Search results for 'sector'

Showing 761 - 780 of 868 results

  1. Regulating Housing Associations’ Management of Financial Risk

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    The housing association sector and the Housing Corporation, the sector’s regulator, are facing new and more complex financial risks, according to the National Audit Office. The Housing Corporation has started to reform the way in which it regulates associations, known as Registered Social Landlords (RSLs), but there is scope to improve regulation further. According to […]

  2. Foreign and Commonwealth Office Accounts 2005-06

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    The Foreign and Commonwealth Office resource accounts for 2005-06, published today, include a report by Sir John Bourn, head of the National Audit Office, on the theft and misuse of satellite phones in Iraq. The NAO report provides Parliament with details of losses of £594,000 caused by the unauthorised use of satellite telephones in Iraq. […]

  3. Improving the efficiency of central government’s office property

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    Some departments are on their way towards having a structured and strategic approach to property asset management. But central government departments are still a long way from achieving full value for money from their office accommodation, according to the National Audit Office. In a report out today, the government’s spending watchdog found that departments could […]

  4. PFI: The STEPS Deal

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    Sir John Bourn, head of the National Audit Office today reported to Parliament on the £1.5 billion Strategic Transfer of the Estate to the Private Sector (STEPS) PFI deal entered into by Inland Revenue and Customs and Excise with a private sector consortium known as Mapeley STEPS. The deal incorporates the transfer of the ownership […]

  5. PFI Refinancing Update

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    The public sector now has the prospect of securing a bigger share of the gains arising from the refinancing of PFI projects, under new arrangements introduced by the Office of Government Commerce (OGC). The OGC negotiated these measures with the private sector following earlier concerns of the National Audit Office and Public Accounts Committee (PAC) […]

  6. Department of the Environment, Transport and the Regions: The Channel Tunnel Rail Link

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    Sir John Bourn, Head of the National Audit Office, told Parliament today that although the Private Finance Initiative deal for the construction of the Channel Tunnel Rail Link was in many respects unique, the lessons to be learned from the project’s near collapse are not. The report makes three key points. In negotiating with the […]

  7. Health and Safety Executive: Improving health and safety in the construction industry

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    The construction industry and government organisations influencing the procurement of construction work could do more to improve the health and safety of construction workers, according to the National Audit Office. The HSE as regulator also has a role to play in contributing towards reducing deaths and injuries. There has been a 5 per cent reduction […]

  8. Reaping the Rewards of Agricultural Research

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    The successful commercialisation of intellectual property in agricultural research requires identifying the best opportunities for commercial exploitation of publicly financed research; obtaining further funds to develop and protect ideas; and managing risks when making deals and establishing spin-out companies. These points are brought out in a National Audit Office report today on the performance of […]

  9. Progress on the Channel Tunnel Rail Link

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    The National Audit Office’s report finds that London & Continental Railways (LCR) successfully completed the construction of Section 1 of the Channel Tunnel Rail Link (CTRL) on time and at a cost slightly below the target set in the 1998 restructuring. Drawing on the reasons for this achievement, the NAO report highlights lessons for other […]

  10. Energywatch and Postwatch: Helping and Protecting Consumers

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    Sir John Bourn, Head of the National Audit Office, told Parliament today that Energywatch and Postwatch have achieved benefits for consumers but they need to do more to show the extent of these benefits. Over their first three years, Energywatch and Postwatch have successfully established their organisations, developed efficient systems to handle customer complaints and […]

  11. National Savings: Public-Private Partnership with Siemens Business Services

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    Sir John Bourn, head of the National Audit Office, reported to Parliament today on the £635 million contract awarded to Siemens Business Services (SBS) to process transactions and provide a service to National Savings’ 30 million customers. The partnership forms a vital part of a programme of modernisation and transformation which aims to provide better […]

  12. Financial Auditing And Reporting: General Report of the Comptroller and Auditor General 2001-2002

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    Sir John Bourn, head of the National Audit Office (NAO), has reported to Parliament on the outcome of financial audit work undertaken by the NAO in central government over the past year. Today’s report examines the progress made by government departments in a number of important areas. In 2001/02 resource accounts became the sole mechanism […]

  13. The Operational Performance of PFI Prisons

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    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the seven operational PFI prisons are bringing benefits to the Prison Service. One of the key benefits is that the existence of PFI prisons has encouraged the public sector to improve its performance. For instance, Prison Service management teams have recently […]

  14. The Efficiency Programme: A Second Review of Progress

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    Sir John Bourn, head of the National Audit Office, reported to Parliament today that, halfway into the three-year efficiency programme, government departments have reported £13.3 billion in annual efficiency savings, 62 per cent of the £21.5 billion target. But departments’ progress towards achieving their individual targets varies, indicating that some departments still have a lot […]

  15. Darent Valley Hospital: The PFI contract in action

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    Sir John Bourn delivered today the National Audit Office’s 50th PFI/PPP report to Parliament, an update report on the new Darent Valley hospital which, in 1997, had been the first hospital procured under the PFI. Sir John reported that the hospital had been successfully delivered and the Trust had received a reduction in the overall […]

  16. Ensuring the effective discharge of older patients from NHS acute hospitals

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    Good progress is being made by the Department of Health and other health and social care bodies in ensuring that older people who have finished treatment in acute hospitals are discharged promptly. According to the National Audit Office, however, more needs to be done to meet the Government’s target to end widespread delays in patient […]

  17. Ministry of Defence: The Joint Services Command and Staff College

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    Sir John Bourn, Head of the National Audit Office, told Parliament today that the Joint Services Command and Staff College was a success story and had obtained value for money when using the PFI to procure its permanent home. The Ministry of Defence did well to establish the College but there is scope to improve […]

  18. The English National Stadium Project at Wembley

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    The Department for Culture, Media and Sport’s decision to provide additional public funding for the English national stadium project at Wembley is an example of well managed risk taking, Sir John Bourn, Head of the National Audit Office said today. The Department, working closely with Sport England, has thoroughly reviewed the project and taken appropriate […]

  19. The Department for Culture, Media and Sport: The Re-negotiation of the PFI-type Deal for the Royal Armouries Museum in Leeds

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    Sir John Bourn, head of the National Audit Office, reported to Parliament today that the Royal Armouries* in July 1999 successfully negotiated a revised deal with Royal Armouries (International) plc** (“RAI”) which ensured that the Royal Armouries Museum in Leeds remained open. The revised deal has also made it possible for the future redevelopment of […]

  20. Staying the course: the retention of students in higher education

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    Four out of five students starting a full-time course in England are expected to complete their course, the NAO reported today. The United Kingdom’s performance on retention compares favourably with most other OECD countries, during a period of expansion in higher education. In a new report to Parliament, published as students await their A level […]