Search results for 'Commercial and financial management'

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  1. Evaluating the government balance sheet: pensions

    Report Value for money

    Published on:

    We have published a series of reports which explore some of the major risks to public finances highlighted in the Whole of Government Accounts (WGA).

  2. Progress on the government estate strategy

    Report Value for money

    Published on:

    Departments have continued to reduce their estates and government is now getting better value for money. The Government Property Unit, however, has not yet made much progress towards its more challenging objective of creating an integrated estate.

  3. The £13 billion sale of former Northern Rock assets

    Report Value for money

    Published on:

    The disposal of former Northern Rock mortgages and loans in 2015 was the government’s largest ever financial asset sale. When judged against the Government’s objective to shrink the balance sheet swiftly the deal was value for money.

  4. Department for International Development: investing through CDC

    Report Value for money

    Published on:

    The Department for International Development has improved its oversight of CDC and has directed it to address many of the weaknesses previously identified by Parliament. However, it remains a significant challenge for CDC to demonstrate its ultimate objective of creating and making a lasting difference to people’s lives in some of the world’s poorest places.

  7. The Nuclear Decommissioning Authority’s Magnox contract

    Report Value for money

    Published on:

    The NDA’s fundamental failures in the Magnox contract procurement raise serious questions about its understanding of procurement regulations and its ability to manage large, complex procurements.

  9. Capital funding for schools

    Report Value for money

    Published on:

    The Department must make the best use of the capital funding it has available by continuing to increase the use of data to inform its funding decisions and by creating places where it can demonstrate that they will have the greatest impact.

  10. The Ministry of Defence’s arrangement with Annington Property Limited

    Report Value for money

    Published on:

    The Ministry of Defence (the Department) has committed itself to annual rental bills of nearly £200 million and lost out on billions of pounds of asset value as a result of selling and leasing back the majority of its married quarters estate to Annington Property Limited in 1996 because of the subsequent steep increase in house prices and rents.

  11. Financial sustainability of schools

    Report Value for money

    Published on:

    The government’s approach to managing the risks to schools’ financial sustainability cannot be judged to be effective or providing value for money until more progress is made.

  13. NHS Ambulance Services

    Report Value for money

    Published on:

    Demand for ambulance services continues to grow rapidly, but services are finding it increasingly difficult to cope with rising demand.

  14. Mental health in prisons

    Report Value for money

    Published on:

    Government does not know how many people in prison have a mental illness, how much it is spending on mental health in prisons or whether it is achieving its objectives. It is therefore hard to see how Government can be achieving value for money in its efforts to improve the mental health and well being of prisoners. In 2016 there were 40,161 incidents of self-harm in prisons and 120 self-inflicted deaths.

  17. Due diligence processes for potential donations

    Insight Good practice guides

    Published on:

    With charities such as museums and galleries relying increasingly on donations to supplement public grant funding, this report summarises the issues faced and best-practice management of the risks associated with donations as a source of income.

  18. The Thameslink, Southern and Great Northern rail franchise

    Report Value for money

    Published on:

    This examines the causes of poor performance on the Thameslink, Southern and Great Northern network since the franchise began in September 2014, the effects on passenger services, financial outcomes for the operator and the Department, and the Department’s handling of the Thameslink, Southern and Great Northern franchise.