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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
    IfG report lauds Treasury’s Financial Management Reform programme
    09 Dec 2016 Finance
    IfG report lauds Treasury’s Financial Management Reform programme

    But think tank warns that ministers could jeopardise its success by scaling back resourcing or attempting to widen its scope too much



     


    DfID looks to step up contractor scrutiny after criticism
    08 Dec 2016 Finance
    DfID looks to step up contractor scrutiny after criticism

    Analysis by The Times finds fees paid to consultancy companies by the Department for International Development have risen sharply in the past year


    Autumn Statement 2016: Hammond loosens Osborne's £3.5bn efficiency drive – but departmental cuts plan remains
    23 Nov 2016 Finance
    Autumn Statement 2016: Hammond loosens Osborne's £3.5bn efficiency drive – but departmental cuts plan remains

    Spending Review 2015 plans "will remain in place", says the new chancellor – but departments will be able to reinvest some of their 2019/20 savings


    Autumn Statement 2016: Live coverage as Philip Hammond unveils Treasury plans
    23 Nov 2016 Finance
    Autumn Statement 2016: Live coverage as Philip Hammond unveils Treasury plans

    Live coverage of the build-up, announcements and reaction as chancellor Philip Hammond makes his first fiscal statement, via our colleagues on PoliticsHome.com


    Autumn Statement and Budget announcements suffer from “evidence gap”, says charity
    23 Nov 2016 Finance
    Autumn Statement and Budget announcements suffer from “evidence gap”, says charity

    Researchers warn about lack of transparency over evidence behind policies announced in big fiscal events


    Treasury must not 'micromanage' departments, say former civil service heads Kerslake and Butler
    22 Nov 2016 Finance
    Treasury must not "micromanage" departments, say former civil service heads Kerslake and Butler

    Former top officials warn against centralisation of power with the finance ministry on eve of chancellor Philip Hammond's first Autumn Statement


    Spending watchdog warns Department of Health over 'unsustainable' NHS finances
    22 Nov 2016 Finance
    Spending watchdog warns Department of Health over "unsustainable" NHS finances

    Government efficiency targets have only made the financial position of NHS bodies worse, warns the National Audit Office


    MPs to probe Defence Equipment and Support finances
    10 Nov 2016 Finance
    MPs to probe Defence Equipment and Support finances

    Public Accounts Committee move follows National Audit Office concerns over £434m “private sector support” and other costs in annual accounts


    Departments need clearer plans to cut fraud and error, says Public Accounts Committee
    04 Nov 2016 Finance
    Departments need clearer plans to cut fraud and error, says Public Accounts Committee

    Public Accounts Committee says Concentrix debacle highlights potential for error as Universal Credit rollout continues


    Treasury's Katharine Braddick steps up to become financial services director general
    24 Oct 2016 Finance
    Treasury's Katharine Braddick steps up to become financial services director general

    Financial services director moves upwards in the Treasury, and faces in-tray set to be dominated by the UK's decision to quit the European Union


    Treasury considers killing off Autumn Statements – report
    24 Oct 2016 Finance
    Treasury considers killing off Autumn Statements – report

    FT reports that the chancellor wants a tighter focus on the spring Budget to avoid policy gimmicks


    Richard Heaton: sorting out Ministry of Justice finances top of our agenda
    18 Oct 2016 Finance
    Richard Heaton: sorting out Ministry of Justice finances top of our agenda

    Justice permanent secretary tells MPs that “bearing down on the gap” between spending review targets and actual spending is the largest challenge for his officials, as he stands by the decision to implement spending controls that caused friction between department and prisons inspectorate


    Institute for Government questions Theresa May’s ability to deliver conference pledges
    06 Oct 2016 Finance
    Institute for Government questions Theresa May’s ability to deliver conference pledges

    Think-tank raises eyebrow at PM’s capacity to turn her Conservative Party Conference pledges into reality against backdrop of further belt-tightening and Brexit uncertainty


    Treasury has 'no clear strategy' for tax system, say experts
    03 Oct 2016 Finance
    Treasury has "no clear strategy" for tax system, say experts

    The Institute for Fiscal Studies, the Institute for Government, and the Chartered Institute of Taxation say the UK's tax system suffers from "too little sense of direction, consultation or evaluation"


    Brexit could cost departments £65m a year to implement, says Institute for Government
    29 Sep 2016 Finance
    Brexit could cost departments £65m a year to implement, says Institute for Government

    IfG says civil service is responding quickly to prepare for Brexit — but warns that ministerial conflict and uncertainty over the process could undermine this work


    Margaret Hodge calls for new parliamentary committee to end HMRC's tax 'secrecy'
    16 Sep 2016 Finance
    Margaret Hodge calls for new parliamentary committee to end HMRC's tax "secrecy"

    Former chair of the Public Accounts Committee wants to “tear away the shroud of secrecy” around corporate tax settlements, calling for scrutiny along similar lines to the Intelligence and Security Committee


    Theresa May warned over mismatch between policy ambition and fresh departmental cuts
    15 Sep 2016 Finance
    Theresa May warned over mismatch between policy ambition and fresh departmental cuts

    Institute for Government says that while Brexit will bring many new challenges, the public finances will face increasing pressures


    Review calls for better-resourced HM Revenue & Customs with “competitive” staff rewards
    08 Sep 2016 Finance
    Review calls for better-resourced HM Revenue & Customs with “competitive” staff rewards

    Labour Party-commissioned proposals demand more money for tax collection and new tier of governance for HM Revenue & Customs


    Treasury hints at return of analysis revealing Budget winners and losers
    07 Sep 2016 Finance
    Treasury hints at return of analysis revealing Budget winners and losers

    Treasury minister says government is "very seriously" considering bringing back detailed publication of impact of policies on the low-paid, as Treasury committee member tells CSW that George Osborne's decision to axe analysis was a blow for "public transparency and parliamentary scrutiny"


    Senior Tory urges Treasury to reveal how policies will impact low-paid
    25 Aug 2016 Finance
    Senior Tory urges Treasury to reveal how policies will impact low-paid

    Treasury committee chair Andrew Tyrie wants a return to publishing Treasury analysis that shows how policies will impact household incomes


    Treasury pressure leading DWP to pass welfare laws without evidence – government adviser
    16 Aug 2016 Finance
    Treasury pressure leading DWP to pass welfare laws without evidence – government adviser

    Chair of the government’s Social Security Advisory Committee says Budget and Autumn Statement deadlines have "regularly resulted in secondary legislation being presented to us without meaningful analysis of impact or interactions with other parts of the benefit system"


    HM Revenue & Customs reveals new Croydon base
    12 Aug 2016 Finance
    HM Revenue & Customs reveals new Croydon base

    2,500 staff set to relocate to town-centre office block from summer 2017


    Department for International Development urged to sharpen risk management to ensure aid doesn't go missing
    09 Aug 2016 Finance
    Department for International Development urged to sharpen risk management to ensure aid doesn't go missing

    New report from the Independent Commission for Aid Impact says DfID staff working in fragile and conflict-afflicted states are sometimes confused about how to manage risk


    Department of Health accused of “underhand attempt” to mask financial woes
    22 Jul 2016 Finance
    Department of Health accused of “underhand attempt” to mask financial woes

    Spending watchdog says bosses failure to declare National Insurance Fund payments kept departmental revenue spending in the black


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