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Treasury

Place in which valuables, currency, or property is kept, or the government dept. in charge of it

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Treasury: Place in which valuables, currency, or property is kept, or the government dept. in charge of it
A treasury is either
  • A government department related to finance and taxation, a finance ministry; in a business context, corporate treasury.
  • A place or location where treasure, such as currency or precious items are kept. These can be state or royal property, church treasure or in private ownership.


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The Casablanca chancellor has boxed herself in on filling the black hole in public finances

the casablanca chancellor has boxed herself in on filling the black hole in public finances
Rachel Reeves will echo one of the great cameos in cinema history on Monday, when she updates Parliament on the findings of a Treasury audit of the public finances.
Sky News - Published

Treasury warns of economic fallout as demands grow to ditch two-child benefit cap

treasury warns of economic fallout as demands grow to ditch two-child benefit cap
Unfunded spending commitments crash the economy, a Treasury minister has warned, as he defended keeping the two-child benefit cap in what is shaping up to be the first big test of the Labour..
Sky News - Published

Military insiders and Tory MPs dismayed by budget's neglect of defence spending

The defence secretary has warned that the UK is in a "pre-war world", friends and foes are ramping up defence spending, yet the Treasury had nothing new for Britain's armed forces.
Sky News - Published

MPs call for Fujitsu contracts to be public after boss admitted staff knew of bugs in Horizon IT system

MPs have demanded that the Treasury and other public sector organisations reveal the details of any contracts awarded to Fujitsu since 2019 as the firm continues to come under fire for its role in the..
Sky News - Published

Pre-planned strategy from Treasury benches: Priyanka Chaturvedi on suspension of MPs

Hitting out at the ruling BJP, the Shiv Sena leader alleged that the Treasury benches have decided that whoever seeks a discussion from the home minister is effectively suspended. "The only pre-planned..
IndiaTimes - Published

Could a February budget give the government more wiggle room?

Today's news that Britain's economy unexpectedly shrank by 0.3% in the month of October will send a shiver down the spine of, not only the Treasury, but Number 10 too.
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Government, opposition claim credit for survey

A discussion on caste survey report tabled in Bihar assembly on Tuesday turned into a sparring session between the Treasury and the opposition with both claiming credit for the exercise. Tabling the..
IndiaTimes - Published

Banks face Treasury clampdown in Farage account closure row

Banks will be forced to give customers three months' notice of account closures and to provide a full explanation of the reasons under reforms that could be unveiled in the coming days.
Sky News - Published

Conservatives 'consider scrapping inheritance tax to win over voters' - costing Treasury £7bn a year

Senior Conservatives are said to be discussing abolishing inheritance tax - at an annual cost of £7billion to the Treasury - in a bid to win over voters ahead of the next election.
Sky News - Published

Janet Yellen to travel to India for G20 finance meeting

Yellen, who returned to Washington on Sunday after a visit to China, will use the G20 meetings to continue pushing for reforms at the multilateral development banks and for moves to accelerate sluggish..
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Queen Elizabeth II's funeral and period of national mourning cost £162m

The funeral of Queen Elizabeth II and the subsequent period of mourning cost the UK government a total of £162m, according to the Treasury.
Sky News - Published

Electric vehicle transition 'cannot continue' without Treasury aid, logistics sector warns

electric vehicle transition 'cannot continue' without treasury aid, logistics sector warns
The transition to electric vehicles "cannot continue" without government aid on costs, according to the lobby group for the logistics sector.
Sky News - Published

Silicon Valley Bank collapse 'does not have implications' for other UK banks

silicon valley bank collapse 'does not have implications' for other uk banks
The collapse of the UK branch of Silicon Valley Bank (SVB) is being mitigated by the Treasury and Bank of England, according to the Treasury.
Sky News - Published

Treasury signals no new money for defence despite recognising need to rearm, defence sources say

treasury signals no new money for defence despite recognising need to rearm, defence sources say
The Treasury has signalled there is no new money for defence despite recognising the urgent need to rearm in the wake of Russia's war in Ukraine, defence sources have said.
Sky News - Published

Kwarteng was warned mini-budget could cause market chaos, Treasury officials say

kwarteng was warned mini-budget could cause market chaos, treasury officials say
Kwasi Kwarteng brushed aside warnings his disastrous mini-budget could trigger a backlash on the financial markets, Treasury officials have told MPs.
Sky News - Published

Bank of England 'engaging' with Treasury ahead of chancellor's statement

bank of england 'engaging' with treasury ahead of chancellor's statement
The Bank of England's deputy governor has said it is "engaging" with the Treasury over the fiscal event expected on 31 October.
Sky News - Published

Fixed discount on energy bills for businesses being considered by Treasury

The government is considering introducing a fixed discount for businesses on the amount they are charged per kilowatt hour for energy as part of its plans to tackle soaring prices, reports suggest.
Sky News - Published

Britons cannot expect pay rises to keep up with cost of living, Treasury warns

britons cannot expect pay rises to keep up with cost of living, treasury warns
Britons cannot expect pay rises to keep up with the soaring cost of living, the government has warned.
Sky News - Published

PM hints at cost of living announcement - but Treasury rules out emergency budget

pm hints at cost of living announcement - but treasury rules out emergency budget
Boris Johnson has hinted at an announcement about addressing the cost of living crisis in coming days - but the Treasury swiftly denied there would be an emergency budget.
Sky News - Published

Plan to tackle NHS backlog 'delayed at last minute' by Treasury - reports

A long-awaited plan to tackle the NHS backlog has been put on hold after the Treasury reportedly blocked a government announcement due to be made today.
Sky News - Published