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  1. Financial management in government

    Report Value for money

    Published on:

    Stronger financial management will be needed in departments if they are to speed up the restructuring of service delivery.

  2. The first sale of shares in Lloyds Banking Group

    Report Value for money

    Published on:

    The Government’s first sale of shares in Lloyds Banking Group was managed very effectively by United Kingdom Financial Investments Limited.

  3. Infrastructure investment: the impact on consumer bills

    Report Value for money

    Published on:

    Large-scale infrastructure spending by the private sector over ten years or more will increase consumer utility bills but government and regulators do not know by how much or whether the bills will be affordable.

  4. Assurance of reported savings at Sellafield

    Report Value for money

    Published on:

    The Nuclear Decommissioning Authority’s systems for recording and challenging claimed savings at Sellafield give moderate assurance of reported overall savings since 2009-10.

  5. General Practice Extraction Service – Investigation

    Report Value for money

    Published on:

    Mistakes in the original procurement and contract management of an IT system, designed to extract data from GP practices, contributed to losses of public funds, through asset write-offs and settlements with suppliers.

  6. E-borders and successor programmes

    Report Value for money

    Published on:

    The Home Office spent at least £830 million between 2003 and 2015 on the e-borders programme and its successors, but has failed, so far, to deliver the full vision. We cannot, therefore view e-borders as having delivered value for money.

  7. The Privatisation of Royal Mail

    Report Value for money

    Published on:

    The Department was successful in floating Royal Mail. But its approach was marked by deep caution, the price of which was borne by the taxpayer.

  8. Oversight of three PFI waste projects

    Report Value for money

    Published on:

    All three projects examined by the NAO have experienced significant delays stemming from a range of problems.

  11. Funding healthcare: Making allocations to local areas

    Report Value for money

    Published on:

    There is wide variation in the extent to which £79 billion in central funding allocated to local health bodies differs from target allocations that are based on relative need.

    • This is NAO’s first report on funding since the 2013 health reforms took effect. Where possible comparisons have been made with funding under the previous system set out in a 2011 NAO report.

  12. 4G radio spectrum auction: lessons learned

    Report Value for money

    Published on:

    In its sale of the 4G radio spectrum the Office of Communications (Ofcom) achieved its objective of maintaining a competitive market with a number of competing providers.

  13. Children in care

    Report Value for money

    Published on:

    The Department for Education is not meeting its objectives to improve the quality of care and the stability of placements for children in care.

  16. Thames Tideway Tunnel: early review of potential risks to value for money

    Report Value for money

    Published on:

    The Thames Tideway Tunnel is a planned project to build a large sewer running under the River Thames. It is the Government’s preferred solution to the problem of spills from London’s sewers into the tidal part of the Thames. In response to correspondence, we explain the roles of the different parties, identify potential risks to value for money and set out what we expect good project management to look like. To avoid influencing the outcome of ongoing competitions for the construction and financing of the project, we do not evaluate the value for money of the project and the issues raised do not imply any audit judgement about its performance.

  17. Army 2020

    Report Value for money

    Published on:

    The MOD decision to reduce the size of the regular Army and increase the number of trained Army reserves was taken without appropriate testing of feasibility or evaluation of risk.

  20. The Work Programme

    Report Value for money

    Published on:

    After a poor start, the performance of the Work Programme is at similar levels to previous programmes but is less than original forecast. The Department has struggled to improve outcomes for harder-to-help groups. The Programme has the potential to offer value for money if it can achieve the higher rates of performance the Department now expects.