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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    HS2 reset: Lovegrove report unpacks lessons for civil service
    20 May Finance

    HS2 reset: Lovegrove report unpacks lessons for civil service

    Recommendations include more realistic salaries for officials working on major projects and a culture shift away from “automatically” appointing career civil servant as SRO
    by Jim Dunton
    Imperial College professor nominated by Reeves as next OBR chair
    24 Jun Finance
    Imperial College professor nominated by Reeves as next OBR chair
    NAO lauds Government Finance Function for ‘strong foundations’ with 2030 strategy
    19 Jun Finance
    NAO lauds Government Finance Function for ‘strong foundations’ with 2030 strategy
    NAO refuses to sign off Whole of Government Accounts for third year running
    18 Jun Finance
    NAO refuses to sign off Whole of Government Accounts for third year running
    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


    Budget 2016: Councils expect to be “fully compensated” by Treasury for business rate funding losses
    17 Mar 2016 Finance
    Budget 2016: Councils expect to be “fully compensated” by Treasury for business rate funding losses

    Proposals to make local government financially self-sufficient by 2020 must not be impacted by George Osborne's business-boosting measures, a lobby group has warned


    Budget 2016: George Osborne defends broken fiscal pledges
    17 Mar 2016 Finance
    Budget 2016: George Osborne defends broken fiscal pledges

    Chancellor says: "I’ve made adjustments to my plans to make sure we are going to live within our means"


    Budget 2016: Greater Manchester, Liverpool and London to pave the way on business rate retention
    16 Mar 2016 Finance
    Budget 2016: Greater Manchester, Liverpool and London to pave the way on business rate retention

    Plans to end local authority reliance on Whitehall gather pace


    George Osborne pays tribute to Sir Nick Macpherson as Treasury perm sec marks final Budget
    16 Mar 2016 Finance
    George Osborne pays tribute to Sir Nick Macpherson as Treasury perm sec marks final Budget

    Chancellor pays tribute to "great public servant" – but SNP MPs jeer reference to "impartiality"


    Budget 2016: Osborne 'to miss fiscal target'
    16 Mar 2016 Finance
    Budget 2016: Osborne "to miss fiscal target"

    Weaker growth and delayed sales of government assets expected to contribute to missed target


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