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5 Oct 21
A decision by the government made this week for an economic check could make it harder for local government employers to meet pension obligations, according to an expert.
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22 Sep 21
The Treasury’s inaugural £10bn bond targeting investments in net zero projects, received more than £100bn of bids from the market, according to reports.
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14 Sep 21
The level of scrutiny and financial management placed on the government’s £37bn Test and Trace programme was “disappointing”, according to a senior Treasury official.
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25 Aug 21
Future increases to public service pension contributions should be linked to long-term UK GDP growth, according to industry consultants.
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9 Aug 21
A cabinet politician has poured water on reports of a rift between chancellor Rishi Sunak and prime minister Boris Johnson, though he admitted there is a “creative tension”.
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21 Jul 21
The government’s funding process for its own digital projects hinders long-term planning and makes it difficult to maintain infrastructure, according to the National Audit Office.
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20 Jul 21
The government’s reported proposal to increase national insurance rates to pay for the long-awaited social care reform has been labelled “regressive” and a “rubbish idea” by experts.
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29 Jun 21
The government has proposed a three-year valuation period for business rates, alongside changes to the appeals process, in a bid to make the system more effective.
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24 Jun 21
The government has rejected a proposal by the government actuary that would have allowed greater flexibility in public pension funds’ response to rising costs.
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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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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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28 May 21
The House of Lords Economic Affairs Committee has written to chancellor Rishi Sunak to clarify the working relationship between the Bank of England and department throughout Covid-19.
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19 Apr 21
The Treasury and the Bank of England have launched a joint taskforce to explore the potential of a digital currency.
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25 Mar 21
The government is to retrospectively ban business rates appeals based on a drop in property values due to Covid-19, a move labelled as “scandalous” by rating advisers.
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24 Mar 21
Public service pension schemes will continue to handle separate payments for historic provisions, after the government deemed a potential replacement as too resource intensive.
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19 Mar 21
Public service pensions have become unaffordable for some employees who are forced to opt out of schemes, according to the National Audit Office.
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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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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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15 Feb 21
Wales, Scotland and Northern Ireland have been given more than £2bn in additional funding from the UK government to help with Covid-19 spending.
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12 Feb 21
The government does not know enough about the overall impact of environmental taxes on its carbon neutrality goals, according to the National Audit Office.
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4 Feb 21
The Treasury has confirmed that the public sector pension scheme members will be allowed to defer their choice on pension benefits upon retirement.
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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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22 Dec 20
Cat Little had a baptism of fire after joining the Treasury in March 2020. From PPE purchasing to November’s Spending Review, controls have remained tight, she says.
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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.
5 Oct 21A decision by the government made this week for an economic check could make it harder for local government employers to meet pension obligations, according to an expert.
22 Sep 21The Treasury’s inaugural £10bn bond targeting investments in net zero projects, received more than £100bn of bids from the market, according to reports.
14 Sep 21The level of scrutiny and financial management placed on the government’s £37bn Test and Trace programme was “disappointing”, according to a senior Treasury official.
25 Aug 21Future increases to public service pension contributions should be linked to long-term UK GDP growth, according to industry consultants.
9 Aug 21A cabinet politician has poured water on reports of a rift between chancellor Rishi Sunak and prime minister Boris Johnson, though he admitted there is a “creative tension”.
21 Jul 21The government’s funding process for its own digital projects hinders long-term planning and makes it difficult to maintain infrastructure, according to the National Audit Office.
20 Jul 21The government’s reported proposal to increase national insurance rates to pay for the long-awaited social care reform has been labelled “regressive” and a “rubbish idea” by experts.
29 Jun 21The government has proposed a three-year valuation period for business rates, alongside changes to the appeals process, in a bid to make the system more effective.
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.
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...
28 May 21The House of Lords Economic Affairs Committee has written to chancellor Rishi Sunak to clarify the working relationship between the Bank of England and department throughout Covid-19.
25 Mar 21The government is to retrospectively ban business rates appeals based on a drop in property values due to Covid-19, a move labelled as “scandalous” by rating advisers.
24 Mar 21Public service pension schemes will continue to handle separate payments for historic provisions, after the government deemed a potential replacement as too resource intensive.
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.
15 Feb 21Wales, Scotland and Northern Ireland have been given more than £2bn in additional funding from the UK government to help with Covid-19 spending.
4 Feb 21The Treasury has confirmed that the public sector pension scheme members will be allowed to defer their choice on pension benefits upon retirement.
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.
22 Dec 20Cat Little had a baptism of fire after joining the Treasury in March 2020. From PPE purchasing to November’s Spending Review, controls have remained tight, she says.
10 Dec 20The Treasury is considering plans to expand VAT for the ‘sharing economy’ to help ensure there is a level playing field for all businesses.
