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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
    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 


    DWP staff strike as Jobcentre closure looms
    23 Oct 2017 Finance
    DWP staff strike as Jobcentre closure looms

    Protest set to cover Sheffield branch’s final three weeks


    NI Civil Service states 'final' deadline to end political deadlock
    20 Oct 2017 Finance
    NI Civil Service states 'final' deadline to end political deadlock

    Sinn Féin and DUP given two weeks to agree new power-sharing deal or face Westminster intervention on budget


    Book review: Between Debt and the Devil and What We Owe - shining a light on life as we owe it
    20 Oct 2017 Finance
    Book review: Between Debt and the Devil and What We Owe - shining a light on life as we owe it

    Geoffrey Lyons reviews two books on debt by men who had key roles following the financial crisis


    Government urged to ‘pause for reflection’ before scrapping pay cap
    19 Oct 2017 Finance
    Government urged to ‘pause for reflection’ before scrapping pay cap

    Institute for Government report says universal pay hike could exacerbate Tories’ political woes amid £10bn spending hole


    DoH finance chief says Whitehall oversight of local NHS spending is ‘too opaque’
    17 Oct 2017 Finance
    DoH finance chief says Whitehall oversight of local NHS spending is ‘too opaque’

    David Williams tells MPs that Department of Health cannot calculate impact of delays to repairs and maintenance spending


    Doubling pay cap ‘would still leave civil servants £2,000 worse off by 2022’
    17 Oct 2017 Finance
    Doubling pay cap ‘would still leave civil servants £2,000 worse off by 2022’

    As inflation rate hits 3%, TUC warns higher cap on civil service pay increases in line with offer to police officers would still mean a real-terms pay cut


    Pay cap blamed for collapse of £6bn nuclear decommissioning contract
    12 Oct 2017 Finance
    Pay cap blamed for collapse of £6bn nuclear decommissioning contract

    Union says Nuclear Decommissioning Authority cannot be held solely responsible for failings detailed by National Audit Office


    Treasury finds £250m for Brexit preparations
    11 Oct 2017 Finance
    Treasury finds £250m for Brexit preparations

    The Home Office, environment department and HMRC are among those given new money to fund preparations for Brexit


    Union kicks off consultation on industrial action over Whitehall pay cap
    09 Oct 2017 Finance
    Union kicks off consultation on industrial action over Whitehall pay cap

    PCS launches nationwide ballot on sentiment and readiness for industrial action



     


    Bank of England top official urges Brexit transition deal by Christmas
    06 Oct 2017 Finance
    Bank of England top official urges Brexit transition deal by Christmas

    Deputy governor Sam Woods says slow progress in negotiations risks banks triggering contingency plans


    Scottish civil servants to be offered 2% pay rise this November
    05 Oct 2017 Finance
    Scottish civil servants to be offered 2% pay rise this November

    Boost comes after Nicola Sturgeon promised to lift public sector pay cap in Scotland from April 2018


    Priti Patel hands DfID staff power to strip ‘unethical’ aid providers of contracts
    04 Oct 2017 Finance
    Priti Patel hands DfID staff power to strip ‘unethical’ aid providers of contracts

    International development secretary announces reforms alongside code of conduct for staff and suppliers to tackle "crony" aid provision market


    Met Office tables deal to close its 10% gender pay gap by 2020
    03 Oct 2017 Finance
    Met Office tables deal to close its 10% gender pay gap by 2020

    Offer to ‘transform pay system’ of weather forecaster follows legal action from female employees earning £7,000 less than male colleagues


    Treasury allows pay review body for senior civil servants to bust 1% pay cap
    02 Oct 2017 Finance
    Treasury allows pay review body for senior civil servants to bust 1% pay cap

    FDA warned that any 2018-19 pay increase ‘must be fully funded to have meaningful impact’ as Boris Johnson calls for staff cuts


    One-third of civil service offices built under PFI, figures reveal
    28 Sep 2017 Finance
    One-third of civil service offices built under PFI, figures reveal

    Government Property Unit releases numbers as Labour announces policy to nationalise private finance initiative contracts


    Shortage of civil service skills forces GDS to ‘rely heavily’ on temporary staff in 2016/17
    27 Sep 2017 Finance
    Shortage of civil service skills forces GDS to ‘rely heavily’ on temporary staff in 2016/17

    Cabinet Office accounts reveal big hike in spending on interim workers to ensure key programmes are delivered


    Labour plans to renationalise PFI contracts ‘could take the Cabinet Office years’
    26 Sep 2017 Finance
    Labour plans to renationalise PFI contracts ‘could take the Cabinet Office years’

    Shadow health secretary said Cabinet Office and Treasury would work together to review contracts


    Ex-civil service chief Kerslake ‘helping Labour policy implementation drive’
    25 Sep 2017 Finance
    Ex-civil service chief Kerslake ‘helping Labour policy implementation drive’

    Shadow chancellor John McDonnell said Labour is working on policy implementation plans that could be handed to civil servants


    IFS: Need for pay rises ‘most pressing’ for staff like senior civil servants
    19 Sep 2017 Finance
    IFS: Need for pay rises ‘most pressing’ for staff like senior civil servants

    Report predicts continued public sector pay restraint will lead to recruitment issues for employers of London-based, highly skilled workers


    UK statistics watchdog spars with Boris Johnson over '£350m Brexit payments' claim
    18 Sep 2017 Finance
    UK statistics watchdog spars with Boris Johnson over '£350m Brexit payments' claim

    Sir David Norgrove slaps down foreign secretary for "clear misuse of officials statistics"


    HMRC executive chair Edward Troup to step down
    15 Sep 2017 Finance
    HMRC executive chair Edward Troup to step down

    Department’s most senior tax professional announces retirement at the end of the year


    Crown Commercial Service offers furniture SMEs a seat at the table in hubs plan
    15 Sep 2017 Finance
    Crown Commercial Service offers furniture SMEs a seat at the table in hubs plan

    Agency says small firms make up two-thirds of businesses on £330m framework to supply Government Hubs Programme


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