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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Treasury seeks technical efficiencies of ‘at least 1% a year’ from departments
    28 Apr Finance

    Treasury seeks technical efficiencies of ‘at least 1% a year’ from departments

    Perm sec tells MPs “stretching and realistic” Spending Review targets are being worked up with the Office for Value for Money
    by Jim Dunton
    Treasury working with departments to build integrated finance system
    24 Jun Finance
    Treasury working with departments to build integrated finance system
    SR25: HMRC gets £1.7bn for big increase in compliance and debt management staff
    12 Jun Finance
    SR25: HMRC gets £1.7bn for big increase in compliance and debt management staff
    ‘Radically’ shorter Green Book will support place-based budgeting and transformational change
    11 Jun Finance
    ‘Radically’ shorter Green Book will support place-based budgeting and transformational change
    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


    HMRC hires Singapore team to advise on ‘blue-sky’ customs upgrade
    15 Sep 2017 Finance
    HMRC hires Singapore team to advise on ‘blue-sky’ customs upgrade

    Move part of scoping exercise for post-Brexit trading arrangements, MPs told


    HMRC chief predicts hike in key fraud-and-error rate
    14 Sep 2017 Finance
    HMRC chief predicts hike in key fraud-and-error rate

    Jon Thompson says department’s accounts will be need to be “qualified” for as long as tax credits exist


    Unions deride ‘repugnant’ below-inflation pay cap lift
    12 Sep 2017 Finance
    Unions deride ‘repugnant’ below-inflation pay cap lift

    Prison Officers Association rejects pay boost, as more public sector trade unions moot industrial action


    MPs demand answers from Valuation Office Agency chief
    11 Sep 2017 Finance
    MPs demand answers from Valuation Office Agency chief

    Select committee chair seeks evidence base for “unfair” Staircase Tax


    New Civil Service Compensation Scheme proposals expected ‘in weeks’
    11 Sep 2017 Finance
    New Civil Service Compensation Scheme proposals expected ‘in weeks’

    Cabinet Office to boost payments made under 2016 scheme after High Court challenge, but Manzoni moots replacement


    Health department U-turns on plans to privatise staffing agency
    08 Sep 2017 Finance
    Health department U-turns on plans to privatise staffing agency

    NHS Professionals to remain in wholly public ownership after bidding process abandoned 


    Cross-government report shows doubling of fraud
    08 Sep 2017 Finance
    Cross-government report shows doubling of fraud

    Cabinet Office says year-on-year hike from £29.7m to £73.6m is evidence of increased scrutiny


    Support for civil servants without policy background is 'key to modernising Whitehall'
    07 Sep 2017 Finance
    Support for civil servants without policy background is 'key to modernising Whitehall'

    IfG review on boosting cross-government functions highlighted civil service 'must tackle perception that policy trumps specialisms' for career progression



     


    Scottish Government to end 1% pay cap from April
    06 Sep 2017 Finance
    Scottish Government to end 1% pay cap from April

    New policy will base increases on cost of living while keeping public spending budgets in balance, says Nicola Sturgeon


    Philip Hammond hints at new Northern Powerhouse funding boost
    05 Sep 2017 Finance
    Philip Hammond hints at new Northern Powerhouse funding boost

    Chancellor insists improved transport links in north is top priority but criticised for lack of clarity


    Theresa May 'to lift public sector pay cap this month'
    04 Sep 2017 Finance
    Theresa May 'to lift public sector pay cap this month'

    Public sector areas with retention issues, such as senior civil servants, expected to be among first to get a pay rise


    Former Treasury chief Macpherson lined up to join finance lobby board
    25 Aug 2017 Finance
    Former Treasury chief Macpherson lined up to join finance lobby board

    Lord Nick Macpherson in talks with UK Finance just 18 months after an 11-year stint as top Treasury official, according to reports


    Eileen Milner appointed chief executive of Education and Skills Funding Agency
    24 Aug 2017 Finance
    Eileen Milner appointed chief executive of Education and Skills Funding Agency

    Department for Education recruits successor to Peter Lauener, who is to retire following merger of two funding bodies


    Government completes privatisation of Green Investment Bank
    18 Aug 2017 Finance
    Government completes privatisation of Green Investment Bank

    New owner Macquarie has changed GIB’s name to overcome regulatory barriers to overseas investments


    Civil service pay growing three times slower than private sector
    16 Aug 2017 Finance
    Civil service pay growing three times slower than private sector

    Latest ONS data shows UK weekly earnings fell by 0.5% in real terms in the 12 months to June 2017


    Country should appreciate civil servants, says former Osborne and Davis advisor James Chapman
    16 Aug 2017 Finance
    Country should appreciate civil servants, says former Osborne and Davis advisor James Chapman

    Chapman, who has called for the creation of a new centrist party, says Treasury staff “could be running any multinational company they wanted”


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