A combination of demographic changes, skills shortages, resource constraints and competition with the private sector means recruiting for local authority finance teams has never been harder
George Osborne has announced a delay to completing the full sale of the government’s stake in Lloyds Banking Group due to “turbulence” in the global financial markets.
The Treasury’s £757.1m sale of the taxpayers’ stake in Eurostar raises fresh concerns that the government is undervaluing public assets when privatising them, the Public Accounts Committee has warned...
George Osborne has extended a government scheme to sell shares in Lloyds Banking Group as part of moves to fully privatise the firm, which was bailed out during the financial crisis.
The government has recouped nearly three-quarters of the money used to bailout Lloyds Banking Group following the sale of a further 1% of the firm’s shares.
The government has begun the process that will sell off the taxpayers’ stake in the firm leading a major redevelopment project in King’s Cross in London.
The government is to complete the privatisation of the Royal Mail this year by selling off the remaining taxpayer stake in the firm, which is estimated to raise £1.5bn.
The Treasury has confirmed that it will offer shares in the bailed-out Lloyds Banking Group to the general public within the next year as part of moves to return the bank to full private ownership.
Public finance professionals should be at the forefront of public service reform in a Scotland likely to remain dominated by Left-wing politicians with an ‘unthinking’ belief in a big public sector,...
Serco’s losses should be a wake-up call for both outsourcers and politicians. We need a review of the impact of and conditions for successful public sector outsourcing.
Public corporations are a sensible alternative to the use of privatised suppliers. But they are being held back by an outdated reputation and weird accounting rules
