The National Audit Office has today given an update on the financial support provided by the Treasury to the UK banking sector – how much support has been provided, how much is still outstanding and how much it is costing the taxpayer.
The C&AG has qualified his audit opinion on the 2011-12 financial statements of the Young People’s Learning Agency and its sponsor department, the Department for Education.
The Comptroller and Auditor General, has published his audit opinion on the 2011-12 accounts of the Department for Environment, Food and Rural Affairs and the Rural Payments Agency.
BIS needs more coherent planning, rather than short-term fire fighting, to meet its spending review challenges and deliver better value for money.
The Comptroller and Auditor General, has published his audit opinion on the 2011-12 accounts of the Department for Work and Pensions.
The Comptroller and Auditor General has today qualified his audit opinion on the 2011-12 Social Fund White Paper Account.
The Comptroller and Auditor General, has today qualified the accounts of the Community Legal Service Fund and the Criminal Defence Service because of errors in payments to legal aid providers.
The Pensions Regulator and other agencies regulating defined contribution pension schemes should take a concerted approach towards collecting evidence and assessing risks to members.
The NHS delivered a £2.1bn surplus in 2011-12 but there is some financial distress in NHS trusts with some very large deficits.
The Programme launch has been successful, however key risks remain such as the planned delivery of new homes towards the end of the programme period.
The Comptroller and Auditor General has qualified his audit opinion on the 2011-12 financial statements of the East of England Development Agency (EEDA) because of irregular ex-gratia payments, totalling £51,000, made by the Agency to its staff.
The NAO, Better Regulation Executive and the Better Regulation Delivery Office have published a survey into businesses’ perception of regulation.
The report finds variations in health outcomes across the four nations, and will help health departments examine how better value for money could be achieved.
The MOD is buying more inventory than it uses and not consistently disposing of stock it no longer needs using money that could be spent elsewhere.
HMRC’s progress in stabilising the PAYE service, its performance in managing tax debt; and its progress in tackling tax credit overpayment.
Investment of £110bn in electricity infrastructure is needed by 2020 to meet increase in demand, to provide back-up capacity, and because of scheduled closure of one fifth of existing capacity.
The Comptroller & Auditor General has given a qualified audit opinion on the 2011-12 accounts of the Skills Funding Agency in relation to how the Agency has accounted for further education colleges.
Using competition to award companies licences to transmit electricity from offshore wind farms has benefits but consumers might end up bearing the cost of inflation.
Internal audit costs government around £70 million each year, but quality varies and it is poor value for money.
Following review by a former tax judge, the NAO concludes that all five settlements were reasonable but there is concern over the settlement processes.