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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.
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5 Nov 20
The government has announced it is extending the Coronavirus Job Retention scheme for a further four months, alongside increased support for self-employed workers.
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23 Oct 20
Government schemes to protect jobs and support businesses during the Covid-19 pandemic risk considerable levels of fraud and error, particularly the furlough scheme, according to the National Audit...
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22 Oct 20
Chancellor Rishi Sunak has announced the government is to amend its Job Support Scheme to increase support to businesses affected by reduced trade resulting from Covid-19.
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9 Sep 20
Simon Clarke, the minister for regional growth and local government, has resigned from the government for personal reasons.
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4 Sep 20
Financial management was not built into the overall European Union exit programme of work, according to a report from the National Audit Office.
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4 Sep 20
The Treasury’s ‘Eat Out to Help Out’ scheme intended to help the hospitality industry during the pandemic has cost the government more than £522m.
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24 Aug 20
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.
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20 Aug 20
Economists’ predictions for the contraction in the UK’s GDP following Covid-19 became more pessimistic in August, according to the latest independent forecasts published by the Treasury.
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5 Aug 20
Local public bodies borrowed £187.2m last month from the Public Works Loan Board, almost a 50% rise on £125.6m borrowed from the board in June.
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24 Jul 20
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.
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22 Jul 20
Central government has failed to give local authorities enough clarity over long-term funding during the coronavirus pandemic, according to a report from the Public Accounts Committee.
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21 Jul 20
The Institute for Fiscal Studies has warned the comprehensive spending review could lead to less money for spending departments than was trailed in March’s Budget, due to the Covid-19 pandemic.
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24 Jun 20
The government is set to pledge an additional £105m of funding to help keep rough sleepers off the streets post Covid-19.
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2 Apr 20
The Debt Management Office is set to auction a record £45bn in gilts this month, in order to help finance the government’s response to the coronavirus pandemic.
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.
26 Feb 21The 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.
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.
12 Feb 21The government does not know enough about the overall impact of environmental taxes on its carbon neutrality goals, according to the National Audit Office.
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.
5 Nov 20The government has announced it is extending the Coronavirus Job Retention scheme for a further four months, alongside increased support for self-employed workers.
22 Oct 20Chancellor Rishi Sunak has announced the government is to amend its Job Support Scheme to increase support to businesses affected by reduced trade resulting from Covid-19.
9 Sep 20Simon Clarke, the minister for regional growth and local government, has resigned from the government for personal reasons.
4 Sep 20Financial management was not built into the overall European Union exit programme of work, according to a report from the National Audit Office.
24 Aug 20The 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.
5 Aug 20Local public bodies borrowed £187.2m last month from the Public Works Loan Board, almost a 50% rise on £125.6m borrowed from the board in June.
24 Jun 20The government is set to pledge an additional £105m of funding to help keep rough sleepers off the streets post Covid-19.
28 Sep 21
7 Jul 21 to 8 Jul 21
