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  1. Regulating Network Rail’s efficiency

    Report Value for money

    Published on:

    Limitations in Network Rail’s cost information has hampered the ability of the Office of Rail Regulation to assess efficiency savings.

  2. Venture capital support to small businesses

    Report Value for money

    Published on:

    Venture capital funds injected by government into young companies can provide benefit to them, allowing them to raise finance not available through conventional means and to grow. But so far the funds have not been managed as a programme and lack a robust framework of objectives to measure performance, according to a report published by […]

  3. Maintaining financial stability across the United Kingdom’s banking system

    Report Value for money

    Published on:

    The National Audit Office has concluded that the public support provided to UK banks by the Treasury was justified, given the scale of the economic and social costs if one or more major banks had collapsed. In providing that support, moreover, the Treasury met two of the government’s principal objectives: protecting depositors’ money in banks and […]

  5. PFI in housing

    Report Value for money

    Published on:

    The use of PFI by local authorities to improve housing, usually in areas with a high need for housing and where stock condition is particularly poor, has had a measure of success. However, risks to value for money of the programme have not been managed.

  7. A review of collaborative procurement across the public sector

    Report Value for money

    Published on:

    The National Audit Office and the Audit Commission have today called for public bodies to work together much more effectively than they currently do to maximise savings from procurement activities.

  9. Business, Innovation and Skills: Helping over-indebted consumers

    Report Value for money

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    The Department for Business, Innovation and Skills’ (BIS’s) free face-to-face advice for people struggling with debt has helped more people than planned, at slightly less than the planned cost per person, and is highly regarded by those that use it. However, demand is now outstripping capacity.

  11. Financial relationships with third sector organisations: A Decision Support Tool

    Insight Good practice guides

    Published on:

    The Decision Support Tool for public bodies in England provides practical support to officials who are involved in making, or advising on, ‘real-life’ decisions about the design of appropriate funding relationships with third sector organisations.  It takes into account such issues as programme objectives, funding channels, duration of award, full cost recovery, EU state aid […]

  12. Private Finance Recommendations Database

    Report

    Published on:

    Reports produced by the House of Commons’ Committee of Public Accounts (the PAC) following hearings based on our PFI and PPP investigations include nearly 1000 recommendations.

    We have collected these recommendations and the related Treasury responses into a PFI and PPP/Privatisation Recommendations database last updated: 19/06/2009.

  14. BBC savings and reform

    Press release

    Published on:

    This report examines the BBC’s progress in delivering its savings and reform programme.

  16. Building the capacity of the Third Sector

    Report Value for money

    Published on:

    A National Audit Office report has concluded that two programmes aimed at building capacity in the third sector have had a positive impact on frontline third sector organisations but have not yet demonstrated value for money. Both have suffered from administrative weaknesses and a lack of initial targets against which the effectiveness of the programmes […]

  17. Efficiency in government

    Press release

    Published on:

    This report identifies key issues government will need to consider when attempting to increase its efficiency.

  18. Review of the UK’s Competition Landscape

    Report Value for money

    Published on:

    A National Audit Office review of the regime for overseeing markets and enforcing competition law in the UK has found that it is generally effective and well regarded by comparison with international equivalents. However, the NAO has found that the competition system as a whole must still address a number of challenges to function as […]

  19. HM Treasury: The nationalisation of Northern Rock

    Report Value for money

    Published on:

    The NAO has reported that the nationalisation of Northern Rock in early 2008 offered the best prospect of protecting the taxpayers’ interests and was based on a sufficiently robust analysis of the options available. However, the Treasury was stretched to deal with a crisis of this nature and there were lessons to be learned. In […]

  20. The BBC’s management of three major estate projects

    Report Value for money

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    The BBC Trust has today published an independent report prepared by the National Audit Office (NAO) on the BBC’s management of three major estates projects. These were the refurbishment and redevelopment of Broadcasting House in London, the construction of Pacific Quay in Glasgow and the Corporation’s forthcoming move to Salford Quays.