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.
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.
Amyas Morse, the Comptroller and Auditor General (C&AG), has qualified his opinion on the 2015-16 accounts of the Department for Environment, Food and Rural Affairs.
Amyas Morse, the Comptroller and Auditor General (C&AG), has qualified his opinion on the 2015-16 accounts of the Department for Environment, Food and Rural Affairs.
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).
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).
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).
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).
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).
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).
HS2 is a large, complex and ambitious programme which is facing cost and time pressures. The unrealistic timetable set for HS2 Ltd by the Department means they are not as ready to deliver as they hoped to be at this point.
HS2 is a large, complex and ambitious programme which is facing cost and time pressures. The unrealistic timetable set for HS2 Ltd by the Department means they are not as ready to deliver as they hoped to be at this point.
The Department for International Development’s spending on humanitarian interventions has almost trebled between 2010-11 and 2014-15 to more than £1 billion per year, rising as a share of its total budget from 6% to 14%.
The Department for International Development’s spending on humanitarian interventions has almost trebled between 2010-11 and 2014-15 to more than £1 billion per year, rising as a share of its total budget from 6% to 14%.
A third of major government projects due to deliver in the next five years are rated as in doubt or unachievable unless action is taken to improve delivery. Greater transparency on project performance is required.
A third of major government projects due to deliver in the next five years are rated as in doubt or unachievable unless action is taken to improve delivery. Greater transparency on project performance is required.
The Comptroller and Auditor General has qualified his opinion on the financial statements of Defence Equipment & Support.
Our strategy 2016-17 to 2018-19 sets out how the NAO will meet our new challenges and maximise our effectiveness to support Parliament in holding government to account and improving public services, and the resources we need to do this.
The Cabinet Office estimates that government commits around £130 billion to grants each year – nearly 20% of all government spend. Grants are an important delivery mechanism for policy across government, not just centrally but also in agencies, local authorities and other bodies across the public sector.
Kids Company, a children’s charity, received at least £46m of public funding. Officials raised concerns about the charity’s cash flow and financial sustainability at least 6 times between 2002 and 2015 but the charity never reached a position where it was able to operate without government assistance.