Posts tagged: "Managing debt"
Posted on May 31, 2016 by Nick Bateson
An income of £659 billion. Spending of £734 billion. Liabilities over £2 trillion. A £152 billion deficit. The Whole of Government Accounts (WGA) is the truly big picture of government finances: the net financial position of 6,000 public organisations – the entire public sector. There is no more complete record of what the government spends, receives, owns and owes. Dig into the details and you can uncover crucial indications of the long-term financial health of the country. more… Summing the parts of the whole (of government accounts)
Posted on December 14, 2015 by Amyas Morse
In my discussions with the organisations we audit, and in their formal feedback to us, they tell us how much they value the knowledge and insight the NAO can share from our work across government. They want to see the good practice, hear the lessons, and discover opportunities to learn from others and reduce duplication. As Head of the NAO, I’m delighted to respond to this request by launching this ‘NAO blog’ and the associated new ‘Topics’ pages on our website. They are among a number of ways we are investing in doing more to share with and help public bodies.