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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
    BEIS under fire for research and development investment failings
    23 Apr 2018 Finance
    BEIS under fire for research and development investment failings

    MPs criticise department for not knowing where to spend £7bn pump-priming cashpot


    NAO says cost of Brexit could easily fall outside Treasury estimate
    19 Apr 2018 Finance
    NAO says cost of Brexit could easily fall outside Treasury estimate

    Public spending watchdog supports reasoning behind £35-39bn projection but warns "relatively small changes" could push cost outside the range


    HMRC faces questions for refusing to help probe into firm which donated money to Conservatives
    19 Apr 2018 Finance
    HMRC faces questions for refusing to help probe into firm which donated money to Conservatives

    Tax authority set to be questioned by select committee after investigations reveal political donations were included in background note for telecoms giant Lycamobile


    TUC rings alarm on outsourcing giants’ dividend payments after Carillion collapse
    16 Apr 2018 Finance
    TUC rings alarm on outsourcing giants’ dividend payments after Carillion collapse

    Three months after the collapse of Carillion, organisation says outsourcing firms’ operating models require greater scrutiny


    Perm secs must make case to boost Whitehall pay after NHS deal says PCS
    13 Apr 2018 Finance
    Perm secs must make case to boost Whitehall pay after NHS deal says PCS

    Union urges departmental leaders to lobby Treasury on pay demand, as other public sector leaders have


    IFS warns local government finance pilots will cost Whitehall £873m
    13 Apr 2018 Finance
    IFS warns local government finance pilots will cost Whitehall £873m

    Think-tank says business rates retention schemes will reduce central government’s financial flexibility and may not provide valuable insight


    DIT gets ministerial direction for £9m Trade Remedies Authority costs
    12 Apr 2018 Finance
    DIT gets ministerial direction for £9m Trade Remedies Authority costs

    Perm sec Antonia Romeo argues delaying work until the department has statutory powers would put Brexit readiness at risk, in the third Whitehall direction for post-EU spending


    Government moves to exclude bids from suppliers who treat subcontractors badly
    10 Apr 2018 Finance
    Government moves to exclude bids from suppliers who treat subcontractors badly

    Cabinet Office announces new measures to clamp down on late payments to SMEs in supply chain


    Cabinet Office data reveals dip in receipts from government land disposals
    06 Apr 2018 Finance
    Cabinet Office data reveals dip in receipts from government land disposals

    Question mark over £5bn 2020 target as 2016-17 sales bring in just £601m


    Latest HMRC hub deal signed in Greater Manchester
    03 Apr 2018 Finance
    Latest HMRC hub deal signed in Greater Manchester

    Some 2,000 staff to move to Salford in 2022, with 2,500 more to follow in 2027


    Department for Education 'too slow' to identify academies in financial trouble, say MPs
    03 Apr 2018 Finance
    Department for Education 'too slow' to identify academies in financial trouble, say MPs

    Public Accounts Committee tells ministry to up its game on keeping track of schools operators at risk of going broke



     


    NHS could be given multi-year funding deal ahead of Spending Review, PM hints
    28 Mar 2018 Finance
    NHS could be given multi-year funding deal ahead of Spending Review, PM hints

    Possibility of ten-year funding deal, hinted at in session with MPs, described as “the best possible Easter present for the health and social care system”


    Treasury slammed over failings after childcare support reforms
    23 Mar 2018 Finance
    Treasury slammed over failings after childcare support reforms

    MPs point to low takeup and inadequate funding and warn ministers do not know whether the anticipated productivity boost will actually happen


    Civil service chief says it’s ‘unacceptable’ to leave staff in charge of Northern Ireland
    23 Mar 2018 Finance
    Civil service chief says it’s ‘unacceptable’ to leave staff in charge of Northern Ireland

    David Sterling tells inquiry his workforce cannot be expected to deliver beyond their resources and skills sets as power vacuum continues


    The big HMCTS sell-off: buyers of 152 former courts revealed
    23 Mar 2018 Finance
    The big HMCTS sell-off: buyers of 152 former courts revealed

    Majority of magistrate’s and county courts sold since 2010 went to property developers, followed by private owners and local authorities


    MoD ‘dragging feet’ on single-source procurement reform
    23 Mar 2018 Finance
    MoD ‘dragging feet’ on single-source procurement reform

    Watchdog MPs doubt department’s ability to meet £1.7bn savings target from new regulations


    DWP redeploys 400 civil servants to check benefit claims amid widespread underpayments
    21 Mar 2018 Finance
    DWP redeploys 400 civil servants to check benefit claims amid widespread underpayments

    Department forced to check 300,000 claims after tribunal ruling on flaws in employment and support allowance


    Civil Service Compensation Scheme changes ‘will take months’ says PCS
    19 Mar 2018 Finance
    Civil Service Compensation Scheme changes ‘will take months’ says PCS

    Cabinet Office gives unions six weeks to table compo package to rival its own update proposals


    Javid urged to appoint government commissioners to run crisis-hit county council
    15 Mar 2018 Finance
    Javid urged to appoint government commissioners to run crisis-hit county council

    Independent report says Northamptonshire has irreparably dysfunctional organisational structure and should be split up


    Four Commons committees join forces to urge cross-Whitehall action on air quality
    15 Mar 2018 Finance
    Four Commons committees join forces to urge cross-Whitehall action on air quality

    Unprecedented report makes demands of six departments and calls for better oversight to ‘prevent policy from working at cross-purposes’


    Former Treasury perm sec 'starts campaign' to retain 1p coin as consultation floats abolition
    14 Mar 2018 Finance
    Former Treasury perm sec 'starts campaign' to retain 1p coin as consultation floats abolition

    Possible change criticised by former Treasury perm sec Nick Macpherson as “trashing history”


    Spring Statement: Hammond confirms 2019 Spending Review and allocates Brexit cash
    13 Mar 2018 Finance
    Spring Statement: Hammond confirms 2019 Spending Review and allocates Brexit cash

    Chancellor says if public finance improvement continues he could increase public spending from 2020


    IFS: expect Spring Statement smiles from Hammond – but austerity is far from over
    12 Mar 2018 Finance
    IFS: expect Spring Statement smiles from Hammond – but austerity is far from over

    Think tank says chancellor will trumpet lower annual borrowing but report a much bigger deficit than predicted two years ago


    Government to explore how to boost social impact investing for local services
    12 Mar 2018 Finance
    Government to explore how to boost social impact investing for local services

    Theresa May announces new analysis intended to keep the UK as a world leader in social investment


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