The return of Lloyds Banking Group to private ownership
Now that all Lloyds shares have been sold we reviewed how the government prepared for and carried out the sales from March 2014 onwards.
Published:
22 Jun 2018
22 Jun 2018
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Central Finance and Treasury
Investigation into the government’s handling of the collapse of Carillion
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.
Published:
7 Jun 2018
7 Jun 2018
Exiting the EU: The financial settlement
This report forms part of the National Audi Office’s programme of work to examine how the government is overseeing and implementing the UK’s exit from the EU. It is our first report on the financial settlement, assessing HM Treasury’s estimate of the cost of the settlement.
Published:
20 Apr 2018
20 Apr 2018
PFI and PF2
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
Published:
18 Jan 2018
18 Jan 2018
A Short Guide to HM Treasury 2017
The NAO is publishing a suite of short guides for the new Parliament, one for each government department and a selection of cross-government issues, to assist House of Commons select committees and members of Parliament.
Published:
15 Dec 2017
15 Dec 2017
Evaluating the government balance sheet: borrowing
Public and private borrowing are high, kept affordable by record low interest rates, and quantitative easing continues ten years after the crisis it responded to.
Published:
7 Nov 2017
7 Nov 2017
Investigation into the management of the Libor Fund
The Government has committed £933 million from the Libor Fund, but cannot yet confirm that all the money has been used as intended.
Published:
8 Sep 2017
8 Sep 2017
Contribution to Bank of England Review: Managing potential conflicts of interest
The primary purpose of this paper is to provide the Bank of England with information relating to the management of conflicts of interest and some of the approaches we have encountered in other organisations. This does not constitute guidance, but has been provided to assist the Bank when it conducts its own internal review
Published:
9 Aug 2017
9 Aug 2017
Report of the Comptroller and Auditor General: Whole of Government Accounts 2015-16
The Whole of Government Accounts provide a unique perspective owing to their reach and approach to measuring the government’s financial performance and position.
Published:
19 Jul 2017
19 Jul 2017
The first sale of shares in Royal Bank of Scotland
The first sale of government shares in the Royal Bank of Scotland in August 2015 was well planned and organised and represented value for money.
Published:
14 Jul 2017
14 Jul 2017