The Cabinet Office has not yet established a clear role for itself in coordinating and leading departments’ efforts to protect their information, according to the National Audit Office. Today’s report found that its ambition to undertake such a role is weakened by the limited information which departments collect on their security costs, performance and risks. […]
CDC Group plc, the government-owned fund management business tasked to invest in private businesses in developing countries, has exceeded the financial and investment targets set for it in 2004, when it was restructured. CDC has secured a good return on public funds, in a portfolio weighted towards poor countries, and to that extent it has […]
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.
This study assesses the effectiveness of the government’s activity to combat fraud.
A programme to update Buckingham Palace costing £369 million has been well-managed to date and demonstrates good practice in numerous areas.
The Government has committed £933 million from the Libor Fund, but cannot yet confirm that all the money has been used as intended.
The Cabinet Office has reported efficiency savings across shared government functions, but there are opportunities to implement a more robust approach, according to a new report by the National Audit Office (NAO).
A report today from the National Audit Office summarises the results of the European Court of Auditors’ examination of the European Union’s accounts for 2007 and progress on the range of initiatives taken forward by the Commission and Member States. For the first time the Court provided a positive Statement of Assurance, without qualification, on […]
The toolkit is designed to be used to assess the impact of the transition from UK Accounting standards to International Financial Reporting Standards (IFRS) on business and financial statements.
The Bank of England has made progress in its aim to operate in a more unified way following its expansion. More is needed to embed cultural change and deliver long term data projects.
This report looks at how DESNZ is set up for power sector decarbonisation while maintaining security of electricity supply and affordability.
Government must develop a clearer approach to Senior Civil Service leadership capability to ensure the best people can deliver essential projects and services.
The Department for Work & Pensions is not doing enough to find out how sanctions affect people on benefits.
The Financial Conduct Authority is making significant changes in response to its new responsibilities and past regulatory failures, but it needs to manage the related risks if it’s to meet its commitments, including reducing and preventing financial crime, according to a new report by the National Audit Office.
The government has missed opportunities to exploit the full potential of the Levy Control Framework and this has contributed to decisions which have not secured value for money.
Disclosure guides are designed to ensure that audited bodies have prepared an account in the appropriate form and have complied with all disclosure requirements.
The UK bears the ultimate risk of potential liabilities from its overseas territories such as Anguilla, Montserrat and the Falkland Islands; and, while progress has been made in managing and mitigating these risks since the last report by the National Audit Office in 1997, there is room for improvement, the NAO has reported today. The […]
Governance and oversight of franchised higher education provision needs to be strengthened following instances of fraud and abuse in the sector.