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.
The NAO has published the findings from its investigation into the acceptance of gifts and hospitality by government officials.
This briefing has been prepared for the Defence Committee of the House of Commons to provide an overview of the work and performance of the Ministry of Defence in the financial year 2006-07 and subsequent months.
Despite some improvements in the management of court cases, around two-thirds of criminal trials do not proceed as planned on the day they are originally scheduled. Delays and aborted hearings create extra work, waste scarce resources and undermine confidence in the justice system.
This briefing has been prepared for the Defence Committee of the House of Commons to provide an overview of the work and performance of the Ministry of Defence in the financial year 2007-08 and subsequent months.
The majority of government departments and agencies are failing to meet targets to make their new buildings and major refurbishments sustainable, according to a report published today by the National Audit Office. As a result, value for money may be lost from the £3billion which departments and agencies spend each year on this activity. A […]
The Department for International Development’s spending on humanitarian interventions has almost trebled between 2010-11 and 2014-15 to more than £1 billion per year, rising as a share of its total budget from 6% to 14%.
Sir John Bourn, head of the National Audit Office, reported today that while the Environment Agency provides well-managed and professional water resource management services there is scope to improve efficiency and realise net savings of some £450,000 a year on its activities in England, with a further potential saving of between £1 million to £2 […]
Some 75 per cent of the data systems government departments use to report progress against their Public Service Agreements (PSA) 2005-08 targets are broadly appropriate, but fewer than half of these were fully fit for purpose. The National Audit Office has also found there have been no significant improvements in data systems since previous analysis […]
£173 million was spent last year on trials and hearings in magistrates’ courts that did not go ahead as planned. Of this, nearly £24 million was due to the Crown Prosecution Service. The National Audit Office calculate that 28 per cent (784,000 annually) of all pre-trial hearings in magistrates’ courts do not proceed on the […]
The public sector could save annually over £220 million in food and catering costs by 2010-11, while raising nutritional standards and increasing sustainability, Sir John Bourn, head of the National Audit Office, has reported today. In particular, there is significant scope for improvement by increasing joined up procurement, implementing good practice, enhancing the roles and […]
Sir John Bourn, head of the National Audit Office, today reported to Parliament on joint administration of criminal justice by the main Departments concerned – the Crown Prosecution Service, the Home Office, and the Lord Chancellor’s Department. Departments have taken significant steps to improve collaboration between agencies and to focus on joint outcomes and streamline […]
Sir John Bourn, head of the National Audit Office, today reported to Parliament on the 2001-02 trading fund accounts of the Royal Mint. Sir John noted that the Royal Mint had recorded an operating loss (excluding the one-off costs of a restructuring programme) of £6.5 million for the 2001-02 financial year – its second consecutive […]
In the three years since the Royal Household took over responsibility for managing its own air and rail travel, the cost of such travel has reduced by two thirds. However, as a result of the National Audit Office’s enquiries, the basis of charging by the Ministry of Defence for royal use of the RAF’s 32 […]
The Department for International Development responds quickly and, in general, effectively when intervening in humanitarian emergencies, especially sudden-onset disasters, and has helped to save lives. However, according to a report to Parliament by the National Audit Office, DFID should do more to measure and evaluate the success of its humanitarian work in order to learn […]
Sir John Bourn, Head of the National Audit Office, today reported to Parliament on Government procurement. Some 1,500 staff spend some £13billion each year on civil procurement across government. Procurement is therefore big business and getting it right is central to the management of any organisation. The report focuses on the scope for improved procurement […]
The urgent need for change in how government departments and agencies procure and manage new construction projects, currently worth some £7.5 billion a year, is highlighted today in a National Audit Office report. It concludes that there is now no excuse for government clients and the industry to fail to take advantage of readily available […]