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    Finance

    Keep up-to-date with the latest Finance news from Civil Service World
    Budget 2025: Departments told to find extra £4.9bn in efficiencies
    26 Nov Finance

    Budget 2025: Departments told to find extra £4.9bn in efficiencies

    New target follows near-£14bn efficiencies committed to for SR25 period
    by Tevye Markson
    OBR chair Richard Hughes quits over Budget-document bungle
    02 Dec Finance
    OBR chair Richard Hughes quits over Budget-document bungle
    Union sounds alarm on Valuation Office Agency ‘integration’ with HMRC
    28 Nov Finance
    Union sounds alarm on Valuation Office Agency ‘integration’ with HMRC
    Budget 2025: Overhauled spending control and accountability framework to 'drive better value for money'
    26 Nov Finance
    Budget 2025: Overhauled spending control and accountability framework to 'drive better value for money'
    Spending Round: Government doesn’t know if funding pledges will be sustainable after Brexit, says IFS
    02 Sep 2019 Finance
    Spending Round: Government doesn’t know if funding pledges will be sustainable after Brexit, says IFS

    Making spending announcements without an updated fiscal forecast from the OBR risks "a return to the bad old days"


    PCS demands pay boost in next week’s Spending Review
    30 Aug 2019 Finance
    PCS demands pay boost in next week’s Spending Review

    Civil service’s biggest union also calls on Sajid Javid to invest in staff boosts for revenue-raising departments and implement positive pensions changes 


    Just one week to prepare for Spending Round as Javid brings review forward again
    28 Aug 2019 Finance
    Just one week to prepare for Spending Round as Javid brings review forward again

    Chancellor says move to hold review next week would help match spending to new government’s priorities


    MoJ hits '10 Prisons' drugs and violence targets, meaning former prisons minister Rory Stewart wouldn’t have had to resign
    23 Aug 2019 Finance
    MoJ hits '10 Prisons' drugs and violence targets, meaning former prisons minister Rory Stewart wouldn’t have had to resign

    Department declares former minister’s resignation pledge project a success


    Shapps names independent panel for HS2 review
    22 Aug 2019 Finance
    Shapps names independent panel for HS2 review

    Ten-member team to report on case for controversial £55.7bn project by December


    HMRC starts auto-enrolling firms in customs system in bid to avoid no-deal Brexit disruption
    21 Aug 2019 Finance
    HMRC starts auto-enrolling firms in customs system in bid to avoid no-deal Brexit disruption

    Chancellor Sajid Javid says there is no time to delay as he announced auto sign up scheme


    HMRC ‘recognises staff concern on pay’ after 2% deal draws fire
    12 Aug 2019 Finance
    HMRC ‘recognises staff concern on pay’ after 2% deal draws fire

    Department tells staff it hears their concerns as union reacts to imposition of 2019-20 settlement


    HMRC criticised for plans to impose ‘derisory’ 2% pay award
    09 Aug 2019 Finance
    HMRC criticised for plans to impose ‘derisory’ 2% pay award

    Union dubs department tasked with enforcing National Living Wage ‘morally bankrupt’ for treatment of staff


    Civil Service Compensation Scheme ‘won’t change before 2020’
    08 Aug 2019 Finance
    Civil Service Compensation Scheme ‘won’t change before 2020’

    Union says it has secured a pledge from Cabinet Office and demands funding rethink following Boris Johnson’s spending pledges


    £6m cost of pension contribution tax trap for top civil servants revealed
    08 Aug 2019 Finance
    £6m cost of pension contribution tax trap for top civil servants revealed

    Figures from Prospect trade union come as government plans review of pension tax rules for public sector after NHS reforms


    Government urged to end pension contribution tax trap for senior civil servants as well as doctors
    07 Aug 2019 Finance
    Government urged to end pension contribution tax trap for senior civil servants as well as doctors

    Unions say tax treatment of pension contributions is leading civil servants "to incur significant tax burdens simply by saving for the future"


    Department for International Trade confirms go-ahead for freeports
    02 Aug 2019 Finance
    Department for International Trade confirms go-ahead for freeports

    International trade secretary Liz Truss names panel of advisers to consider location for up to 10 tax-free ports


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