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Author: Great Britain. Treasury Publisher: Stationery Office ISBN: 9780115601071 Category : Business & Economics Languages : en Pages : 114
Book Description
This new edition incorporates revised guidance from H.M Treasury which is designed to promote efficient policy development and resource allocation across government through the use of a thorough, long-term and analytically robust approach to the appraisal and evaluation of public service projects before significant funds are committed. It is the first edition to have been aided by a consultation process in order to ensure the guidance is clearer and more closely tailored to suit the needs of users.
Author: Great Britain. Treasury Publisher: Stationery Office ISBN: 9780115601071 Category : Business & Economics Languages : en Pages : 114
Book Description
This new edition incorporates revised guidance from H.M Treasury which is designed to promote efficient policy development and resource allocation across government through the use of a thorough, long-term and analytically robust approach to the appraisal and evaluation of public service projects before significant funds are committed. It is the first edition to have been aided by a consultation process in order to ensure the guidance is clearer and more closely tailored to suit the needs of users.
Author: Mark Power Publisher: ISBN: Category : Architectural photography Languages : en Pages : 128
Book Description
A series of photographs taken by Mark Power between December 2000 and July 2002 at HM Treasury, Whitehall, London, documenting the refurbishment of the Treasury buildings.
Author: Great Britain: H.M. Treasury Publisher: The Stationery Office ISBN: 9780101883528 Category : Political Science Languages : en Pages : 56
Book Description
This consultation form a key part of a wider set of reforms announced at Budget 2014. The government is keen to ensure that individuals who want to save are supported in doing so. The nature of retirement is changing as people are living longer and their needs more varied. In this Government's view the State should not be imposing restrictions on individuals who have made tough choices to save for the future. So from next year there will be no restrictions on people's ability to draw down from their defined contribution pension pots after age 55. The tax rules will be drastically simplified to give flexible access to pension savings. Consumers will therefore also need to be well informed to make their choices and the Government will introduce a new duty on pension providers and schemes to deliver a 'guidance guarantee' by April 2015. They will also make available a £20 million development fund to get the initiative up and running
Author: Great Britain: National Audit Office Publisher: The Stationery Office ISBN: 9780102965605 Category : Political Science Languages : en Pages : 40
Book Description
The Treasury's Asset Protection Scheme to protect over £280 billion of Royal Bank of Scotland's financial assets against losses has, so far, only been partially successful in encouraging lending to creditworthy borrowers on the scale originally envisaged. The Scheme, launched in early 2009, initially involved two banks. RBS eventually put £282 billion of assets into the Scheme, while Lloyds Banking Group paid £2.5 billion to exit the Scheme in November 2009 and instead raised additional capital from shareholders. The principal elements of the Scheme, particularly the first loss, were based on a robust assessment of incentives and on as complete information on the underlying assets as were available at the time. As part of the Scheme, Lloyds and RBS agreed lending targets. While both banks met targets for mortgage lending, there was a shortfall of £30 billion against targets for lending to business. Value for money in the longer term will depend heavily on incentives built into the Scheme to encourage good management of assets. Establishing a requirement for RBS to bear the first £60 billion of losses (a 'first loss') was crucial in providing the right incentive for the bank to manage its assets effectively. However, if the first loss is exceeded, RBS will have less financial incentive to avoid further losses although the bank considers it will still have a legal and moral obligation to manage the assets as best it can. The position of taxpayers would be particularly vulnerable if losses were to exceed about £73 billion
Author: Great Britain: National Audit Office Publisher: The Stationery Office ISBN: 9780102969528 Category : Political Science Languages : en Pages : 36
Book Description
Despite good progress in improving the professional capability and capacity of government finance departments since the National Audit Office last reported in 2008, good financial management is still not embedded in the civil service culture, and financial matters do not have sufficient influence over departments' strategic decision making. The NAO concludes that departments have achieved a core level of competence in financial management, but further improvement in financial management capacity and capability throughout their organisations is required to enable them to meet the challenge of delivering the savings set out in the Spending Review 2010. There has been important progress - all departments now have a professionally qualified Finance Director, supported by an increased number of qualified finance staff. The Treasury is also implementing accounting changes to bring greater transparency to government financial reporting. Whitehall's central finance functions competently capture and report the transactions and financial position of the departments. Annual accounts are delivered before the July Parliamentary recess. The number of overall overspends against the amounts approved by Parliament is low. However, departments are generally weak at monitoring their balance sheets and at forecasting cash flow in the medium term. Departments do not fully understand the costs of their activities, and it is rare for them to have good information on the unit costs of outputs, levels of productivity or the value of outcomes. Departments generally focus on monitoring against the agreed one-year budget, with a few looking as far ahead as the current spending review period of four years.
Author: Courtney C. Coile Publisher: University of Chicago Press ISBN: 022661929X Category : Business & Economics Languages : en Pages : 347
Book Description
In developed countries, men’s labor force participation at older ages has increased in recent years, reversing a decades-long pattern of decline. Participation rates for older women have also been rising. What explains these patterns, and the differences in them across countries? The answers to these questions are pivotal as countries face fiscal and retirement security challenges posed by longer life-spans. This eighth phase of the International Social Security project, which compares the social security and retirement experiences of twelve developed countries, documents trends in participation and employment and explores reasons for the rising participation rates of older workers. The chapters use a common template for analysis, which facilitates comparison of results across countries. Using within-country natural experiments and cross-country comparisons, the researchers study the impact of improving health and education, changes in the occupation mix, the retirement incentives of social security programs, and the emergence of women in the workplace, on labor markets. The findings suggest that social security reforms and other factors such as the movement of women into the labor force have played an important role in labor force participation trends.
Author: Great Britain. Parliament. House of Commons. Treasury Committee Publisher: ISBN: 9780102062014 Category : Languages : en Pages : 63
Book Description
This Treasury Committee report is an inquiry into the work of the Treasury, focusing in particular on the Treasury in Government as well on the expenditure and administration of the Treasury. Key themes in the report are: the accountability of the treasury to Parliament; recent developments in the control of public expenditure; the involvement of the Treasury in policy making; the management of Treasury staff. The report does not look at the way the Treasury manages the economy or other aspects of the Treasury's work such as its relationship with the Bank of England and the Financial Services Authority. The report acknowledges that the UK Treasury is one of the world leaders in implementing reforms such as resource accounting and budgeting, the private finance initiative and the Public Service Agreements (PSA). The Committee does not consider that the Treasury should be split into separate economics and finance ministries. Concerns are expressed that the Treasury has begun to exert too much influence over policy areas which are properly the business of other departments. The report recommends that, at the strategic level, the Treasury gives greater attention to ensuring that it gets the balance right in its co-operative workings with other departments. It is important that once expenditure priorities have been set, departments are left with the task a detailed delivery. A large number of other recommendations are made. These include: reviewing the staffing levels; clarifying the incentives and sanctions associated with the PSA system; strengthening the capacity of other departments to help the Government to set priorities and monitor the performance of departments; improving the culture and working conditions.
Author: Great Britain. Treasury
Author: Great Britain. Treasury
Author: 
Author: Mark Power
Author: Great Britain: H.M. Treasury
Author: Great Britain: H.M. Treasury
Author: Great Britain: National Audit Office
Author: Great Britain: National Audit Office
Author: Courtney C. Coile
Author: Great Britain. Parliament. House of Commons. Treasury Committee
Author: Great Britain. Treasury