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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
    MoJ’s civil legal aid reform not achieving “value for money”, says NAO
    20 Nov 2014 Finance
    MoJ’s civil legal aid reform not achieving “value for money”, says NAO

    The Ministry of Justice’s (MoJ) Legal Aid, Sentencing and Punishment of Offenders Act is on track to make savings but it is not clear whether the reforms have delivered better value for money, the National Audit Office (NAO) reported today.


    CIPFA launches Global Fraud Risk Register
    14 Nov 2014 Finance
    CIPFA launches Global Fraud Risk Register

    The Chartered Institute of Public Finance and Accountancy (CIPFA) launched the Global Fraud Risk Register, its new global initiative for tackling fraud across the public sector.


    O’Donnell calls for five-year spending plans, and raises concerns over pension reforms
    07 Nov 2014 Finance
    O’Donnell calls for five-year spending plans, and raises concerns over pension reforms

    The government should introduce five-year spending plans and independent assessments of its infrastructure plans, former cabinet secretary Lord O’Donnell told an audience at the Royal Statistical Society last month. 


    Finance officials must ‘get on the front foot’ to influence policy, says government’s new finance chief
    03 Nov 2014 Finance
    Finance officials must ‘get on the front foot’ to influence policy, says government’s new finance chief

    Finance professionals across government should “get on the front foot” and make sure they’re involved in the policymaking process, the government’s new director-general of public spending, Julian Kelly, has said.


    New international tax evasion agreement will help HMRC clampdown
    29 Oct 2014 Finance
    New international tax evasion agreement will help HMRC clampdown

    HM Revenue and Customs will gain greater ability to clamp down on tax evaders following the signing of an international agreement on tax evasion at the Global Forum in Berlin today. 


    New redundancy regulations for highly paid public sector workers confirmed
    29 Oct 2014 Finance
    New redundancy regulations for highly paid public sector workers confirmed

    Chief secretary to the Treasury Danny Alexander yesterday confirmed government proposals to regulate redundancy payouts for highly paid administrators in the public sector. 


    Consultation could help Information Commissioner’s Office ‘move more quickly’ against nuisance calls firms
    28 Oct 2014 Finance
    Consultation could help Information Commissioner’s Office ‘move more quickly’ against nuisance calls firms

    A six week government consultation published this week aims to strengthen the Information Commissioner’s Office (ICO) capacity to better deal with companies breaking the law over nuisance calls and texts. 


    DWP must clamp down on housing benefit errors says NAO
    20 Oct 2014 Finance
    DWP must clamp down on housing benefit errors says NAO

    DWP are now facing an “escalating problem” with housing benefit error from both claimants and officials, according to National Audit Office (NAO).


    DWP to recruit new pensions ombudsman and deputy ombudsman for 2015
    20 Oct 2014 Finance
    DWP to recruit new pensions ombudsman and deputy ombudsman for 2015

    The Department of Work and Pensions (DWP) has announced plans to start recruiting for the roles of pensions ombudsman and deputy pensions ombudsman for 2015.


    Official no longer at MoD after £70m IT contract error
    17 Jul 2014 Finance
    Official no longer at MoD after £70m IT contract error

    An official responsible for an IT contracting error which cost the Ministry of Defence (MoD) £70m is no longer working for the department, its permanent secretary Jon Thompson told the Public Accounts Committee (PAC) on 16 June​.


    Education Funding Agency under fire over misspent schools cash
    27 Jun 2014 Finance
    Education Funding Agency under fire over misspent schools cash

    The Education Funding Agency (EFA) needs to get “to grips with effective oversight to improve public confidence in the system,” the Public Accounts Committee warned in a report.


    PAC: DCLG failed to consider alternatives before committing £10bn to Help to Buy scheme
    18 Jun 2014 Finance
    PAC: DCLG failed to consider alternatives before committing £10bn to Help to Buy scheme

    The Department for Communities and Local Government (DCLG) has committed to spending up to £10bn on the government’s Help to Buy scheme without establishing whether it represents the most effective way of using taxpayers’ money, the Public Accounts Committee have said in a report published on 18 July.


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