FP News

Burundi officials told to pay for elections

Burundi’s civil servants have been told to contribute a proportion of their salaries to a fund established to pay for the country’s 2020 general elections, after international donors halted aid […]

Ombudsman calls for ECB chief to quit global bankers’ club

The EU ombudsman has called on the president of the European Central Bank to stop taking part in the ‘Group of Thirty’ – a global alliance of banking leaders working […]

New Zealand agencies rapped for CEO pay hikes

Three quangos have been rapped by New Zealand’s public sector pay commissioner for giving their chief executives bigger salary hikes than he advised. The Guardians of NZ Superannuation, the Accident […]

Ireland plugs pensions gap for public servants

The mandatory retirement age for thousands of public servants in the Republic of Ireland is set to rise from 65 to 70 – addressing an anomaly under which officials are required […]

EU publishes its first tax haven blacklist

The European Union has published its first blacklist of tax havens, naming 17 jurisdictions including Panama, South Korea and the United Arab Emirates. The list, which was agreed at a […]

Westminster to set Northern Ireland budget as local parties remain deadlocked

The British government is drawing up a budget for Northern Ireland, after the province’s two main parties failed to agree a power-sharing deal before the expiry of a deadline set […]

EU launches inquiry into UK offshore tax scheme

The European Commission has launched an investigation into whether a British scheme that exempts multinational corporations from some tax avoidance rules breaks EU competition law. The probe will focus on […]

Former UK Treasury chief urges honesty on Brexit

The UK government is failing to explain the realities of Brexit negotiations to the public, the former permanent secretary to the UK Treasury has warned. Lord Macpherson, who was the […]

Treasury’s chief economist moves to Bank of England

The British government’s chief economic adviser is moving to the Bank of England to serve on its top executive team as the central bank steers the UK’s financial system through […]

Scotland to end 1% public sector pay cap

The Scottish government has pledged to scrap the one per cent public sector pay cap, which has applied across the UK since 2010, in its 2018-19 budget. Finance secretary Derek […]