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?
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.
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.
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...
Chancellor Rishi Sunak has announced the UK is set to issue its first sovereign green bond next year, in a bid to help meet the government’s 2050 carbon net zero target.
The government has announced it is extending the Coronavirus Job Retention scheme for a further four months, alongside increased support for self-employed workers.
The impact of Covid-19 on financial markets has further underlined the need for public bodies to carefully consider their treasury management strategies
The Treasury faces difficult trade-offs around time, cost and quality in producing the UK government’s accounts, says Helen Jackson, audit manager at the National Audit Office.
Chancellor Rishi Sunak signalled that plans for the government to get debt back under control will be pushed into the medium term, following this year’s record borrowing.
Chancellor Rishi Sunak has been asked by Parliament’s Treasury Select Committee asked to explain the arrangements put in place to help devolved administrations mitigate issues arising from the...
The upcoming review of the Treasury’s Green Book should limit private sector involvement in business cases to reduce complexity and increase transparency, according to think tank Centre for Cities.
Imposing tax increases too early could “stifle” the UK’s economic recovery from the coronavirus pandemic, a report from the Treasury Select Committee has warned.
The UK Treasury has denied reports that it is to drop the recently-implemented digital services tax amid fears it could jeopardise a post-Brexit trade deal.
Changes to the current Public Works Loan Boards lending terms should avoid “unintended consequences” that harm regeneration projects, CIPFA has warned.
The upcoming Spending Review will be driven by speeding up decision-making through the greater use of data, according to chief secretary to the Treasury Steve Barclay.
The Treasury is looking into the potential of an infrastructure bank, to help offset the funding loss from European Investment Bank, according to a report.
The government is asking for views on the potential of a capital values tax or online services tax to replace business rates in its comprehensive review of the tax.
The government has been criticised for its lack of understanding of the effectiveness of tax reliefs, as after a report from the Public Accounts Committee said it knew "too little" about the schemes.
The government will need a plan to manage its Covid-related debt in place by the autumn, according to former permanent secretary to the Treasury, Lord Macpherson.