Andrew Smith, chief secretary to the Treasury, told departments they will need to consider and reflect sustainable development issues in their spending plans, the first time such requirements have been imposed.
Smith said: ‘All departments have a contribution to make to sustainable development and this should be reflected in their spending review proposals, targets and investment strategies.’
Departments will be required to submit a sustainable development report, a summary outlining how their priorities have been influenced by sustainability, and how public service agreement targets relate to the issue.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements