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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
    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


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