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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
    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.


    MOD asks Treasury for freedom to pay senior DE&S staff more
    13 Sep 2013 Finance
    MOD asks Treasury for freedom to pay senior DE&S staff more

    The Ministry of Defence (MoD) has requested flexibility to improve the pay of top staff in order to compete with the private sector, senior officials told two hearings of the Commons’ Defence Committee in the last week.


    NAO reports to compare similar projects run by different departments
    15 Jul 2013 Finance
    NAO reports to compare similar projects run by different departments

    The National Audit Office (NAO) will “start doing comparative reports of similar activities in departments” from next year, comptroller and auditor general Amyas Morse has said.


    NS&I wins deal to provide Home Office with payment services
    14 Jul 2013 Finance
    NS&I wins deal to provide Home Office with payment services

    The Home Office has outsourced its payments processing to NS&I, the state-owned savings bank, it was announced earlier this month.


    Macpherson: Whitehall must sharpen corporate memory
    12 Jul 2013 Finance
    Macpherson: Whitehall must sharpen corporate memory

    Treasury permanent secretary Nick Macpherson has called on government departments to improve their institutional memory.


    Companies House chief warns on fraud
    19 Jun 2013 Finance
    Companies House chief warns on fraud

    The efforts of Companies House (CH) to tackle fraud should be based on “strengthening the current model rather than radically changing company law”, its chief executive has told CSW, to ensure that anti-fraud work doesn’t weaken transparency in business information or create additional burdens on business.


    Government has saved £10bn in last financial year, says Cabinet Office
    03 Jun 2013 Finance
    Government has saved £10bn in last financial year, says Cabinet Office

    Reforms overseen by the Cabinet Office’s Efficiency and Reform Group (ERG) have generated £10bn savings in the last financial year, ministers have today announced.


    Commons committee backs code of standards for legislation
    23 May 2013 Finance
    Commons committee backs code of standards for legislation

    Parliament and government should agree a Code of Legislative Standards to improve the quality of laws produced at Westminster, according to a report published yesterday by the Political and Constitutional Reform committee.


    24 Apr 2013 Finance
    Neds’ firms face legal probes

    Companies run by two lead departmental non-executive directors (Neds) have been publicly accused of serious wrongdoing.


    Call for CFO as IfG highlights 'weak' financial leadership
    24 Apr 2013 Finance
    Call for CFO as IfG highlights 'weak' financial leadership

    The government needs a chief financial officer (CFO) “who is clearly and visibly responsible for ensuring that spending decisions are made on the basis of financial analysis and for measuring the outcomes in terms of value for money and performance management,” Rebecca McCaffry, innovation specialist at the Chartered Institute of Management Accountants (CIMA), has told CSW.


    McCrae: Abolish the Budget, it's archaic
    27 Mar 2013 Finance
    McCrae: Abolish the Budget, it's archaic

    The annual drama of the Budget is a dysfunctional relic and should be scrapped, says Julian McCrae. Ministers and civil servants have bigger – and more nourishing – fish to fry.


    Osborne’s Budget targets pay progression and plans to control AME more tightly
    27 Mar 2013 Finance
    Osborne’s Budget targets pay progression and plans to control AME more tightly

    The civil service pay cap will continue for an extra year, limiting pay increases to an average of one per cent per year until 2015-16, and the government will also seek to end automatic pay rises for all civil servants, chancellor George Osborne announced in his Budget last week.


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