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Finance & Procurement

Always in the front line: the impossible demands of crisis response

Since 2008, governments have protected businesses through crisis after crisis, stepping in to safeguard people’s livelihoods and national economies. At the Global Government Finance Summit, Adam Branson heard finance leaders […]

Fixing governments’ broken financial systems

Many finance departments have rescued their economies from major crises twice since 2008, but do they have the tools and assets to do so a third time? At the Global […]

Harnessing fintech in governments’ fight against financial fraud

Cases of financial fraud skyrocketed worldwide during the COVID-19 pandemic. At a Global Government Fintech webinar, panellists discussed the merits of government use of fintech solutions – including artificial intelligence […]

UK chancellor announces largest departmental spend increase ‘this century’

Spending by UK government departments is to grow by £150bn (US$206bn) over the period to 2024-25. UK chancellor Rishi Sunak announced the increase in his Budget and Spending Review today, […]

Resilience, stocks and supplies: public procurement during the pandemic

When COVID hit, governments had to address a series of colossal procurement challenges – sourcing the services and goods required to keep people safe as global supply lines failed. At […]

UK government must improve commercial transparency and market knowledge, watchdog says

The UK government’s “established processes” for commercial contracts lacked resilience under the pressure of the COVID-19 pandemic and it must improve transparency and its understanding of markets, the independent public […]

UK’s green recovery plan lacks ambition and co-ordination, think tank warns

The UK government is lagging behind other countries in its green post-COVID recovery plans, according to a London-based think-tank. The government’s ambition for a green recovery is “modest” compared with […]

OECD tax deal set to hike receipts from digital giants and corporations

Some 131 OECD member countries have agreed a landmark deal to reform international taxation, which includes setting a minimum global corporation tax. The agreement, which was signed last week, aims […]

Pandemic set to boost productivity, says Bank of England chief economist

Leaving the Bank of England after seven years in the chief economist’s job, Andy Haldane painted an upbeat picture of the economic outlook as the pandemic eases: the UK has […]

Gilding the ‘golden records’: finding a single source of truth in government

To build services around users’ needs, departments need a common frame of reference and ways to reconcile conflicting information. At a recent GGF webinar, experts from governments, the OECD and […]