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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Budget 2025: Departments told to find extra £4.9bn in efficiencies
    26 Nov Finance

    Budget 2025: Departments told to find extra £4.9bn in efficiencies

    New target follows near-£14bn efficiencies committed to for SR25 period
    by Tevye Markson
    Union sounds alarm on Valuation Office Agency ‘integration’ with HMRC
    28 Nov Finance
    Union sounds alarm on Valuation Office Agency ‘integration’ with HMRC
    Budget 2025: Overhauled spending control and accountability framework to 'drive better value for money'
    26 Nov Finance
    Budget 2025: Overhauled spending control and accountability framework to 'drive better value for money'
    Budget 2025: Treasury announces £1bn 'assets efficiency target'
    26 Nov Finance
    Budget 2025: Treasury announces £1bn 'assets efficiency target'
    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


    HMRC to recruit second perm sec ‘to focus on expanding Brexit work’
    24 Oct 2017 Finance
    HMRC to recruit second perm sec ‘to focus on expanding Brexit work’

    Tax authority announces recruitment for top tax post will be limited to existing civil servants


    Public sector pay packets now smaller than private sector, Treasury FOI response reveals
    23 Oct 2017 Finance
    Public sector pay packets now smaller than private sector, Treasury FOI response reveals

    GMB union accuses Treasury of “cover up” after data was not released until threat to refer department to Information Commissioner’s Office 


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