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14 Jun 21
The government has committed to publishing its Green Financing Framework, which will set out new criteria for funding of its forthcoming green bonds, by the end of this month.
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11 Jun 21
A group of experts has begun work to help create a set of standards for green investment in the UK, with sustainability becoming increasingly important for investors, including in the public sector.
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7 Jun 21
The Treasury’s decision to reject a £15bn school recovery programme suggests a broader problem with the UK’s budgeting framework, according to the Institute for Fiscal Studies.
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3 Jun 21
Kevan Collins, the government's education recovery commissioner, has resigned following a "furious" row erupted with the Treasury over the department's rejection of his proposals for a £15bn school...
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14 May 21
Former prime minister David Cameron defended supply chain finance as a way of reducing cost of public service provision, as he faced questions from MPs on the lobbying scandal.
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5 May 21
Chancellor Rishi Sunak has distanced himself from a post Covid-19 tax raid on higher earners, as he insisted the UK tax system is already “very progressive”.
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23 Apr 21
Former prime minister David Cameron “quite persistently” lobbied Treasury officials to allow now-defunct Greensill Capital to access government Covid-19 support, according to the department's top...
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23 Apr 21
Increased contributions by members are on track to deliver the expected savings to public sector pension costs, according to senior civil servants.
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16 Apr 21
The UK Treasury has updated the Green Book – its methodology for assessing funding bids – to help users put it into action more effectively to achieve ‘levelling up’. What do authorities need to know?
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3 Mar 21
The newly announced UK Infrastructure Bank will offer £4bn of loan to authorities at the same interest cost as local infrastructure rates formerly offered through the Public Works Loan Board.
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2 Mar 21
Councils will gain access to £4bn worth of loans for capital projects from the new UK Infrastructure Bank - although experts have raised questions about the lending rate.
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2 Mar 21
Chancellor Rishi Sunak this week said a one percentage point rise in interest rates would add £25bn a year to the government’s debt servicing costs. So why isn’t the Treasury relieving the pressure...
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1 Mar 21
Chancellor Rishi Sunak should not increase taxes in this week’s Budget, as they could undermine the Covid-19 recovery, the Treasury Select Committee has warned.
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26 Feb 21
The Treasury has completed the sale of Bradford and Bingley and NRAM, formerly Northern Rock, for £5bn, after the banks were brought under government control during the financial crisis.
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23 Feb 21
Moving into negative interest rate territory might be less significant than it sounds, but still provides investors with food for thought
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12 Feb 21
The UK Treasury’s change of heart on issuing a sterling green bond provides it with an opportunity to drive the transition towards a green economy
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8 Feb 21
Treasury officials are looking into the implementation of an online sales tax and an ‘excessive profit’ levy, in response to the increase in online shopping resulting from Covid-19, according to...
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22 Jan 21
MPs have warned that the financial sustainability of some local authorities presents a “significant risk” to the government's finances, and urged the swift implementation of the Redmond review into...
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21 Jan 21
At the end of 2021, LIBOR, the most popular sterling benchmark rate, will be phased out. What do public sector treasurers need to know about the transition to its recommended replacement, SONIA?
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19 Jan 21
Jesse Norman, financial secretary to the Treasury, has warned against immediate tax rises in the upcoming budget which could “impede” economic growth.
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11 Jan 21
The Treasury has confirmed that its Dormant Assets Scheme is to be expanded to cover accounts in insurance, pensions, investment, wealth management and securities sectors.
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7 Jan 21
Tom Scholar is to be reappointed as the permanent secretary to the UK Treasury, to serve his second five-year term in the position.
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10 Dec 20
The Treasury is considering plans to expand VAT for the ‘sharing economy’ to help ensure there is a level playing field for all businesses.
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26 Nov 20
Local government misunderstanding of Whitehall’s process for assessing funding bids – not the methodology itself – has hampered ‘levelling up’, according to a government review of the Green Book.
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12 Nov 20
The UK government has been urged to consider moving capital gains tax rates in line with income tax levels, which could raise an additional £14bn annually, according to the Office of Tax...
14 Jun 21The government has committed to publishing its Green Financing Framework, which will set out new criteria for funding of its forthcoming green bonds, by the end of this month.
11 Jun 21A group of experts has begun work to help create a set of standards for green investment in the UK, with sustainability becoming increasingly important for investors, including in the public sector.
7 Jun 21The Treasury’s decision to reject a £15bn school recovery programme suggests a broader problem with the UK’s budgeting framework, according to the Institute for Fiscal Studies.
3 Jun 21Kevan Collins, the government's education recovery commissioner, has resigned following a "furious" row erupted with the Treasury over the department's rejection of his proposals for a £15bn school...
14 May 21Former prime minister David Cameron defended supply chain finance as a way of reducing cost of public service provision, as he faced questions from MPs on the lobbying scandal.
5 May 21Chancellor Rishi Sunak has distanced himself from a post Covid-19 tax raid on higher earners, as he insisted the UK tax system is already “very progressive”.
23 Apr 21Increased contributions by members are on track to deliver the expected savings to public sector pension costs, according to senior civil servants.
16 Apr 21The UK Treasury has updated the Green Book – its methodology for assessing funding bids – to help users put it into action more effectively to achieve ‘levelling up’. What do authorities need to know?
3 Mar 21The newly announced UK Infrastructure Bank will offer £4bn of loan to authorities at the same interest cost as local infrastructure rates formerly offered through the Public Works Loan Board.
2 Mar 21Councils will gain access to £4bn worth of loans for capital projects from the new UK Infrastructure Bank - although experts have raised questions about the lending rate.
2 Mar 21Chancellor Rishi Sunak this week said a one percentage point rise in interest rates would add £25bn a year to the government’s debt servicing costs. So why isn’t the Treasury relieving the pressure...
23 Feb 21Moving into negative interest rate territory might be less significant than it sounds, but still provides investors with food for thought
12 Feb 21The UK Treasury’s change of heart on issuing a sterling green bond provides it with an opportunity to drive the transition towards a green economy
22 Jan 21MPs have warned that the financial sustainability of some local authorities presents a “significant risk” to the government's finances, and urged the swift implementation of the Redmond review into...
21 Jan 21At the end of 2021, LIBOR, the most popular sterling benchmark rate, will be phased out. What do public sector treasurers need to know about the transition to its recommended replacement, SONIA?
7 Jan 21Tom Scholar is to be reappointed as the permanent secretary to the UK Treasury, to serve his second five-year term in the position.
12 Nov 20The UK government has been urged to consider moving capital gains tax rates in line with income tax levels, which could raise an additional £14bn annually, according to the Office of Tax...
