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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Jeremy Hunt: I had to earn civil servants’ trust after Tom Scholar sacking
    17 Jul Finance

    Jeremy Hunt: I had to earn civil servants’ trust after Tom Scholar sacking

    Jeremy Hunt also speaks about the advice he gave to Wes Streeting and why he's not a fan of "mission-driven" government
    by Tevye Markson
    NAO refuses to sign off Whole of Government Accounts again
    18 Jul Finance
    NAO refuses to sign off Whole of Government Accounts again
    UK’s capacity to absorb economic shocks is shrinking, OBR chair warns
    15 Jul Finance
    UK’s capacity to absorb economic shocks is shrinking, OBR chair warns
    Treasury hikes threshold for when new salaries require senior minister's approval
    15 Jul Finance
    Treasury hikes threshold for when new salaries require senior minister's approval
    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


    Treasury missed chance to coordinate environment policy in Spending Review – NAO
    20 Jul 2016 Finance
    Treasury missed chance to coordinate environment policy in Spending Review – NAO

    New report praises cross-government progress since 2010 but questions the value of Single Departmental Plans


    Charity flags concern over 'unfair' public sector debt collectors
    19 Jul 2016 Finance
    Charity flags concern over "unfair" public sector debt collectors

    Charity calls for good practice standards, as survey highlights concerns about unfair treatment by local authorities and Department for Work and Pensions


    Defra and MoD see accounts qualified again
    18 Jul 2016 Finance
    Defra and MoD see accounts qualified again

    Common Agricultural Policy fines continue to hamper Defra accounts, while National Audit Office also points to the Ministry of Defence's non-compliance with international accounting standards


    Department for Work and Pensions failing to make a “sustained reduction” in benefits fraud and error — spending watchdog
    08 Jul 2016 Finance
    Department for Work and Pensions failing to make a “sustained reduction” in benefits fraud and error — spending watchdog

    National Audit Office issues another qualification of department’s accounts and says fraud and error levels remain “unacceptably high”


    Department of Health shake-up brings digital, local government and social care under one roof
    04 Jul 2016 Finance
    Department of Health shake-up brings digital, local government and social care under one roof

    Changes come as DH seeks to cut running costs by 30% by 2020


    George Osborne defers emergency Brexit budget
    27 Jun 2016 Finance
    George Osborne defers emergency Brexit budget

    Speaking from the Treasury, chancellor says UK will face decision to leave European Union from a "position of strength" – but defers decision to cut spending and raise taxes


    Jon Thompson admits HMRC staff have “very little trust in senior leadership”
    09 Jun 2016 Finance
    Jon Thompson admits HMRC staff have “very little trust in senior leadership”

    New chief executive and permanent secretary tells MPs that technology issues and new performance management regime are at the root of organisation’s problems


    Institute for Government lauds move towards contract transparency
    08 Jun 2016 Finance
    Institute for Government lauds move towards contract transparency

    Think tank praises updated blueprint for public-sector procurement but warns new clause must be used


    Treasury’s John Kingman ‘in line’ for Legal & General chairmanship
    06 Jun 2016 Finance
    Treasury’s John Kingman ‘in line’ for Legal & General chairmanship

    Acting permanent secretary poised to take on £340,000-a-year City of London role


    Whole of Government Accounts must not get 'lost in the noise', warn audit experts
    31 May 2016 Finance
    Whole of Government Accounts must not get "lost in the noise", warn audit experts

    Audited accounts of more than 5,500 public sector organisations are published after a delay – but the Association of Chartered Certified Accountants warns this "rich source" of data could get buried


    Treasury making 'significant' contingency plans for Brexit, says George Osborne
    11 May 2016 Finance
    Treasury making "significant" contingency plans for Brexit, says George Osborne

    Chancellor says Treasury civil servants planning for the impact of leaving the EU on financial stability in the UK – but Number 10 maintains no wider policy planning taking place


    Civil service redundancy shake-up could lead to 'significant' industrial unrest, warns Prospect union
    09 May 2016 Finance
    Civil service redundancy shake-up could lead to "significant" industrial unrest, warns Prospect union

    Specialist union's formal response to Cabinet Office's planned shake-up of Civil Service Compensation Scheme warns of impact on workforce management – and raises prospect of industrial action


    DCLG’s Right to Buy costings “entirely speculative” — Public Accounts Committee
    29 Apr 2016 Finance
    DCLG’s Right to Buy costings “entirely speculative” — Public Accounts Committee

    Committee of MPs says department has “not made a diligent and credible case” for policy which aims to fund discounts for housing association properties by selling off council homes


    Treasury not doing enough to help departments cut EU fines – PAC
    27 Apr 2016 Finance
    Treasury not doing enough to help departments cut EU fines – PAC

    PAC urges stronger cross-government effort to clamp down on fines incurred for errors in the way government spends EU funds


    MPs: Ministry of Defence used 'creative accounting' to hit 2% spending target
    21 Apr 2016 Finance
    MPs: Ministry of Defence used "creative accounting" to hit 2% spending target

    Department points out that shift to include spending on war pensions and intelligence gathering falls within Nato guidelines


    Ex-Treasury chief Sir Nick Macpherson takes swipe at Iain Duncan Smith over resignation
    14 Apr 2016 Finance
    Ex-Treasury chief Sir Nick Macpherson takes swipe at Iain Duncan Smith over resignation

    Macpherson says IDS's resignation over Personal Independence Payments was an "interesting, postmodern" decision


    Panama Papers: HMRC chairman Edward Troup in the spotlight over former City role
    11 Apr 2016 Finance
    Panama Papers: HMRC chairman Edward Troup in the spotlight over former City role

    Troup faces media scrutiny over role at Simmons & Simmons – as HMRC points out his role "has never involved responsibility for operational activities or direct dealings with companies on their tax affairs"


    Panama Papers: Does HMRC have the resources to tackle offshore tax evasion?
    08 Apr 2016 Finance
    Panama Papers: Does HMRC have the resources to tackle offshore tax evasion?

    HMRC asks for access to the Panama Papers offshore leaks and vows to "relentlessly pursue" wrongdoing – but tax expert Richard Murphy says department "just hasn’t got the resources"


    Treasury's John Kingman leaving Whitehall for the private sector
    04 Apr 2016 Finance
    Treasury's John Kingman leaving Whitehall for the private sector

    Second perm sec to announce he is leaving the civil service after vying for top Treasury job


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