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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Spring Budget: Government launches new savings tracker amid departmental spending squeeze
    15 Mar Finance

    Spring Budget: Government launches new savings tracker amid departmental spending squeeze

    IFS warns defence and childcare boosts could mean “very tough time for other spending areas”
    by Tevye Markson
    Spring Budget defence and childcare boosts 'mean spending cuts elsewhere'
    16 Mar Finance
    Spring Budget defence and childcare boosts 'mean spending cuts elsewhere'
    DLUHC’s local-audit backlog issues ‘could get worse’, watchdog warns
    16 Mar Finance
    DLUHC’s local-audit backlog issues ‘could get worse’, watchdog warns
    High Court rejects challenge to Civil Service Pension Scheme costs
    15 Mar Finance
    High Court rejects challenge to Civil Service Pension Scheme costs
    HMRC in Public Accounts Committee's firing line again after making 'little or no progress'
    04 Nov 2015 Finance
    HMRC in Public Accounts Committee's firing line again after making "little or no progress"

    Public Accounts Committee criticises HMRC over customer service, compliance and tackling aggressive tax planning – while HMRC says MPs have "overlooked" its achievements


    Kids Company collapse: NAO says officials raised concerns over charity 'at least' six times
    29 Oct 2015 Finance
    Kids Company collapse: NAO says officials raised concerns over charity "at least" six times

    Report by the National Audit Office spending watchdog finds that charity received £46m of public funding over 15 years


    Kids Company collapse: former Cabinet Office perm sec Richard Heaton to appear before MPs next week
    26 Oct 2015 Finance
    Kids Company collapse: former Cabinet Office perm sec Richard Heaton to appear before MPs next week

    Official who raised value for money concerns over further funding for the charity to face questions from the Public Accounts Committee


    Sajid Javid makes case for BIS ahead of the Spending Review – but hints at shrinking estate
    14 Oct 2015 Finance
    Sajid Javid makes case for BIS ahead of the Spending Review – but hints at shrinking estate

    Business secretary tells MPs that axing Department for Business, Innovation and Skills would be a "step backwards". But he asks: "Do we need 80 locations?"


    Unprotected departments face cuts of 27%, says the IFS
    02 Oct 2015 Finance
    Unprotected departments face cuts of 27%, says the IFS

    Institute for Fiscal Studies gives its assessment ahead of the Spending Review – and warns easier efficiency savings have already been "identified and delivered"


    McKinsey consultants advising BIS on savings, Sajid Javid confirms
    18 Sep 2015 Finance
    McKinsey consultants advising BIS on savings, Sajid Javid confirms

    Management consultants looking at "operating costs across the department and partner organisations", says business secretary, but none "working directly" on its response to the Spending Review


    OBR chief: I won't 'beat up' Treasury officials over forecast suggestions
    16 Sep 2015 Finance
    OBR chief: I won't "beat up" Treasury officials over forecast suggestions

    Robert Chote – reappointed as chair of the Office for Budget Responsibility watchdog – says he is "relaxed" about Treasury suggesting changes to its independent forecasts


    MPs to quiz Office for Budget Responsibility chief over Treasury influence
    14 Sep 2015 Finance
    MPs to quiz Office for Budget Responsibility chief over Treasury influence

    Select committee to question OBR's Robert Chote after e-mails show Treasury seeks changes to wording of draft forecast


    HMRC chief Lin Homer looks to 'diamond-shaped' future for department
    09 Sep 2015 Finance
    HMRC chief Lin Homer looks to "diamond-shaped" future for department

    Lin Homer tells MPs on the Public Accounts Committee that HMRC's "most basic" jobs will continue to be cut as department reduces number of sites across UK


    UK Export Finance names new chief executive
    02 Sep 2015 Finance
    UK Export Finance names new chief executive

    Chief operating officer at Standard Chartered Bank to succeed David Godfrey as new chief executive of UK Export Finance 


    Job cuts possible as HMRC to open talks on future of 200 staff
    06 Aug 2015 Finance
    Job cuts possible as HMRC to open talks on future of 200 staff

    Exclusive: Tax authority says it will aim to "avoid the need for compulsory redundancies" when 90-day process opens next week


    Matt Hancock vows to scrap automatic union fee payments across the civil service
    06 Aug 2015 Finance
    Matt Hancock vows to scrap automatic union fee payments across the civil service

    Unionised civil servants to lose right to automatic payroll deduction of fees - known as “check-off” - under plans set out by Cabinet Office minister Matt Hancock


    Kids Company charity 'set to close' in spite of further government funding
    05 Aug 2015 Finance
    Kids Company charity "set to close" in spite of further government funding

    Charity has reportedly told the government it will close in spite of latest £3m Cabinet Office grant


    John Manzoni: 'Single Departmental Plans' will be 'completely aligned' with Spending Review
    30 Jul 2015 Finance
    John Manzoni: "Single Departmental Plans" will be "completely aligned" with Spending Review

    Civil service chief executive talks up Single Departmental Plans, saying they will offer "single, clear roadmap" for managing resources ahead of the Spending Review


    Spending review 2015: George Osborne asks departments to plan for 25% and 40% resource spending cuts
    21 Jul 2015 Finance
    Spending review 2015: George Osborne asks departments to plan for 25% and 40% resource spending cuts

    Treasury says spending review - set for November 25 - will be a chance to "review the role of government"


    Spending review: George Osborne names the date
    21 Jul 2015 Finance
    Spending review: George Osborne names the date

    Push for £20bn of departmental cuts begins today - with spending review conclusions to be set out on November 25


    Spending watchdog sounds the alarm on 'declining' further education finances
    20 Jul 2015 Finance
    Spending watchdog sounds the alarm on "declining" further education finances

    BIS and DfE urged to take "strategic" action over struggling colleges, while separate report confirms that the Skills Funding Agency's accounts have been qualified


    Spending watchdog qualifies DWP accounts over 'unacceptable' benefit fraud and error levels
    16 Jul 2015 Finance
    Spending watchdog qualifies DWP accounts over "unacceptable" benefit fraud and error levels

    Department for Work and Pensions accounts qualified again as NAO says fraud and error in the benefits system "remains unacceptably high"


    Looking across: Devolution is finally being taken out of the “too difficult” box
    13 Jul 2015 Finance
    Looking across: Devolution is finally being taken out of the “too difficult” box

    Waheed Nazir – director of planning and regeneration and chief planning officer at Birmingham City Council​ – gives an outside perspective of the civil service, and says Whitehall is improving the way it works with local partners


    Jeremy Heywood: 'No planned target' for civil service job cuts
    10 Jul 2015 Finance
    Jeremy Heywood: "No planned target" for civil service job cuts

    Cabinet secretary stresses that spending review will allow departments to make "considered decisions" on "size and shape of their workforces"


    Richard Douglas rewarded for civil service career
    10 Jul 2015 Finance
    Richard Douglas rewarded for civil service career

    Former head of the government finance profession handed CIPFA medal for "outstanding" public service


    Protect Scottish civil servants from George Osborne's pay freeze, urges PCS union
    09 Jul 2015 Finance
    Protect Scottish civil servants from George Osborne's pay freeze, urges PCS union

    Union calls on Scots finance minister John Swinney to reject Chancellor's one per cent public sector payrise cap north of the border


    Budget 2015: Four more years of 1% public sector payrises, George Osborne confirms
    08 Jul 2015 Finance
    Budget 2015: Four more years of 1% public sector payrises, George Osborne confirms

    Chancellor uses first Conservative-only Budget to announce four more years of public sector pay restraint


    Summer Budget 2015: George Osborne’s welfare savings plan 'to be slowed'
    08 Jul 2015 Finance
    Summer Budget 2015: George Osborne’s welfare savings plan 'to be slowed'

    Welfare cuts plan will reportedly be spread out over three years


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