The Higher Education Funding Council has taken a cost-efficient approach and has delivered value for money in the context in which it has operated to date. However, the sector is facing a period of transition to a very different financial environment.
Despite good progress in improving the professional capability and capacity of government finance departments, good financial management is still not embedded in the civil service culture, and financial matters do not have sufficient influence over departments’ strategic decision making.
The cost of each Typhoon aircraft has risen by 75 per cent. While Typhoon performs some defence tasks now, it won’t take on all roles until 2018.
More could be done to manage the risk of a reduction in the value of EU funds to the UK in the event of a depreciation in the euro.
This review looks at how government uses Information and Communications Technology (ICT) to deliver public services. The review, the purpose of which is to inform the debate about government’s new use of ICT, gives an overview of existing uses, as well as initiatives and changes underway.
The Better Regulation Executive and government departments are not yet in a position to achieve value for money in their management of regulation. However, they have developed important elements of a structured approach to achieving sustainable reductions in regulatory costs and have delivered significant benefits.
The preparations for the 2012 Olympic and Paralympic Games are going well overall and, despite time pressures, the Olympic Delivery Authority remains on course to deliver its construction programme.
NHS hospitals often pay more than they need to when buying basic supplies. A combination of inadequate information and fragmented purchasing means that NHS hospitals’ procurement of consumables is poor value for money.
The BBC’s approach to the early stages of its Digital Media Initiative (DMI) was disappointing and did not achieve value for money. However, since taking the Programme back in house, delivery of the system has progressed well, with users responding positively.
DWP does not yet have enough evidence to demonstrate that its activities to reduce the cost of mistakes by customers have been value for money. Although mistakes are difficult to detect, correct and prevent, the scale of overpayments and underpayments demonstrates a clear need for improvement.
Review of the new arrangements for the NHS proposed in the Health White Paper.
Amyas Morse, Comptroller and Auditor General, has qualified his audit opinion on the 2008-09 Consolidated Statement on the use of EU Funds in the UK.
The Treasury’s Asset Protection Scheme to protect over £280 billion of Royal Bank of Scotland’s financial assets against losses had a beneficial impact on financial markets. But the Scheme has, so far, only been partially successful in encouraging lending to creditworthy borrowers on the scale originally envisaged.
Hospital productivity has fallen over the last ten years. There have been significant increases in funding and hospitals have used this to deliver against national priorities, but they need to provide more leadership, management and clinical engagement to optimise the use of additional resources and deliver value for money.
HMRC’s civil investigations directorates, which examine serious cases of suspected tax evasion, have generated increasing returns from their work, while reducing resources. However, there is scope for them to achieve more.
The scale of the support currently provided to UK banks has fallen from a peak of £955 billion to £512 billion, but the amount of cash currently borrowed by the Government to support banks has risen by £7 billion since December 2009. It is likely the taxpayer will be providing support for years to come.
The Comptroller and Auditor General has limited the scope of his audit opinion on the regularity of expenditure in the 2009-10 House of Commons Members Resource Accounts.
Recent improvements to the youth justice system have contributed to reductions in recorded youth crime. However, young offenders who receive more serious community or custodial sentences remain as likely to reoffend as they were ten years ago when the youth justice system was brought in.
Changes made in 2007-08 to public service pension schemes are on course to deliver savings and stabilise pension costs. However the value for money of the changes cannot be demonstrated in the absence of a strategic assessment of their long term impact on staff motivation and retention.
The Chancellor has requested that the C&AG undertake an examination with following scope: To consider whether key economic and fiscal assumptions underpinning the Office for Budget Responsibility’s forecasts were independently arrived at.