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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    ‘This is a human crisis’ – MPs shine light on Civil Service Pension Scheme failures
    05 Feb Finance

    ‘This is a human crisis’ – MPs shine light on Civil Service Pension Scheme failures

    MPs share impact of missed pension payments and demand further action
    by Tevye Markson
    HMT launches search for next OBR chair
    20 Feb Finance
    HMT launches search for next OBR chair
    Treasury names new chief economic adviser
    16 Feb Finance
    Treasury names new chief economic adviser
    Treasury aiming to reduce micromanagement of departments
    12 Feb Finance
    Treasury aiming to reduce micromanagement of departments
    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 


    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


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