Public Finance

Articles from May 2010

Banking on Mervyn
Mervyn King is not known for his hyperbole, so we should take comfort from his assertion this week that the new government's deficit reduction plan is 'strong and powerful'.The governor of the Bank of England warmly praised the Conservative Liberal Democrat...
Civil Service 'Right' to Publish Report on Scottish Cuts
The Scottish Government's chief economic adviser has defended the non-partisan role of the civil service after being challenged overa controversial report on spending" cuts, published during the general election campaign.Andrew Goudic told the Scottish...
Coalition of the Willing
prepare for the unexpected was the watchword around Whitehall ahead of polling day. Based on the surprise outcomes in both Scotland and Wales in 2007, Sir Gus O'Donnell. the Cabinet secretary, challenged civil servants to think the unthinkable. And....
Commons Unreflective of Society, Says Sutton Trust
There has been an increase in the number of privately educated MPs in the newly elected Commons, leading to a profile that 'does not reflect society at large', according to research published this week.Educational charity the Sutton Trust found that...
Events
May* MAY 18-19CIPFA audit conference 2010 - Making a difference in challenging timesChaired by Tony Travers, director of the Greater London Group at the London School of Economics, the event sets out the shape of the landscape facing auditManchester*...
Fixed-Term Parliaments 'Wouldn't Guarantee Success of Coalition'
Government plans to introduce fixedterm Parliaments and hold a referendum on electoral reform have met a sceptical reaction from experts.Deputy Prime Minister Nick Clegg will personally oversee the political reforms, set out in the coalition agreement...
IDA Is Set to Shrink, Warns Incoming Chief
The new head of the Improvement mid Development Agency has told Public Finance that he intends to slash the size of the organisation by up to 40%, starting this year.In an exclusive interview with PF, Rob Whiteman. who takes over as chief executive on...
Ireland Takes the Pain
IF YOU WANT to see the future for the UK's public sector it is possibly written in events across the Irish Sea. Taoiseach (prime minister) Brian Cowen and his government have spent the past two years grappling with a fiscal crisis that could have brought...
Labour Gains from High Local Turnout
A high turnout gave Labour gains in last week's local elections, but councils of all political shades face unpopular decisions on spending cuts, experts have warned.For the first time, polls at London's 32 borough councils coincided with a general election....
New Government to Push on with £6Bn of Cuts This Year
Public spending faces a £6bn cut in this financial year under the coalition government deal worked out by die Conservatives and Liberal Democrats.The agreement said die two parties sought 'a significantly accelerated reduction in the structural deficit...
Spoilt Votes
TO MANY ELECTION night television viewers, the first reports of voters being turned away from polling stations on May 6 came as a surprising injection of real life drama amid the endless exit poll analysis and time-filling celebrity chit-chat.But even...
There Is an Alternative
THE NEW CONSERVATIVE/Liberal Democrat government faces a number of challenges: a fragile economy, high unemployment, and increasing pressure on the public finances as the costs of the financial crisis mount.But last week's election results confirmed...
Transport Funds 'Must Be Spread Nationwide'
The new coalition government must match regional transport spending with planned improvements for London, regional groups have warned.The call came after London Mayor Boris Johnson published his transport strategy on May 10, the day before the Conservative-Liberal...
WAG Plans Action on Child Poverty
The Welsh Government is consulting on a fresh strategy to tackle child poverty.It involves redirecting funding and developing local partnerships to co-ordinate initiatives on unemployment, education, health, bousing and parenting,Launching a consultation...
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