Sir John Bourn, head of the National Audit Office, today reported to Parliament that he has qualified his opinions on the above accounts because the Fire Service College could not produce reliable costing information that would confirm whether it had set its fees and charges in accordance with the Treasury Minute which defined the College’s financial objectives.
By setting up an Infrastructure Financing Unit, Treasury helped reactivate the lending market for private finance projects. While the costs for projects in 2009 represented value for money, Treasury should not presume that continuing the use of private finance at current rates will be value for money.
The Programme launch has been successful, however key risks remain such as the planned delivery of new homes towards the end of the programme period.
This report examines the financial sustainability of mainstream schools in England.
The government’s approach to managing the risks to schools’ financial sustainability cannot be judged to be effective or providing value for money until more progress is made.
This report examines the Home Office’s progress in managing a clear assurance and oversight system for police forces’ financial sustainability.
Police forces have successfully reduced costs since 2011, but do not have a clear understanding of the demands placed upon them or of the factors that affect their costs.
Local authorities have kept up levels of capital spending but face pressure to meet debt costs and maintain investment in existing assets.
Data visualisation describing changes in English local authorities’ financial circumstances over the last decade.
Our interactive data visualisation gives you a greater insight into the challenges faced by local authorities.
This report reviews developments in the sector and examines whether the Department, along with other departments with responsibility for local services, understands the impact of funding reductions on the financial and service sustainability of local authorities.
Local authorities have worked hard to manage reductions in government funding, but the DCLG needs to be better informed about the situation across England.
The NAO examines central government’s approach to the funding of local authorities as they deal with reduced funding without reducing services.
Fire and rescue authorities have managed funding reductions well. The Department for Communities and Local Government should, however, seek greater assurance that authorities are maintaining service standards and delivering value for money locally
This report focuses on the financial sustainability of further education and sixth-form colleges.
Amyas Morse, head of the National Audit Office, has today qualified the accounts of the Youth Justice Board (YJB).
This guide is designed to provide a quick and accessible overview of the financial services regulation, redress and advice bodies, using our published work. It covers:
• The responsibilities 5 financial services regulation, redress and advice bodies and how they spend their money
• Interaction and cooperation between the 5 bodies
• Our recent findings and future challenges for the 5 bodies
• Case studies on the impact of payment protection insurance mis-selling on the Financial Ombudsman Service and the financial crisis on the Financial Services Compensation Scheme
Our report looks at how the Financial Conduct Authority is responding to changes in its regulatory powers and wider developments in the financial services sector.