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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Unions slam Reform UK plans to oust perm secs and cut 68,500 jobs
    15 Dec 2025 Finance

    Unions slam Reform UK plans to oust perm secs and cut 68,500 jobs

    Party announces more details of civil service reform policies including weakening pensions in favour of higher bonuses, increasing office working and big cuts to policy profession
    by Tevye Markson
    PM needs ‘much larger’ economic team in No.10 to deliver growth
    30 Jan Finance
    PM needs ‘much larger’ economic team in No.10 to deliver growth
    'We are deeply sorry': Capita and Cabinet Office bosses outline plan to tackle pension scheme crisis
    28 Jan Finance
    'We are deeply sorry': Capita and Cabinet Office bosses outline plan to tackle pension scheme crisis
    NAO review of audits finds common issues across government
    26 Jan Finance
    NAO review of audits finds common issues across government
    IFS on the Spending Review: “Lucky” Osborne has eased the squeeze – but chancellor may have to revisit cuts plan
    26 Nov 2015 Finance
    IFS on the Spending Review: “Lucky” Osborne has eased the squeeze – but chancellor may have to revisit cuts plan

    Institute for Fiscal Studies says talk of "end to austerity" is premature


    Government 'set to breach welfare spending cap'
    25 Nov 2015 Finance
    Government "set to breach welfare spending cap"

    Ministers reportedly seeking vote on the self-imposed welfare cap after tax credits rethink


    NHS cannot meet savings target, finance chiefs warn
    18 Nov 2015 Finance
    NHS cannot meet savings target, finance chiefs warn

    Healthcare Financial Management Association urges the government to go beyond £8bn pledge – and sounds the alarm on NHS deficits


    Treasury sells £13bn of Northern Rock assets
    13 Nov 2015 Finance
    Treasury sells £13bn of Northern Rock assets

    Sale price £280m more than the “book value”, George Osborne announces


    Kids Company: senior civil servants should have pushed back against ministers, say MPs
    13 Nov 2015 Finance
    Kids Company: senior civil servants should have pushed back against ministers, say MPs

    Stinging report by the Public Accounts Committee says government funding to the collapsed charity was “never seriously questioned, let alone stopped”


    Election prompts steep rise in government outsourcing – study
    06 Nov 2015 Finance
    Election prompts steep rise in government outsourcing – study

    Combined central and local government outsourcing spend highest since early 2012, according to new research


    HMRC in Public Accounts Committee's firing line again after making 'little or no progress'
    04 Nov 2015 Finance
    HMRC in Public Accounts Committee's firing line again after making "little or no progress"

    Public Accounts Committee criticises HMRC over customer service, compliance and tackling aggressive tax planning – while HMRC says MPs have "overlooked" its achievements


    Kids Company collapse: NAO says officials raised concerns over charity 'at least' six times
    29 Oct 2015 Finance
    Kids Company collapse: NAO says officials raised concerns over charity "at least" six times

    Report by the National Audit Office spending watchdog finds that charity received £46m of public funding over 15 years


    Kids Company collapse: former Cabinet Office perm sec Richard Heaton to appear before MPs next week
    26 Oct 2015 Finance
    Kids Company collapse: former Cabinet Office perm sec Richard Heaton to appear before MPs next week

    Official who raised value for money concerns over further funding for the charity to face questions from the Public Accounts Committee


    Sajid Javid makes case for BIS ahead of the Spending Review – but hints at shrinking estate
    14 Oct 2015 Finance
    Sajid Javid makes case for BIS ahead of the Spending Review – but hints at shrinking estate

    Business secretary tells MPs that axing Department for Business, Innovation and Skills would be a "step backwards". But he asks: "Do we need 80 locations?"


    Unprotected departments face cuts of 27%, says the IFS
    02 Oct 2015 Finance
    Unprotected departments face cuts of 27%, says the IFS

    Institute for Fiscal Studies gives its assessment ahead of the Spending Review – and warns easier efficiency savings have already been "identified and delivered"


    McKinsey consultants advising BIS on savings, Sajid Javid confirms
    18 Sep 2015 Finance
    McKinsey consultants advising BIS on savings, Sajid Javid confirms

    Management consultants looking at "operating costs across the department and partner organisations", says business secretary, but none "working directly" on its response to the Spending Review


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