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  2. A framework for managing staff costs in a period of spending reduction

    Insight Good practice guides

    Published on:

    This paper sets out a framework for effective management of staff costs in a  challenging environment of cost reduction in public services. It builds on the high level principles set out in the NAO’s short guide to structured cost reduction.

  3. The completion and sale of High Speed 1

    Report Value for money

    Published on:

    The HS1 project has delivered a high performing line, which was subsequently sold in a well-managed way. But international passenger numbers are falling far short of forecasts and the project costs exceed the value of journey time saving benefits.

  4. Lessons from PFI and other projects

    Report Value for money

    Published on:

    Lessons from the large body of experience of using PFI can be applied to improve other forms of procurement. Government should also do more to act as an ‘intelligent customer’ in the procurement and management of projects.

  6. Maintaining the financial stability of UK banks: Update on the support schemes

    Report Value for money

    Published on:

    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.

  7. Performance of PFI Construction

    Report Value for money

    Published on:

    This report examines how PFI performs to contracted timetable and to price.

  8. Financial Management Maturity Model

    Insight Good practice guides

    Published on:

    Good financial management is at the core of good management in government. It supports decision making and the effective running of organisations.

  9. 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 […]

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

    Report Value for money

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    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 […]

  11. 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.

  12. 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.

  14. A review of collaborative procurement across the public sector

    Report Value for money

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    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.

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

    Report Value for money

    Published on:

    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.

  17. 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.

  18. 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 […]