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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
    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
    MPs ‘must wait’ for answers to concerns about departments’ tech procurement
    25 Sep Finance
    MPs ‘must wait’ for answers to concerns about departments’ tech procurement
    Civil servants ‘should consider public borrowing plans for infrastructure – even if not government policy’
    22 Nov 2017 Finance
    Civil servants ‘should consider public borrowing plans for infrastructure – even if not government policy’

    Report by MPs concluded that departments did not show ministers risks of different possible funding schemes for Hinckley Point C nuclear scheme


    'No public sector pay rise expected' in Hammond's Budget
    21 Nov 2017 Finance
    'No public sector pay rise expected' in Hammond's Budget

    Report suggests Chancellor Philip Hammond is not planning to offer cash to fund a pay rise


    Whitehall productivity review calls for civil service to be opened up to ‘disruptive innovation’
    20 Nov 2017 Finance
    Whitehall productivity review calls for civil service to be opened up to ‘disruptive innovation’

    Chancellor Philip Hammond set to respond to Sir Michael Barber’s proposals in Wednesday’s Autumn Budget


    People Survey 2017: BEIS claws back some ‘purpose’ while HMRC staff unhappiest
    17 Nov 2017 Finance
    People Survey 2017: BEIS claws back some ‘purpose’ while HMRC staff unhappiest

    Civil service poll shows a more engaged workforce but analysis of the figures shows up several pockets of dissatisfaction


    ONS to reclassify housing associations as private sector bodies
    16 Nov 2017 Finance
    ONS to reclassify housing associations as private sector bodies

    Government stats watchdog reverses 2015 decision to classify sector as part of the public sector after deregulation legislation


    Foreign Office haggling with Treasury over cash for 100 new staff
    16 Nov 2017 Finance
    Foreign Office haggling with Treasury over cash for 100 new staff

    FCO wants a greater share of the UK aid budget and a stronger role leading foreign policy, officials tell MPs


    Lift pay cap and recoup billions in taxes and smaller benefits bill, Treasury told
    15 Nov 2017 Finance
    Lift pay cap and recoup billions in taxes and smaller benefits bill, Treasury told

    New analysis by the IPPR think tank reveals that a public sector pay rise in line with inflation would return £2.5bn to public coffers


    NAO: government lacks leadership in research areas like robotics and climate
    15 Nov 2017 Finance
    NAO: government lacks leadership in research areas like robotics and climate

    Post-Brexit Britain “could lose its research edge” unless departments step up, say public spending watchdogs


    Westminster to pass Northern Ireland budget so civil servants 'don't run out of money’
    13 Nov 2017 Finance
    Westminster to pass Northern Ireland budget so civil servants 'don't run out of money’

    Sinn Féin and DUP fail to reach power-sharing deal but Northern Ireland secretary insists new legislation does not amount to direct rule


    HS2 appoints new HR director after redundancy payments debacle
    13 Nov 2017 Finance
    HS2 appoints new HR director after redundancy payments debacle

    Former Post Office and MoJ man Neil Hayward replaces Peter Gregory at DfT firm


    Student Loans Company chief exec sacked for poor leadership
    09 Nov 2017 Finance
    Student Loans Company chief exec sacked for poor leadership

    Steve Lamey will be succeeded on an interim basis by outgoing ESFA chief Peter Lauener

    Ballot finds 80% of civil servants prepared to strike for a pay rise
    08 Nov 2017 Finance
    Ballot finds 80% of civil servants prepared to strike for a pay rise

    PCS union survey finds 99% of members want government to scrap public sector pay cap


    Personal-debt busting proposals bag Whitehall innovation prize
    07 Nov 2017 Finance
    Personal-debt busting proposals bag Whitehall innovation prize

    DWP, HMRC, DCMS and Cabinet Office staff win 2017 Reimagine Challenge for joined-up approach to aiding poor people in financial crisis


    HMRC ‘must investigate’ allegations from Paradise Papers leak
    06 Nov 2017 Finance
    HMRC ‘must investigate’ allegations from Paradise Papers leak

    Public Accounts Committee to question tax officials today while union calls for halt of office closures plan 


    Devolution of Jobcentre Plus part of proposal to localise £100bn of Whitehall spending
    03 Nov 2017 Finance
    Devolution of Jobcentre Plus part of proposal to localise £100bn of Whitehall spending

    Reform think tank argues for greater devolution of powers to buy healthcare, employment, skills and offender management services


    HMCTS office closures ‘put 500 jobs at risk’
    02 Nov 2017 Finance
    HMCTS office closures ‘put 500 jobs at risk’

    Union warns of strike potential over Courts and Tribunal Service’s hubs proposals


    Millions of pounds added to Foreign Office wage bill after Brexit vote
    01 Nov 2017 Finance
    Millions of pounds added to Foreign Office wage bill after Brexit vote

    Foreign Office insists higher wage bill reflects an increase in staff numbers as well as the impact of currency fluctuation


    DoH perm sec asked to explain how pay can be linked to NHS productivity gains
    31 Oct 2017 Finance
    DoH perm sec asked to explain how pay can be linked to NHS productivity gains

    Sir Chris Wormald told by PAC chair to provide examples of best practice to inform Treasury’s decision to link pay cap rises to productivity 


    DfT perm sec to seek legal advice on former HS2 chief accused of ‘defrauding taxpayers’
    31 Oct 2017 Finance
    DfT perm sec to seek legal advice on former HS2 chief accused of ‘defrauding taxpayers’

    Bernadette Kelly asked by MPs to look into “possibility of fraud” over £1.7m made in unauthorised redundancy payments


    HMRC says its strategy is succeeding as tax gap falls to new low
    31 Oct 2017 Finance
    HMRC says its strategy is succeeding as tax gap falls to new low

    Tax collection agency says that work to tackle avoidance and evasion is paying off to tune of £12bn a year


    IFS: Hammond ‘may need to drop fixation’ with budget surplus to boost public sector pay
    30 Oct 2017 Finance
    IFS: Hammond ‘may need to drop fixation’ with budget surplus to boost public sector pay

    Political climate makes further departmental spending cuts or higher taxes unlikely, report argues


    Government opens up data on £100bn of annual grant awards
    27 Oct 2017 Finance
    Government opens up data on £100bn of annual grant awards
    Publication of departmental information is intended to help design policy and prevent fraud
    Report flags Ministry of Defence's 24% vacancy rate for commercial roles
    26 Oct 2017 Finance
    Report flags Ministry of Defence's 24% vacancy rate for commercial roles

    National Audit Office warns shortage of key commercial and cost assurance experts could jeopardise £1.7bn savings target from non-competitive contracts


    HS2 finance chief resigns after nearly £2m in redundancy payouts ‘unapproved by DfT'
    25 Oct 2017 Finance
    HS2 finance chief resigns after nearly £2m in redundancy payouts ‘unapproved by DfT'

    Steve Allen to leave government-owned company building new rail link after auditors slam unauthorised redundancy payments


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