Investigation into the management of the Libor Fund
Published on:The Government has committed £933 million from the Libor Fund, but cannot yet confirm that all the money has been used as intended.
The Government has committed £933 million from the Libor Fund, but cannot yet confirm that all the money has been used as intended.
This report looks at the Office for Student’s responsibilities for financial regulation of higher education providers.
In December 2015 a five year contract, worth around £800 million between UnitingCare Partnership and Cambridgeshire and Peterborough clinical commissioning group collapsed after only 8 months because it ran into financial difficulties. NAO examined the design, procurement and operation of the contract and the events that led to its termination.
This report examines the progress made in improving the timeliness of auditor reporting on English local public bodies’ financial statements. Delays in completing audited accounts can have significant implications for local accountability and the effective management of public money.
The Olympic Delivery Authority remains on course to deliver its work on the Olympic Park successfully. But almost all of the Public Sector Funding Package is likely to be required, with little scope for unforeseen costs to emerge in the eight months left.
The government is selling assets on an unprecedented scale but, given the equally large scale of its new loans and other initiatives, the overall projected net effect is a £200m increase in borrowing.
This interactive publication summarises examples of ways our work has led to financial and non-financial impacts.
Being able to measure performance is a key step to managing performance. Most organisations in the public and private sectors use formal performance frameworks as a means to secure coherent performance management and report progress to their boards.
The Department has committed electricity consumers and taxpayers to a high cost and risky deal in a changing energy marketplace. We cannot say the Department has maximised the chances that it will achieve value for money.
The Shareholder Executive has improved government’s performance as owner of public businesses and is already producing some real financial gains for the public sector, according to a report out today by the National Audit Office. But increasing the Executive’s powers, such as expanding its remit to cover all public sector businesses and giving it greater […]
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. […]
This report examines the extent to which the regulation of private renting supports DLUHC’s aim to ensure fairness for renters.
The government is underprepared for extreme weather events, such as severe floods, which have the potential to cause significant disruption, a new report by the National Audit Office (NAO) says.
This impacts case study shows how we worked with departments to provide input to their drafting of accountability, assurance and evaluation frameworks, resulting in wider consultation and a more robust system.
It is one example of financial or non-financial benefits realised in 2014 as a result of our involvement, all of which are set out in our interactive PDF.
Demand for ambulance services continues to grow rapidly, but services are finding it increasingly difficult to cope with rising demand.
The Building Public Trust Awards recognise trust and transparency in corporate reporting. This is the 12th year in which PwC has presented these annual awards.
The NAO Annual Report and Accounts 2020-21 provides details about our work and performance.
This interactive publication presents the results of our survey of central government digital leaders’ views and suggests areas for further consideration.
The NAO acknowledges the vital role played by inspectorates but identifies inconsistency in the extent to which they are independent of government and in their reporting arrangements, which can limit their impact.