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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
    Treasury dubs size of Northern Ireland’s public sector ‘a significant budgetary challenge’
    03 Jun Finance
    Treasury dubs size of Northern Ireland’s public sector ‘a significant budgetary challenge’
    NS&I offers up to £220k for next chief executive
    02 Jun Finance
    NS&I offers up to £220k for next chief executive
    MPs urge government to probe root causes of billions in ‘wasted’ public funds
    27 May Finance
    MPs urge government to probe root causes of billions in ‘wasted’ public funds
    Public Accounts Committee: Department for Transport still facing rail capability gaps despite pay flexibility
    12 Feb 2016 Finance
    Public Accounts Committee: Department for Transport still facing rail capability gaps despite pay flexibility

    Transport department has improved its ability to let rail franchises, MPs say, but still lacks the capability to manage them, and does not have a “coherent strategic vision” for the rail system


    Public Accounts Committee challenges HMRC chief Lin Homer over Google tax settlement
    11 Feb 2016 Finance
    Public Accounts Committee challenges HMRC chief Lin Homer over Google tax settlement

    HMRC chief executive Dame Lin Homer has told members of the Public Accounts Committee that civil servants should be proud of progress in tackling tax avoidance on the part of large companies



     


    MyCSP: Civil service pension problems left officials facing 'hardship & distress', says NAO
    11 Feb 2016 Finance
    MyCSP: Civil service pension problems left officials facing "hardship & distress", says NAO

    Report by the National Audit Office lays bare the problems facing flagship mutual - but Cabinet Office says it has taken steps to turn the situation around. Unions meanwhile welcomed the spending watchdog's findings


    Kids Company mistakes could be repeated, MPs warn, as government internal auditors face committee grilling
    09 Feb 2016 Finance
    Kids Company mistakes could be repeated, MPs warn, as government internal auditors face committee grilling

    Treasury committee questions why internal auditors did not raise concerns about government funding of the now-collapsed Kids Company youth charity


    IFS: “Volatile” tax revenues could force George Osborne to make further spending cuts
    08 Feb 2016 Finance
    IFS: “Volatile” tax revenues could force George Osborne to make further spending cuts

    Institute for Fiscal Studies warns that “very inflexible” fiscal target could "come at a cost", while rising demand for services and public sector employment costs will make implementing cuts harder


    Government draws fire over “planned” Department for Work and Pensions directorship for Amazon boss
    04 Feb 2016 Finance
    Government draws fire over “planned” Department for Work and Pensions directorship for Amazon boss

    The anticipated decision to give Amazon director Douglas Gurr a non-executive role at the Department for Work and Pensions has been attacked because of the firm’s tax record


    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


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