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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Treasury seeks technical efficiencies of ‘at least 1% a year’ from departments
    28 Apr Finance

    Treasury seeks technical efficiencies of ‘at least 1% a year’ from departments

    Perm sec tells MPs “stretching and realistic” Spending Review targets are being worked up with the Office for Value for Money
    by Jim Dunton
    UK aid is ten times more scrutinised than other government spending
    12 May Finance
    UK aid is ten times more scrutinised than other government spending
    ‘Lessons being learned’ over GPA spending-control failings, MPs told
    01 May Finance
    ‘Lessons being learned’ over GPA spending-control failings, MPs told
    Scottish first minister calls on Reeves to scrap fiscal rules
    15 Apr Finance
    Scottish first minister calls on Reeves to scrap fiscal rules
    Beefed-up Single Departmental Plans coming in April, as Cabinet Office vows more transparency
    09 Mar 2017 Finance
    Beefed-up Single Departmental Plans coming in April, as Cabinet Office vows more transparency

    Treasury and Cabinet Office vow to better align much-criticised SDPs with Brexit planning and Whitehall's ongoing £3.5bn efficiency review. But they reject calls to bring the public documents in line with the more detailed internal versions


    Budget 2017: Hammond avoids big giveaways as fiscal outlook improves
    08 Mar 2017 Finance
    Budget 2017: Hammond avoids big giveaways as fiscal outlook improves

    Hammond avoids big tweaks to Whitehall budgets, but targets extra funding for social care and business rate relief


    Budget 2017: Hammond to set out 'upbeat' vision of Brexit Britain
    08 Mar 2017 Finance
    Budget 2017: Hammond to set out "upbeat" vision of Brexit Britain

    Treasury trails Hammond's first Budget, as OECD upgrades UK growth forecast


    Key Blair adviser picked to lead 'serious' civil service efficiency review
    06 Mar 2017 Finance
    Key Blair adviser picked to lead "serious" civil service efficiency review

    After decades of reviews aimed at driving down the civil service's running costs, Sir Michael Barber, former chief of Blair's delivery unit, is hailed by one Whitehall-watcher as "much less celebrity and much more focused on getting the job done"


    Budget 2017: Hammond mulls tax rise to cover extra spending
    06 Mar 2017 Finance
    Budget 2017: Hammond mulls tax rise to cover extra spending

    Chancellor will not use improved growth forecasts to borrow more money, it is reported


    Budget 2017: Treasury urged to avert 'disastrous' public service failures – as departments asked to model latest cuts
    28 Feb 2017 Finance
    Budget 2017: Treasury urged to avert "disastrous" public service failures – as departments asked to model latest cuts

    IfG and CIPFA data reveals growing pressure on key public services, as the Treasury asks departments to crack on with pre-announced £3.5bn in efficiency savings by 2019/20


    DfE's free schools spending doubles as old buildings struggle
    22 Feb 2017 Finance
    DfE's free schools spending doubles as old buildings struggle

    Education department comes in for criticism as audit office report flags increasing free school costs as old buildings fall into disrepair


    HMRC claims digital tax success as personal registrations pass 7m
    20 Feb 2017 Finance
    HMRC claims digital tax success as personal registrations pass 7m

    Tax collection agency beats target by 400,000 users months ahead of self-imposed deadline


    FCO details costliest embassy operations
    20 Feb 2017 Finance
    FCO details costliest embassy operations

    Departmental data release breaks down £583m spend on foreign outposts during 2015-16


    Cabinet secretary “threatened” drug companies with price caps to help NHS
    17 Feb 2017 Finance
    Cabinet secretary “threatened” drug companies with price caps to help NHS

    Report claims Sir Jeremy Heywood secured extra £250m for health service with ultimatum


    Old War Office cleared for conversion to hotel and flats
    16 Feb 2017 Finance
    Old War Office cleared for conversion to hotel and flats

    Westminster City Council approves proposals for Whitehall landmark despite heritage concerns


    Treasury is 'overbearing' and 'overstretched', warns Lord Kerslake – but review stops short of calling for break-up
    13 Feb 2017 Finance
    Treasury is "overbearing" and "overstretched", warns Lord Kerslake – but review stops short of calling for break-up

    Former head of the civil service's review for Labour says Treasury must "up its game" on financial expertise; do more to support regional growth; and stop "second guessing" departments


    MPs question Defra’s ability to handle Brexit after rural payments fiasco
    09 Feb 2017 Finance
    MPs question Defra’s ability to handle Brexit after rural payments fiasco

    Report on full impact of delays with Common Agricultural Policy funds distribution says UK taxpayers will be left with £642m in penalties 


    OBR report spotlights “next financial crisis” says Institute for Government
    20 Jan 2017 Finance
    OBR report spotlights “next financial crisis” says Institute for Government

    Think tank deputy director Julian McCrae says dealing with impact of the ageing society will be a dominant domestic task for Whitehall over the next 15 years



     


    Crown Commercial Service taking a slow and steady approach to meet its savings targets, MPs told
    19 Jan 2017 Finance
    Crown Commercial Service taking a slow and steady approach to meet its savings targets, MPs told

    The chief executive of the Crown Commercial Service has told the Public Accounts Committee that he would rather “take time to build a model that endures” than rush to increase the volume of services bought through and by his centralised procurement team


    HMRC not going back to private sector for tax credit checks after Concentrix row
    17 Jan 2017 Finance
    HMRC not going back to private sector for tax credit checks after Concentrix row

    Comes after supplier Concentrix "consistently failed to achieve more than half of its performance targets" during first year of its tax credit checks contract


    DfID’s under-fire cash transfer scheme delivers “strong value for money”, aid watchdog finds
    12 Jan 2017 Finance
    DfID’s under-fire cash transfer scheme delivers “strong value for money”, aid watchdog finds

    Scheme delivers strong value for money and has exceeded targets, Independent Commission for Aid Impact says, but officials could do more to help national governments improve the way cash is delivered


    Defiant NHS chief rejects government's health service funding claims
    12 Jan 2017 Finance
    Defiant NHS chief rejects government's health service funding claims

    Comments from NHS England chief executive prompt former Treasury permanent secretary Nick Macpherson to warn of a "bottomless pit" on health service funding


    Tributes paid to late Treasury permanent secretary Sir Douglas Wass
    06 Jan 2017 Finance
    Tributes paid to late Treasury permanent secretary Sir Douglas Wass

    Sir Nicholas Macpherson says his Treasury predecessor was "instrumental in pulling the country back from the brink in 1976"


    IfG report lauds Treasury’s Financial Management Reform programme
    09 Dec 2016 Finance
    IfG report lauds Treasury’s Financial Management Reform programme

    But think tank warns that ministers could jeopardise its success by scaling back resourcing or attempting to widen its scope too much



     


    DfID looks to step up contractor scrutiny after criticism
    08 Dec 2016 Finance
    DfID looks to step up contractor scrutiny after criticism

    Analysis by The Times finds fees paid to consultancy companies by the Department for International Development have risen sharply in the past year


    Autumn Statement 2016: Hammond loosens Osborne's £3.5bn efficiency drive – but departmental cuts plan remains
    23 Nov 2016 Finance
    Autumn Statement 2016: Hammond loosens Osborne's £3.5bn efficiency drive – but departmental cuts plan remains

    Spending Review 2015 plans "will remain in place", says the new chancellor – but departments will be able to reinvest some of their 2019/20 savings


    Autumn Statement 2016: Live coverage as Philip Hammond unveils Treasury plans
    23 Nov 2016 Finance
    Autumn Statement 2016: Live coverage as Philip Hammond unveils Treasury plans

    Live coverage of the build-up, announcements and reaction as chancellor Philip Hammond makes his first fiscal statement, via our colleagues on PoliticsHome.com


    Autumn Statement and Budget announcements suffer from “evidence gap”, says charity
    23 Nov 2016 Finance
    Autumn Statement and Budget announcements suffer from “evidence gap”, says charity

    Researchers warn about lack of transparency over evidence behind policies announced in big fiscal events


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