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  2. The Sale of Part of the UK Gold Reserves

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    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the Treasury had successfully met its objective to sell part of the UK’s gold reserves in a transparent and fair manner while achieving value for money. He also said that the Treasury’s agents, the Bank of England, had kept the gold […]

  4. United Kingdom Passport Agency: The passport delays of Summer 1999

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    Delays in issuing passports earlier this year led to much anxiety and inconvenience for members of the public hoping to travel. By June, the Passport Agency had around 565,000 applications awaiting processing. Sir John Bourn, head of the National Audit Office, reported to Parliament today on the delays at the Agency during Summer 1999. Several […]

  5. Driving the Successful Delivery of Major Defence Projects: Effective Project Control

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    Overview The National Audit Office published today its “gold standard” for project control of major defence projects. This aims to help the MoD improve its performance in delivering projects on time and to budget. It forms part of a second in a suite of studies exploring key project success factors and how the MoD and […]

  6. Sustainability and transformation in the NHS

    Press release

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    Additional funding, aimed to help the NHS get on a financially sustainable footing, has instead been spent on coping with existing pressures.

  9. Managing the Defence Estate

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    Sir John Bourn, head of the National Audit Office, reported today that the Ministry of Defence is successfully introducing new management and contractual arrangements to deliver a better quality estate and has embarked on a major programme of estate rationalisation. However, more needs to be done to ensure that the benefits of these changes are […]

  12. Network Rail’s sale of railway arches

    Press release

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    This report examines the value for money of Network Rail’s sale of a major part of its commercial real estate portfolio.

  13. English Partnerships – Regeneration of the Millennium Dome and Associated Land

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    The second attempt to find a worthwhile use for the Millennium Dome and associated land on the Greenwich Peninsula avoided many of the problems of the earlier abortive sale competition. It has led to a deal which looks capable of meeting government’s objectives as the Peninsula is developed over the next two decades, Sir John […]

  14. Managing the relationship to secure a successful partnership in PFI projects

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    Most (81%) public bodies involved in PFI projects believe that they are achieving satisfactory or better value for money from their PFI contracts according to a National Audit Office report presented to Parliament today, based on the first ever major survey of central government PFI projects in progress. There was generally positive feedback from service […]

  16. Improving Procurement: Progress by the Office of Government Commerce in improving departments capability to procure cost

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    Sir John Bourn, head of the National Audit Office, reported today that the Office of Government Commerce (OGC) has had a positive impact in improving departments procurement of goods and services but that there are several key areas for improvement. The NAO report confirms that by 31 March 2003 departments had generated savings of 1.6 […]

  17. Pressures on children’s social care

    Press release

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    This report covers recent trends in pressures on children’s social care demand and activity and national and local government’s response.

  19. PFI and PF2

    Press release

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    A briefing on the rationale, costs and benefits of the Private Finance Initiative; the use of and impact of PFI, and ability to make savings from operational contracts; and the introduction of PF2. There are currently over 700 operational PFI and PF2 deals, with a capital value of around £60 billion and annual charges for these deals amounted to £10.3 billion in 2016-17. Even if no new deals are entered into, future charges which continue until the 2040s amount to £199 billion.

    18 January 2018

  20. VisitBritain: Bringing visitors to Britain

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    Sir John Bourn, Head of the National Audit Office, reported to Parliament today that VisitBritain’s overseas marketing activities are well planned and executed, and that they achieve high returns. However his report called on VisitBritain to adjust the balance of its activities further in favour of brand building work in emerging markets. VisitBritain’s main performance […]