The Ministry of Defence (the Department) has committed itself to annual rental bills of nearly £200 million and lost out on billions of pounds of asset value as a result of selling and leasing back the majority of its married quarters estate to Annington Property Limited in 1996 because of the subsequent steep increase in house prices and rents.
In this publication we set out how DIT is preparing to deliver an effective exit from the EU.
25 January 2018
The National Audit Office (NAO) and University of Birmingham have announced the establishment of the National Audit Office–University of Birmingham Tax Centre – a collaboration to inform improvements in the administration of the tax system. The NAO-University of Birmingham Tax Centre will bring together both practical and academic expertise using economic, financial and legal evidence, … Read more
Additional funding, aimed to help the NHS get on a financially sustainable footing, has instead been spent on coping with existing pressures.
A briefing on the rationale, costs and benefits of the Private Finance Initiative; the use of and impact of PFI, and ability to make savings from operational contracts; and the introduction of PF2. There are currently over 700 operational PFI and PF2 deals, with a capital value of around £60 billion and annual charges for these deals amounted to £10.3 billion in 2016-17. Even if no new deals are entered into, future charges which continue until the 2040s amount to £199 billion.
18 January 2018
Government efforts to improve the quality and take-up of science, technology, engineering and mathematics (STEM) skills have yielded some positive results but there remains an urgent need for departments to set out a shared view of what they are trying to achieve and a co-ordinated plan for achieving it.
Amyas Morse, Comptroller and Auditor General has qualified his audit opinions on the National College for Teaching and Leadership’s (NCTL) 2016-17 Accounts due to a limitation in the scope of his audit of the regularity of the NCTL’s grant expenditure.
11 January 2018
This examines the causes of poor performance on the Thameslink, Southern and Great Northern network since the franchise began in September 2014, the effects on passenger services, financial outcomes for the operator and the Department, and the Department’s handling of the Thameslink, Southern and Great Northern franchise.
Implementing the UK’s Exit from the European Union: The Department for Environment, Food & Rural Affairs
The report focuses on how the Department for Environment, Food & Rural Affairs is preparing to exit from the EU. It is part of a series of NAO briefings on the key bodies in the centre of government and the major spending departments that have to deliver Exit programmes.
20 December 2017
An investigation into why and how the Ministry of Justice adjusted Community Rehabilitation Companies’ (CRCs) contracts; and the financial and other implications of the adjustments to the CRCs’ contracts.
19 December 2017