Public Finance

Articles from June

Better Apart?
THE TREASURY HAS long disliked those bits of entitlement-driven public spending it finds hard to control - known in Whitehall jargon as 'annual managed expenditure' or AME.Having cut to the bone the more controllable bits of government spending subject...
Capital Welcomes Tax Powers Call
Boris Johnson greeted the London Finance Commission's recommendations with great enthusiasm and his characteristically quirky rhetorical flourish. Tor too long, London has been an economic giant, but a fiscal infant,' said the city mayor. "Babes unborn...
Coming Up
PRISON TRIALSThe National Audit Office is examining how well the National Offender Management Service manages prison. Its report will consider whether Noms' strategy is likely to improve value for money and whether the current estate allows Noms to meet...
Council Bonds 'Will Offer Cheaper Borrowing'
Plans to establish a municipal bonds agency for local government could provide cheaper borrowingfor councils than the Public Works Loan Board, an international expert has told Public Finance.Lars Andersson founded Sweden's Kommuninvest agency, and is...
Data Protection
according t? the World Health Organisation, health care represents only about 10% of the activities that determine your health. Environmental influences and human biology account for about 20% each and lifestyle (smoking, obesity, stress, alcohol consumption,...
How to Run Effective Meetings
Meetings can be the bane of everyone's lives. The public sector is full of them. Is this because some organisations have a culture of meetings for the sake of it? How often do you step out of one and exclaim that it was a waste of time? You might even...
In Brief
SHARING CARINGCharities urged to share resourcesThe Welsh Government is reviewing how it works with and funds the third sector. Communities minister Huw Lewis said the government wanted to hear from charities how they could work in partnership in the...
Kerslake Signals Finance Reform
Whitehall's finance function could undergo further reform as part of coalition efforts to modernise the civil service, Sir Bob Kerslake has revealed.The civil service head told Public Finance an evaluation of the Whitehall reform plan would be published...
Nowhere to Hide
The UK's presidency of the Group of Eight nations is an opportunity to drive international action on tax evasion and avoidance.In the UK, the government has been reforming its tax system to make it more competitive. We're cutting corporation tax from...
Numbers Game
PF's monthly roundup of statistics covering the public finances, economic growth, unemployment and moreThe doom and gloom of recent months appears to have been tempered by small signs of positivity in the UK's economic performance.Sir Mervyn King, fronting...
Obituary: Alec Fagg
Alec Fagg of Shanklin has died after a short illness. He devoted his life to public service, professionally and in many voluntary and charitable organisations. Born the sixth of nine children of a farm worker in Deal, Kent, he gained a scholarship to...
Obituary: David Chynoweth
It is with great sadness that I record that past CIPFA president David Chynoweth passed away on May 9, aged 72. David will be sadly missed by his wife Margaret and three children.Having obtained a first-class honours degree in economics, he started his...
Race for Recovery
a factoid from the global economic crisis is that more cranes are mounted above London than in the rest of England put together. You don't need to count the number of big swinging jibs to see that the UK economy is running at more than one speed. House...
Running to Catch Up
PEOPLE ARE INCREASINGLY living their lives online. According to the National Audit Office, 83% of the UK population is con- nected to the internet. Some 31 million UK web users have an active Facebook account, with each receiving an average of 36 posts...
Scots to Set Up Own-Brand OBR
The Scottish Government is to setup its own version of the Office for Budget Responsibility when it takes on new tax powers under the 2012 Scotland Act. The move follows MSPs' concerns that poor OBR forecasting could leave Scotland out of pocket.Finance...
Taking Stock of HRA
it is a year since local authorities gained control of their Housing Revenue Accounts, moving from the centralised pooling system to keeping their own rents. So what has happened since then and what still needs to be done?Much of the work before April...
The Great Care Divide
The postwar creation of the modern welfare state set up two structures that still define our current situation. The first is the National Health Service which, in principle, offers health care free at point of delivery. The second is the provision of...
The Referendum Conundrum
UK Independence Party leader Nigel Farage's chaotic visit to Scotland has emphasised the growing divergence of political culture north and south of the border. Farage wasn't booed because he was English, but because of his policies on immigration, gay...
The Western Front
IF YOU ARE in charge at this time, it's all about priorities,' says Jane Hütt, giving a frank assessment of the challenges she's grappling with as finance minister for Wales. 'It's all about making tough deci- sions - having to be clear what your priori-...
Time to Fund 'Poor Relation'
Former care minister Paul Burstow has urged the government to set out a clear plan for the future of adult social care funding in the June 26 Spending Review.Speaking to Public Finance, Burstow said the Spending Review, which will set out departmental...
Why Mr Always Right Is Wrong
For Education Secretary Michael Gove, every critic of his reforms is an 'enemy of promise'. But there's a reason he can't carry the profession with him.If s a puzzling paradox that within Conservative Westminster and media bubbles, Michael Gove is rated...
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