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Government pays out £62m to cover fraudulent loans, officials reveal

Banks have found that £850 million was borrowed by fraudsters from a Government-backed loan scheme that was launched during the pandemic. The British Business Bank said that while estimates of fraud range into the billions, the lenders administering ...

27 Apr 2022 at 17:55

City

MPs call for probe into leaking of ‘market-sensitive’ information before Budget

Politicians on an influential committee have accused the Government of leaking market-sensitive information in the run-up to the last Budget. MPs on the Treasury Select Committee criticised leaks of details about hikes to the National Living Wage, ...

27 Jan 2022 at 01:25

Chancellor ‘had the right’ to sack top civil servant, says ex-Treasury minister

The former chief secretary to the Treasury and a key Liz Truss ally has said he never had a problem with a top Whitehall mandarin sacked by the new Government. Simon Clarke, the current Levelling Up Secretary, told ITV’s Peston programme that he ...

21 Sept 2022 at 22:16

Liz Truss ‘hugely honoured’ one of Queen’s last acts was asking her to become PM

Liz Truss has described feeling “hugely honoured” that one of the Queen’s “last acts” was formally asking her to become Prime Minister. She praised the “huge outpouring of love and affection” for the late monarch and recognised the “huge amount ...

20 Sept 2022 at 07:00

Top civil servant Sir Tom Scholar’s sacking cost Treasury £457,000

The controversial sacking of top Treasury civil servant Sir Tom Scholar cost the Government £457,000 in severance and other payments. Sir Tom was dismissed as the Treasury’s permanent secretary in September 2022, just as Kwasi Kwarteng took ...

20 Jul 2023 at 13:27

Ministers given £455,000 in severance payments after year of political turmoil

The raft of resignations and sackings during last year’s political upheaval saw ministers paid more than £400,000 in severance packages. Figures released by Government departments show a total of £455,392 was paid out to former ministers, ...

20 Jul 2023 at 15:49

Special advisers got £2.9m in severance payments amid political upheaval

Severance payments to ministers’ special advisers reached nearly £3 million over the last year amid political upheaval in Westminster, with ministers also paid more than £400,000 after job exits. The last year saw a raft of resignations ...

20 Jul 2023 at 18:18

Sacking of Treasury official ‘retrograde and worrying’, says ex-Whitehall chief

The sacking of the top Treasury official by Liz Truss’s Government has been condemned as “pretty disgraceful”, “retrograde and worrying” by a former head of the civil service. Ex-Whitehall chief and independent crossbencher Lord ...

14 Sept 2022 at 23:21

Understanding of Civil Service impartiality has ‘corroded’, says former mandarin

Understanding of Civil Service impartiality has “corroded” over the years with some ministers regarding “uncomfortable advice” as obstruction, peers have heard. A panel of former senior civil servants warned the Lords ...

26 Apr 2023 at 13:43

Knighthoods for MPs who caused trouble for Johnson

Two senior MPs who proved to be thorns in the side of Boris Johnson have been recognised in the first New Year Honours list to be published since the former prime minister left No 10. Conservative Julian Lewis, ...

31 Dec 2022 at 08:19

Senior Treasury official Sir Tom Scholar leaves post after six years

The top civil servant in the Treasury has left his post after six years, citing the new Chancellor’s preference for fresh leadership. Sir Tom Scholar, who has worked in the Civil Service for three decades, ...

08 Sept 2022 at 19:46

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