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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
    ‘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
    HMRC rejects recommendations to improve customer service performance
    07 Apr Finance
    HMRC rejects recommendations to improve customer service performance
    Crown Commercial Service's Matt Denham hails savings progress – and vows to 'encourage disruption'
    02 Mar 2016 Finance
    Crown Commercial Service's Matt Denham hails savings progress – and vows to "encourage disruption"

    “I love disruptive procurement,” says CCS’s commercial delivery director


    Budget 2016: George Osborne says departments could be in line for more cuts
    29 Feb 2016 Finance
    Budget 2016: George Osborne says departments could be in line for more cuts

    "There are always ways to make government better, always ways to make sure that the taxes of people are better spent," says chancellor, against gloomy global economic backdrop


    Public Administration Committee asks whether departments' accounts are up to the job
    26 Feb 2016 Finance
    Public Administration Committee asks whether departments' accounts are up to the job

    Pacac says government spends “considerable amounts of money” producing accounts even thought it "not clear that they are of any use to select committees, or to the public"


    Former civil service head Lord Kerslake blasts “demeaning” move to end automatic “check off” of union fees across Whitehall
    26 Feb 2016 Finance
    Former civil service head Lord Kerslake blasts “demeaning” move to end automatic “check off” of union fees across Whitehall

    Lord Kerslake says it is “impossible to see why any fair person would want to remove this very basic service” - and vows to "sing the national anthem" if the government shelves plans to end automatic "check off" of fees from civil servants' pay packets


    Public Accounts Committee says it is 'impossible to judge' whether HMRC struck a fair tax deal with Google
    24 Feb 2016 Finance
    Public Accounts Committee says it is "impossible to judge" whether HMRC struck a fair tax deal with Google

    Public Accounts Committee criticises lack of transparency over HM Revenue and Customs' £130m, ten-year tax deal with Google – but says department has taken "a step in the right direction" in pledging reform of penalty regime


    'Significant day for devolution' as Westminster and Holyrood finally strike deal on Scottish finances
    24 Feb 2016 Finance
    "Significant day for devolution" as Westminster and Holyrood finally strike deal on Scottish finances

    Overall block grant will be at least as high as it would have been under the Barnett Formula – while Scottish government gets extra borrowing powers


    Treasury criticised by MPs over call to change Office for Budget Responsibility’s independent forecasts
    22 Feb 2016 Finance
    Treasury criticised by MPs over call to change Office for Budget Responsibility’s independent forecasts

    Treasury committee says 2014 intervention by then-chief secretary Danny Alexander “gives the appearance of a minister trying to lean on the OBR”


    King's Fund: Department of Health's budget 'touch and go' amid soaring NHS deficits
    18 Feb 2016 Finance
    King's Fund: Department of Health's budget "touch and go" amid soaring NHS deficits

    Leading health think-tank warns on state of NHS trust finances even after Treasury's Spending Review boost


    Public Accounts Committee chair Meg Hillier raises further questions about HMRC’s tax assurance commissioners
    12 Feb 2016 Finance
    Public Accounts Committee chair Meg Hillier raises further questions about HMRC’s tax assurance commissioners

    MP Meg Hillier tells CSW that public confidence in the way HM Revenue and Customs reaches settlement deals with large corporations will be an issue until there is greater transparency


    Public Accounts Committee: Department for Transport still facing rail capability gaps despite pay flexibility
    12 Feb 2016 Finance
    Public Accounts Committee: Department for Transport still facing rail capability gaps despite pay flexibility

    Transport department has improved its ability to let rail franchises, MPs say, but still lacks the capability to manage them, and does not have a “coherent strategic vision” for the rail system


    Public Accounts Committee challenges HMRC chief Lin Homer over Google tax settlement
    11 Feb 2016 Finance
    Public Accounts Committee challenges HMRC chief Lin Homer over Google tax settlement

    HMRC chief executive Dame Lin Homer has told members of the Public Accounts Committee that civil servants should be proud of progress in tackling tax avoidance on the part of large companies



     


    MyCSP: Civil service pension problems left officials facing 'hardship & distress', says NAO
    11 Feb 2016 Finance
    MyCSP: Civil service pension problems left officials facing "hardship & distress", says NAO

    Report by the National Audit Office lays bare the problems facing flagship mutual - but Cabinet Office says it has taken steps to turn the situation around. Unions meanwhile welcomed the spending watchdog's findings


    Kids Company mistakes could be repeated, MPs warn, as government internal auditors face committee grilling
    09 Feb 2016 Finance
    Kids Company mistakes could be repeated, MPs warn, as government internal auditors face committee grilling

    Treasury committee questions why internal auditors did not raise concerns about government funding of the now-collapsed Kids Company youth charity


    IFS: “Volatile” tax revenues could force George Osborne to make further spending cuts
    08 Feb 2016 Finance
    IFS: “Volatile” tax revenues could force George Osborne to make further spending cuts

    Institute for Fiscal Studies warns that “very inflexible” fiscal target could "come at a cost", while rising demand for services and public sector employment costs will make implementing cuts harder


    Government draws fire over “planned” Department for Work and Pensions directorship for Amazon boss
    04 Feb 2016 Finance
    Government draws fire over “planned” Department for Work and Pensions directorship for Amazon boss

    The anticipated decision to give Amazon director Douglas Gurr a non-executive role at the Department for Work and Pensions has been attacked because of the firm’s tax record


    Civil service chief John Manzoni: Rise in Whitehall consultancy spend shows need to tackle “critical skills shortage”
    01 Feb 2016 Finance
    Civil service chief John Manzoni: Rise in Whitehall consultancy spend shows need to tackle “critical skills shortage”

    Reducing reliance on consultants and temps will require "much more fundamental workforce transformation" than seen so far, civil service chief John Manzoni tells MPs. But he says the organisation is "on the road" to addressing the problem


    HMRC job cuts: majority of 200 at-risk staff 'facing compulsory redundancy'
    01 Feb 2016 Finance
    HMRC job cuts: majority of 200 at-risk staff "facing compulsory redundancy"

    In correspondence seen by CSW, HMRC chief Lin Homer defends "robust and transparent approach" to redundancies – but "outraged​" PCS union says department has failed to consider all options


    Kids Company collapse: ministers should not have over-ruled civil service advice over £3m public grant, say MPs
    01 Feb 2016 Finance
    Kids Company collapse: ministers should not have over-ruled civil service advice over £3m public grant, say MPs

    Report by the Public Administration and Constitutional Affairs Committee says that final round of funding to the beleaguered youth charity — subject to a warning from then-Cabinet Office perm sec Richard Heaton — "should not have been authorised"


    Greg Hands hails “impressive progress” on Treasury’s Financial Management Reform programme
    29 Jan 2016 Finance
    Greg Hands hails “impressive progress” on Treasury’s Financial Management Reform programme

    Chief secretary to the Treasury Greg Hands says his department’s five-strand programme – designed to put finance at the heart of government decision-making – is on course and delivering results


    Civil servants 'unfairly criticised' in Google tax row, says the FDA's Dave Penman
    29 Jan 2016 Finance
    Civil servants "unfairly criticised" in Google tax row, says the FDA's Dave Penman

    FDA general secretary Dave Penman says HMRC staff should not be blamed for internet giant Google’s controversial tax deal


    New figures show government likely to miss Office for Budget Responsibility borrowing forecast
    22 Jan 2016 Finance
    New figures show government likely to miss Office for Budget Responsibility borrowing forecast

    Overall borrowing this year now at £74.2bn,  past the OBR's projection of £68.9bn


    Ministry of Justice perm sec Richard Heaton: 'misunderstanding' led to independence spat with prisons inspector Nick Hardwick
    21 Jan 2016 Finance
    Ministry of Justice perm sec Richard Heaton: "misunderstanding" led to independence spat with prisons inspector Nick Hardwick

    MoJ's top official says falling out with prisons inspector was the result of spending controls introduced "in some haste" to tackle department's overspend


    Blockchain pilots should form part of city deals, says government chief scientific adviser Sir Mark Walport
    19 Jan 2016 Finance
    Blockchain pilots should form part of city deals, says government chief scientific adviser Sir Mark Walport

    Government should be trialling use of distributed ledger technologies to improve welfare payments, according to a report published today


    HMRC chief Lin Homer: office closures won't lead to 'cliff edge' of expertise
    13 Jan 2016 Finance
    HMRC chief Lin Homer: office closures won't lead to "cliff edge" of expertise

    Tax authority's chief executive Dame Lin Homer is grilled on plans to cut HMRC's office network from 170 smaller offices to 13 regional centres


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