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  1. The sale of student loans

    Press release

    Published on:

    This report considers the value for money of the sale of student loans that entered repayment between 2002 & 2006.

  2. The Radiocommunications Agency’s Joint Venture With CMG

    Report Value for money

    Published on:

    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the Radiocommunications Agency* has successfully entered into a partnership with CMG plc**, a global Information and Communications Technology group, which could result in significant financial savings. In June 1998 the Agency and CMG plc established a joint venture company, Radio Spectrum […]

  3. Department of the Environment, Transport and the Regions: The Channel Tunnel Rail Link

    Report Value for money

    Published on:

    Sir John Bourn, Head of the National Audit Office, told Parliament today that although the Private Finance Initiative deal for the construction of the Channel Tunnel Rail Link was in many respects unique, the lessons to be learned from the project’s near collapse are not. The report makes three key points. In negotiating with the […]

  5. Innovation in PFI Financing: The Treasury Building Project

    Report Value for money

    Published on:

    Sir John Bourn, Head of the National Audit Office, told Parliament today that the funding competition used to finance the refurbishment of the Treasury building in Whitehall saved the taxpayer £13 million. The competition resulted in savings of 7% of the cost of the deal over the lifetime of the project and assisted greatly in […]

  6. Ministry of Defence: Non-Competitive Procurement in the Ministry of Defence

    Report Value for money

    Published on:

    Competition helps provide value for money and the Ministry of Defence (MOD) uses non-competitive procurement only where there are compelling reasons. It may not always be practicable or sensible to use competitive procurement, however, and over the last five years one quarter of the annual £9 billion defence equipment and services budget has been spent […]

  7. Department of Education and Skills – Connexions Service for all Young People

    Report Value for money

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    Head of the National Audit Office Sir John Bourn today reported on the Connexions Service, concluding that it is a radical change in the delivery of advice and guidance to young people and is on target to meeting its major objective of reducing the proportion of 16- to 18-year olds not in education, employment or […]

  9. The Financial Analysis for the London Underground Public Private Partnerships 

    Report Value for money

    Published on:

    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the financial analysis* carried out for the London Underground Public Private Partnerships cannot, on its own, be expected to show clearly which public or private sector option for managing and funding the Tube will provide better value for money. Sir John […]

  10. The English National Stadium Project at Wembley

    Report Value for money

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    The Department for Culture, Media and Sport’s decision to provide additional public funding for the English national stadium project at Wembley is an example of well managed risk taking, Sir John Bourn, Head of the National Audit Office said today. The Department, working closely with Sport England, has thoroughly reviewed the project and taken appropriate […]

  11. The Green Investment Bank

    Press release

    Published on:

    This examines whether the Department for Business, Energy & Industrial Strategy has achieved the objectives of the UK Green Investment Bank intervention, and whether UK Government Investments has achieved value for money in the subsequent sale of the Bank.

  12. The Operational Performance of PFI Prisons

    Report Value for money

    Published on:

    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the seven operational PFI prisons are bringing benefits to the Prison Service. One of the key benefits is that the existence of PFI prisons has encouraged the public sector to improve its performance. For instance, Prison Service management teams have recently […]

  13. Investigation into the government’s handling of the collapse of Carillion

    Press release

    Published on:

    On 15 January 2018, Carillion declared insolvency and the Official Receiver, an employee of the Insolvency Service, started to liquidate its assets and contracts. This report focuses on the role of the UK government in preparing for and managing the liquidation of Carillion.

  16. Homelessness

    Press release

    Published on:

    Homelessness has increased across all measures since 2010, with many local authorities now seeing it as a risk to their financial sustainability.

  18. Ofsted’s inspection of schools

    Press release

    Published on:

    This report examines whether Ofsted’s approach to inspecting schools is providing value for money. We assessed Ofsted’s role, performance and impact.

  19. Managing the BBC’s workforce

    Press release

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    The BBC’s approach to managing its workforce shows definite progress. It will need to monitor workforce changes carefully to build on the recent progress it has made.

  20. The Nuclear Decommissioning Authority: progress with reducing risk at Sellafield

    Press release

    Published on:

    This report examines the Nuclear Decommissioning Authority’s role, its governance, and the complex challenges it faces in delivering its long-term mission; progress with reducing high hazard and risk at Sellafield, and limitations to faster progress; and the NDA and Sellafield Limited’s plans to ensure sustainable progress at Sellafield.