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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
    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


    PCS seeks ‘immediate’ talks with Cabinet Office on 5% pay demand as cap-busting NHS deal looms
    09 Mar 2018 Finance
    PCS seeks ‘immediate’ talks with Cabinet Office on 5% pay demand as cap-busting NHS deal looms

    Union’s national executive calls for pan-Whitehall dialogue on ending pay cap with threat of national ballot on the strike action


    NAO reveals departments’ concerns over impact of council cuts
    08 Mar 2018 Finance
    NAO reveals departments’ concerns over impact of council cuts

    Report highlights warnings of a ‘crisis-driven’ approach of local authorities increasingly focus on providing core statutory social services


    Retired civil servants face pension cuts after MyCSP uncovers overpayments of £22m
    07 Mar 2018 Finance
    Retired civil servants face pension cuts after MyCSP uncovers overpayments of £22m

    Cabinet Office accounts reveal historic overpayments in amounts handed to former public sector employees


    Departments 'raid £300m’ from Libor fines meant for army charities to plug shortfalls in their budgets
    28 Feb 2018 Finance
    Departments 'raid £300m’ from Libor fines meant for army charities to plug shortfalls in their budgets

    Cabinet ministers have dipped into a special pot set up by former chancellor George Osborne 


    Improved government commercial skills have hit outsourcers, says Serco chief
    23 Feb 2018 Finance
    Improved government commercial skills have hit outsourcers, says Serco chief

    Firm says bolstered transparency, a fair dealing ethos and more break-clauses should be introduced in wake of Carillion’s demise


    Karen Bradley: Westminster has ‘no choice’ but to impose Northern Ireland budget
    21 Feb 2018 Finance
    Karen Bradley: Westminster has ‘no choice’ but to impose Northern Ireland budget

    Northern Ireland secretary responds to calls from DUP leader Arlene Foster to intervene in absence of devolved government 


    Watchdog praises DfID on value for money but says aid spending ‘too short term’
    20 Feb 2018 Finance
    Watchdog praises DfID on value for money but says aid spending ‘too short term’

    Independent review offers five recommendations to help department deliver aid more effectively


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