As the UK government stares into a £22 Billion deficit black hole, and we all share the doom and gloom of potential tax rises in the autumn budget, there has at least been some positive news in the run-up to the 30th of October, and it should not be understated.
The end of the 2023 Fiscal Year (FY2023) is upon us. As Congress looks to create budgets for next year, government entities need to be wary of their spending habits and plan ahead to optimize spending of entrusted budgetary dollars to ensure dollars are spent on the highest priority items.
The NHS digitisation initiative, forecast to deliver £29.8 billion in benefits, has been moved from amber to red on the traffic-light system used by the IPA as trusts struggle to keep up.
What must governments do to transition to the cashless economy? Policymakers need to address issues by protecting access to cash and to the financial system.
The Spring Budget reported positively on the economic context, with projected trends on inflation, economic growth and debt all going in the right direction.
With a widening skills gap, ever-shrinking budgets and the Great Resignation in full swing, there are many challenges for the public sector to overcome in the coming months.
