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Cover or report showing map of europe and european national flags

Financial management in the European Union

“I am pleased to see the Court was able to issue a positive Statement of Assurance on a larger percentage of EU spending than it had done at any time in the previous decade and that it reported that the Commission had made progress in a number of key areas of financial management, such as the development of its internal control framework.

“Last year, I said that the United Kingdom’s Presidency of the European Union in the latter half of 2005 presented the United Kingdom authorities with an opportunity to push for improvements in financial management. I am pleased to see therefore that the United Kingdom Presidency made a substantial contribution to initiatives in this area. The challenge is to keep up the momentum during the Austrian and Finnish Presidencies in 2006.”

29 Mar 2006
Report cover showing community services at work

Progress in improving government efficiency

“There are many worthwhile activities going on within the efficiency programme and I am pleased that some good progress is clearly being made. However the time is now right for government to move on from isolated, one-off efficiency initiatives, covering selected activities, towards a much more all-embracing approach to achieving efficiency. To sum up, efficiency is not an ‘add on’, a separate programme from ‘core business’. Efficiency is the way ‘core business’ has to be delivered and improvements in the quality of public services secured.”

17 Feb 2006
Report cover

Royal Mint Trading Fund Accounts 2001-2002

“The Royal Mint’s declining financial performance in recent years is largely a consequence of the external pressures of a highly competitive global market. The Mint now faces a challenging and painful period of restructuring as it seeks to return to overall profitability.”

17 Oct 2002