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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Budget 2025: Departments told to find extra £4.9bn in efficiencies
    26 Nov Finance

    Budget 2025: Departments told to find extra £4.9bn in efficiencies

    New target follows near-£14bn efficiencies committed to for SR25 period
    by Tevye Markson
    OBR chair Richard Hughes quits over Budget-document bungle
    02 Dec Finance
    OBR chair Richard Hughes quits over Budget-document bungle
    Union sounds alarm on Valuation Office Agency ‘integration’ with HMRC
    28 Nov Finance
    Union sounds alarm on Valuation Office Agency ‘integration’ with HMRC
    Budget 2025: Overhauled spending control and accountability framework to 'drive better value for money'
    26 Nov Finance
    Budget 2025: Overhauled spending control and accountability framework to 'drive better value for money'
    Civil service chief John Manzoni: Rise in Whitehall consultancy spend shows need to tackle “critical skills shortage”
    01 Feb 2016 Finance
    Civil service chief John Manzoni: Rise in Whitehall consultancy spend shows need to tackle “critical skills shortage”

    Reducing reliance on consultants and temps will require "much more fundamental workforce transformation" than seen so far, civil service chief John Manzoni tells MPs. But he says the organisation is "on the road" to addressing the problem


    HMRC job cuts: majority of 200 at-risk staff 'facing compulsory redundancy'
    01 Feb 2016 Finance
    HMRC job cuts: majority of 200 at-risk staff "facing compulsory redundancy"

    In correspondence seen by CSW, HMRC chief Lin Homer defends "robust and transparent approach" to redundancies – but "outraged​" PCS union says department has failed to consider all options


    Kids Company collapse: ministers should not have over-ruled civil service advice over £3m public grant, say MPs
    01 Feb 2016 Finance
    Kids Company collapse: ministers should not have over-ruled civil service advice over £3m public grant, say MPs

    Report by the Public Administration and Constitutional Affairs Committee says that final round of funding to the beleaguered youth charity — subject to a warning from then-Cabinet Office perm sec Richard Heaton — "should not have been authorised"


    Greg Hands hails “impressive progress” on Treasury’s Financial Management Reform programme
    29 Jan 2016 Finance
    Greg Hands hails “impressive progress” on Treasury’s Financial Management Reform programme

    Chief secretary to the Treasury Greg Hands says his department’s five-strand programme – designed to put finance at the heart of government decision-making – is on course and delivering results


    Civil servants 'unfairly criticised' in Google tax row, says the FDA's Dave Penman
    29 Jan 2016 Finance
    Civil servants "unfairly criticised" in Google tax row, says the FDA's Dave Penman

    FDA general secretary Dave Penman says HMRC staff should not be blamed for internet giant Google’s controversial tax deal


    New figures show government likely to miss Office for Budget Responsibility borrowing forecast
    22 Jan 2016 Finance
    New figures show government likely to miss Office for Budget Responsibility borrowing forecast

    Overall borrowing this year now at £74.2bn,  past the OBR's projection of £68.9bn


    Ministry of Justice perm sec Richard Heaton: 'misunderstanding' led to independence spat with prisons inspector Nick Hardwick
    21 Jan 2016 Finance
    Ministry of Justice perm sec Richard Heaton: "misunderstanding" led to independence spat with prisons inspector Nick Hardwick

    MoJ's top official says falling out with prisons inspector was the result of spending controls introduced "in some haste" to tackle department's overspend


    Blockchain pilots should form part of city deals, says government chief scientific adviser Sir Mark Walport
    19 Jan 2016 Finance
    Blockchain pilots should form part of city deals, says government chief scientific adviser Sir Mark Walport

    Government should be trialling use of distributed ledger technologies to improve welfare payments, according to a report published today


    HMRC chief Lin Homer: office closures won't lead to 'cliff edge' of expertise
    13 Jan 2016 Finance
    HMRC chief Lin Homer: office closures won't lead to "cliff edge" of expertise

    Tax authority's chief executive Dame Lin Homer is grilled on plans to cut HMRC's office network from 170 smaller offices to 13 regional centres


    Fall in Whitehall consultancy spend going into reverse — NAO
    13 Jan 2016 Finance
    Fall in Whitehall consultancy spend going into reverse — NAO

    New report by the National Audit Office spending watchdog finds that while departmental spending on consultants and temporary staff has plummeted over last five years, latest figures indicate a “short-term reduction rather than a sustainable strategy”


    Government borrowing for November worse than expected, new figures show
    22 Dec 2015 Finance
    Government borrowing for November worse than expected, new figures show

    Treasury says "one-off" factors to blame for higher-than-forecast public borrowing


    Communities secretary Greg Clark details four-year settlement for local government
    18 Dec 2015 Finance
    Communities secretary Greg Clark details four-year settlement for local government

    Deal confirms Spending Review's projected average cut of 6.7% for councils as they move towards full localised funding


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