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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
    HS2 boss calls for pay freedom
    21 May 2014 Finance
    HS2 boss calls for pay freedom

    The High Speed 2 company needs to be given greater freedoms from Treasury restrictions so that it can attract the best project managers and construction workers, Alison Munro, chief executive of the project, has told Civil Service World.



     


    MPs call for stronger oversight of free schools and greater transparency over approvals processes
    14 May 2014 Finance
    MPs call for stronger oversight of free schools and greater transparency over approvals processes

    Audit and governance arrangements for free schools are “not yet effective,” according to a Public Accounts Committee report published last week.


    Macpherson and Housden challenged on impartiality  amid accusations of politicisation in Scottish debate
    17 Apr 2014 Finance
    Macpherson and Housden challenged on impartiality amid accusations of politicisation in Scottish debate

    Sir Nicholas Macpherson, the Treasury permanent secretary, has told MPs that he decided to publish his advice warning the chancellor against a currency union with an independent Scotland because it was “vital to the national interest”.


    Budget: New pay rules and efficiency drive
    19 Mar 2014 Finance
    Budget: New pay rules and efficiency drive

    Two departments will pilot new pay rules which give them greater flexibility in spending their pay budget, the Budget announced today.


    NAO warns of growing workload
    17 Mar 2014 Finance
    NAO warns of growing workload

    The National Audit Office may need additional resources to carry out investigations into “distributed services” in the health and education sectors, according to its comptroller and auditor general Amyas Morse. With the creation of academies and clinical commissioning groups, for example, the number of service providers accountable to Parliament is growing fast.


    PAC calls on departments to open up their contracts
    14 Mar 2014 Finance
    PAC calls on departments to open up their contracts

    Departments must stop using commercial confidentiality as a reason for withholding information about contracts, the Public Accounts Committee (PAC) said in a report published today.


    NAO: Whitehall forecasting poor
    06 Feb 2014 Finance
    NAO: Whitehall forecasting poor

    Poor financial forecasting is an “entrenched” problem in the civil service, and leads to money being wasted across departments, the National Audit Office has said.


    SFO in cash plea to Parliament
    05 Feb 2014 Finance
    SFO in cash plea to Parliament

    The Serious Fraud Office has asked for emergency funding of £19m to pay for higher than expected expenditure on a series of big investigations.


    Fraud and error now 2% of welfare
    22 Jan 2014 Finance
    Fraud and error now 2% of welfare

    At least 2% of the government’s benefits expenditure has been taken up by fraud and error since 2005, according to new figures released by the Department for Work and Pensions (DWP).


    Osborne: Cap welfare to spare departments from 'even faster cuts'
    06 Jan 2014 Finance
    Osborne: Cap welfare to spare departments from 'even faster cuts'

    A total of £12bn should be cut from the welfare bill in the first two years of next Parliament, in order to spare government departments from “even faster cuts”, chancellor George Osborne has announced today.


    31 Oct 2013 Finance
    Treasury appoints new second permanent secretary

    Sharon White, currently director general for public services, has been appointed as the second permanent secretary at HM Treasury.


    FOI complexity ‘can be costly’
    16 Sep 2013 Finance
    FOI complexity ‘can be costly’

    One of the architects of the Freedom of Information Act has told Civil Service World that this “very radical policy” is “capable of being expensive and burdensome”, and suggested that the rules governing disclosure require departments to make very complex – and thus expensive – decisions.


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