Treasury Staff To Be Cut

Treasury Staff To Be Cut

The Treasury is planning to cut staff numbers by a quarter as the Chancellor George Osborne seeks to roll back his department in line with sweeping cuts across the board.

He wants to reduce Treasury staff members from 1350 to 1000 within the next four years.

The Treasury will also scale back the financial services function amidst the belief that the crisis management period is over in the banking crisis.

‘We are going to focus on our core responsibilities as an economics and finance ministry’ said a Treasury spokesman. ‘That means a focus in more spending control and macro analysis.’

Mr Osborne also wants to speed up the comprehensive spending review, which is seeking cuts of 25 to 40 percent for most departments.

Treasury staff will be asked to sit at smaller desks which will be closer together in order to squeeze more civil servants into a smaller space.

Ricky Steedman

Ricky worked as an Investigator in the Inland Revenue for over 20 years before founding Steedman & Company in 1987, giving him the experience and knowledge that enabled him to help so many clients over the years.

His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m which sealed his status as one of the most highly respected tax consultants to ever work in Scotland.

Ricky led all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.

Ricky passed away suddenly and unexpectedly in June 2022 after leaving his indelible mark on the company he founded and headed for over 35 years.