Equipment Plan 2013 – 2023
Published on:MOD’s procurement budget is now more stable, despite a £754m increase in the cost of the carriers, but there are still risks to the affordability of the equipment plan.
Search results for 'Commercial and financial management'
Showing 281 - 300 of 639 results
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HM Treasury: The Asset Protection Scheme
Published on:The Treasury’s Asset Protection Scheme to protect over £280 billion of Royal Bank of Scotland’s financial assets against losses had a beneficial impact on financial markets. But the Scheme has, so far, only been partially successful in encouraging lending to creditworthy borrowers on the scale originally envisaged.
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Spinning-out MyCSP as a mutual joint venture
Published on:MyCSP has the potential to be good value for money with a projected saving of 50 per cent on costs, but the Cabinet Office and MyCSP still face many large challenges in transforming the service.
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The creation and sale of Northern Rock plc
Published on:The Treasury’s 2009 decision to split Northern Rock in two was reasonable at the time but the final net cost to the taxpayer could be some £2 billion.
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Central government’s implementation of the national Compact
Published on:The Compact is a voluntary agreement that sets out shared principles for effective partnership working between the government and voluntary and civil society organisations in England.
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Equity investment in privately financed projects
Published on:Equity investors have helped to deliver many public sector infrastructure projects via the Private Finance Initiative and have managed them in ways from which the public sector can learn. Against a background of limited information, evidence gathered by the National Audit Office raises concern that the public sector is paying more than it should for equity investment.
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The rural broadband programme
Published on:The programme to make superfast broadband widely available in each area of the UK is currently expected to be delivered nearly two years later than planned.
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Stewardship of the wholly-owned banks: buy-back of subordinated debt
Published on:Investors in taxpayer-owned banks were paid an excessive interest rate for risk actually being shouldered by taxpayers. The buy-back was therefore value for money.
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Managing budgeting in government
Published on:The Government’s ability to show that its spending decisions represent the best value for money is being hindered by the patchy availability of good information.
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Reporting financial information to the Board
Published on:2nd edition 2012
Boards can assess the financial management information reported to them against best practice using the guide.
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The mortgage rescue scheme
Published on:The Mortgage Rescue Scheme, launched in January 2009 by the Department for Communities and Local Government, achieved fewer than half of the rescues expected. The Department helped 2,600 households avoid repossession and homelessness at a cost of in excess of £240 million – but it originally expected to help 6,000 households for £205 million.
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The Government Procurement Card
Published on:Used appropriately, GPC can be a cost-effective way for government to procure goods and services. However, there is no up to date value-for-money case quantifying the benefits of the cards. There has also been a lack of clear central guidance on when the cards are the most appropriate way to procure goods and services.
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The London 2012 Olympic Games and Paralympic Games: post-Games review
Published on:The NAO has underlined the success of the 2012 Games and stressed the importance of building on that success to deliver legacy benefits.
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The BBC’s efficiency programme
Published on:A report on the BBC’s progress to date in delivering efficiency savings required by the BBC Trust following the 2007 licence fee settlement.
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Decommissioning: How to decommission public services delivered by civil society organisations and maintain value for money
Published on:This guide provides practical advice on how to plan for and manage the decommissioning of public services delivered by civil society organisations (CSOs) and maintain value for money while doing so.
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The franchising of Hinchingbrooke Health Care NHS Trust
Published on:The first private company awarded a franchise to run an NHS hospital has made improvements in some clinical areas, but big financial challenges remain.
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Programmes to help families facing multiple challenges
Published on:Two government programmes aiming to help families with multiple challenges, such as unemployment and anti-social behaviour, are starting to provide benefits but considerable challenges remain.
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HM Revenue & Customs: Customer service performance
Published on:Despite some welcome improvements, HMRC’s performance in answering calls from the public is poor value for money.
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Carrier Strike: The 2012 reversion decision
Published on:The MOD acted promptly to revert to the decision to buy the vertical take-off version of the Joint Strike Fighter but will have to manage significant risks.
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The BBC’s approach to managing the cost of its support functions
Published on:The BBC has reduced its spending on support functions but in future it should plan for cuts by clearly defining the level of service it requires and what that should cost.