfactory' asylum budgeting
    29 Aug 2024 Finance
    Home Office under fire for 'deeply unsatisfactory' asylum budgeting
    Think tank says pattern of multi-billion-pound annual overspends looks like a breach of Treasury rules
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