Ministerial Departments CABINET OFFICE April 2012
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A Short Guide: the NAO's Work on HM Treasury
1 The NAO’s work on HM Treasury A ShoRT GUIDE The NAO’s work on HM Treasury June 2010 2 The NAO’s work on HM Treasury Our vision is to help the nation spend wisely. We apply the unique perspective of public audit to help Parliament and government drive lasting improvement in public services. The National Audit Office scrutinises public spending on behalf of Parliament. The Comptroller and Auditor General, Amyas Morse, is an Officer of the House of Commons. He is the head of the National Audit Office which employs some 900 staff. He and the National Audit Office are totally independent of Government. He certifies the accounts of all Government departments and a wide range of other public sector bodies; and he has statutory authority to report to Parliament on the economy, efficiency and effectiveness with which departments and other bodies have used their resources. Our work leads to savings and other efficiency gains worth many millions of pounds: £890 million in 2009-10. Contents Introduction 5 About the Department 6 The Department’s responsibilities 6 Where the Department spends its money 7 Financial management 10 Financial governance and reporting 10 Financial management across government 10 Efficiency 11 Use of information 12 Testing the reliability of performance data across government 12 Use of information by HM Treasury 13 Our audit of the budget assumptions 13 Service delivery 14 Financial stability measures 14 Procurement across government 15 Appendices 18 5 The NAO’s work on HM Treasury This short guide is one of 17 we have produced covering our work on each major government department. -
Cabinet Office Annual Report and Accounts 2007 to 2008
Annual Report and Accounts 2007 – 2008 Making government HC613 work better This document is part of a series of Departmental Reports which along with the Main Estimates 2008–09, the document Public Expenditure Statistical Analyses 2008 and the Supplementary Budgetary Information 2008–09, present the Government’s expenditure plans for 2008–09 onwards, and comparative outturn data for prior years. © Crown Copyright 2008 The text in this document (excluding the Royal Arms and other departmental or agency logos) may be reproduced free of charge in any format or medium providing it is reproduced accurately and not used in a misleading context. The material must be acknowledged as Crown copyright and the title of the document specified. Where we have identified any third party copyright material you will need to obtain permission from the copyright holders concerned. For any other use of this material please write to Office of Public Sector Information, Information Policy Team, Kew, Richmond, Surrey TW9 4DU or e-mail: [email protected] ISBN: 9780 10 295666 5 Cabinet Office Annual Report and Accounts 2007–2008 Incorporating the spring Departmental Report and the annual Resource Accounts For the year ended 31 March 2008 Presented to Parliament by the Financial Secretary to the Treasury pursuant to the Government Resources and Accounts Act 2000 c.20,s.6 (4) Ordered by the House of Commons to be printed 15 July 2008 London: The Stationery Office HC 613 £33.45 Contents 2 Cabinet Office Annual Report and Accounts 2007–08 Pages 4–11 INTRODUCTION -
Asset Protection Scheme Shareholder Circular
THIS DOCUMENT AND ANY ACCOMPANYING DOCUMENTS ARE IMPORTANT AND REQUIRE YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the action you should take, you are recommended to seek immediately your own personal financial advice from your stockbroker, bank manager, solicitor, accountant, fund manager or other appropriate independent financial adviser, who is authorised under the Financial Services and Markets Act 2000 (the ‘‘FSMA’’) if you are in the United Kingdom or, if not, from another appropriately authorised independent financial adviser. If you sell or have sold or otherwise transferred all of your Ordinary Shares please send this document, together with any accompanying form of proxy, as soon as possible, to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for delivery to the purchaser or transferee. If you have sold or transferred, or otherwise disposed of, only part of your holding of Ordinary Shares you should retain this circular and accompanying form of proxy and consult the stockbroker, bank or other agent through whom you made the sale, transfer or disposal. 29APR200818121267 The Royal Bank of Scotland Group plc (incorporated under the Companies Acts 1948 to 1967 and registered with Registered No. SC045551) Proposed accession to the Asset Protection Scheme and B Share and Dividend Access Share issues Circular and Notice of General Meeting Your attention is drawn to the letter from your Chairman which is set out in Part I of this document and which recommends you vote in favour of the Resolutions to be proposed at the General Meeting referred to below. -
Department for Transport: Lessons from Cancelling the Intercity West Coast Franchise Competition
House of Commons Committee of Public Accounts Department for Transport: Lessons from cancelling the InterCity West Coast franchise competition Thirty-first Report of Session 2012–13 Report, together with formal minutes, oral and written evidence Ordered by the House of Commons to be printed 4 February 2013 HC 813 Published on 26 February 2013 by authority of the House of Commons London: The Stationery Office Limited £11.00 Committee of Public Accounts The Committee of Public Accounts is appointed by the House of Commons to examine “the accounts showing the appropriation of the sums granted by Parliament to meet the public expenditure, and of such other accounts laid before Parliament as the committee may think fit” (Standing Order No 148). Current membership Rt Hon Margaret Hodge (Labour, Barking) (Chair) Mr Richard Bacon (Conservative, South Norfolk) Stephen Barclay (Conservative, North East Cambridgeshire) Guto Bebb (Conservative, Aberconwy) Jackie Doyle-Price (Conservative, Thurrock) Chris Heaton-Harris (Conservative, Daventry) Meg Hillier (Labour, Hackney South and Shoreditch) Mr Stewart Jackson (Conservative, Peterborough) Sajid Javid (Conservative, Bromsgrove) Fiona Mactaggart (Labour, Slough) Austin Mitchell (Labour, Great Grimsby) Nick Smith (Labour, Blaenau Gwent) Ian Swales (Liberal Democrats, Redcar) Justin Tomlinson (Conservative, North Swindon) The following Members were also Members of the committee during the parliament: Dr Stella Creasy (Labour/Cooperative, Walthamstow) Justine Greening (Conservative, Putney) Joseph Johnson (Conservative, Orpington) Eric Joyce (Labour, Falkirk) Rt Hon Mrs Anne McGuire (Labour, Stirling) Matthew Hancock (Conservative, West Suffolk) James Wharton (Conservative, Stockton South) Powers The committee is one of the departmental select committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No 152. -
Ministerial Departments CABINET OFFICE July 2010
LIST OF MINISTERIAL RESPONSIBILITIES Including Executive Agencies and Non- Ministerial Departments CABINET OFFICE July 2010 LIST OF MINISTERIAL RESPONSIBILITIES INCLUDING EXECUTIVE AGENCIES AND NON MINISTERIAL DEPARTMENTS CONTENTS Page Part I List of Cabinet Ministers 2 Part II Alphabetical List of Ministers 4 Part III Ministerial Departments and Responsibilities 8 Part IV Executive Agencies 62 Part V Government Offices for the Regions 82 Part VI Non-Ministerial Departments 85 Part VII Government Whips in the House of Commons and House of Lords 93 Part VIII Government Spokespersons in the House of Lords 94 Part IX Index 96 Information contained in this document can also be found at: http://www.cabinetoffice.gov.uk/government-business.aspx Further copies of this document can be obtained from: Cabinet Office Room 118 70 Whitehall London SW1A 2AS Or send your request via email to: Propriety&[email protected] 1 I - LIST OF CABINET MINISTERS The Rt Hon David Cameron MP Prime Minister, First Lord of the Treasury and Minister for the Civil Service The Rt Hon Nick Clegg MP Deputy Prime Minister, Lord President of the Council (with special responsibility for political and constitutional reform) The Rt Hon William Hague MP First Secretary of State, Secretary of State for Foreign and Commonwealth Affairs The Rt Hon George Osborne MP Chancellor of the Exchequer The Rt Hon Kenneth Clarke QC MP Lord Chancellor, Secretary of State for Justice The Rt Hon Theresa May MP Secretary of State for the Home Department and Minister for Women -
Royal Bank of Scotland: Details of Asset Protection Scheme and Launch of the Asset Protection Agency
Royal Bank of Scotland: details of Asset Protection Scheme and launch of the Asset Protection Agency December 2009 Royal Bank of Scotland: details of Asset Protection Scheme and launch of Asset Protection Agency December 2009 Official versions of this document are printed on 100% recycled paper. When you have finished with it please recycle it again. If using an electronic version of the document, please consider the environment and only print the pages which you need and recycle them when you have finished. © Crown copyright 2009 The text in this document (excluding the Royal Coat of Arms and departmental logos) may be reproduced free of charge in any format or medium providing that it is reproduced accurately and not used in a misleading context. The material must be acknowledged as Crown copyright and the title of the document specified. Where we have identified any third party copyright material you will need to obtain permission from the copyright holders concerned. For any other use of this material please write to Office of Public Sector Information, Information Policy Team, Kew, Richmond, Surrey TW9 4DU or e-mail: [email protected] ISBN 978-1-84532-664-7 PU896 Contents Page Executive summary 3 Chapter 1 Introduction 7 Chapter 2 Financial Stability Agreements finalised 11 Chapter 3 Agreement with Royal Bank of Scotland 15 Chapter 4 Asset Protect Scheme design 21 Chapter 5 Asset Protection Agency 25 Annex A APS Assets 27 Annex B APS design 59 Annex C Asset Protection Agency framework document 85 Royal Bank of Scotland: details of Asset Protection Scheme and launch of the Asset Protection Agency 1 Executive summary The Government is today publishing details of the Asset Protection Scheme (APS) agreements that it has entered into with The Royal Bank of Scotland (RBS) together with information on the assets that are being covered by the APS. -
Review of HM Treasury's Response to the Financial Crisis 2007-09
Review of HM Treasury’s management response to the financial crisis March 2012 Review of HM Treasury’s management response to the financial crisis March 2012 Official versions of this document are printed on 100% recycled paper. When you have finished with it please recycle it again. If using an electronic version of the document, please consider the environment and only print the pages which you need and recycle them when you have finished. © Crown copyright 2012 You may re-use this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit http://www.nationalarchives.gov.uk/doc/open- government-licence/ or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or e-mail: [email protected]. Any queries regarding this publication should be sent to us at: [email protected]. ISBN 978-1-84532-953-2 PU1286 Contents Page Foreword 3 Executive summary 5 Chapter 1 Introduction 9 Chapter 2 Financial services in HM Treasury before the crisis 15 Chapter 3 Brief history of the financial crisis (2007-09) 19 Chapter 4 Management response to the financial crisis 23 Chapter 5 Current capability on financial services 33 Chapter 6 HM Treasury’s future capability 39 Chapter 7 Organisational challenges 43 Chapter 8 Recommendations 51 Annex A Timeline of key events 55 Annex B Policy interventions 57 Annex C Organisations consulted by the Review 59 Annex D Relevant reports and publications 61 Annex E List of acronyms 63 1 Foreword The financial crisis of 2007 to 2009 was arguably the most difficult set of economic circumstances that the Treasury has faced in its history. -
National Audit Office Report (HC 91 2008-2009): Maintaining
REPORT BY THE COMPTROLLER AND AUDITOR GENERAL HC 91 SESSION 2009–2010 4 DECEMBER 2009 Maintaining financial stability across the United Kingdom’s banking system Our vision is to help the nation spend wisely. We promote the highest standards in financial management and reporting, the proper conduct of public business and beneficial change in the provision of public services. The National Audit Office scrutinises public spending on behalf of Parliament. The Comptroller and Auditor General, Amyas Morse, is an Officer of the House of Commons. He is the head of the National Audit Office which employs some 900 staff. He and the National Audit Office are totally independent of Government. He certifies the accounts of all Government departments and a wide range of other public sector bodies; and he has statutory authority to report to Parliament on the economy, efficiency and effectiveness with which departments and other bodies have used their resources. Our work leads to savings and other efficiency gains worth many millions of pounds: at least £9 for every £1 spent running the Office. Maintaining financial stability across the United Kingdom’s banking system Ordered by the House of Commons This report has been to be printed on 2 December 2009 prepared under section 6 of the National Audit Act Report by the Comptroller and Auditor General 1983 for presentation to HC 91 Session 2009–2010 the House of Commons 4 December 2009 in accordance with Section 9 of the Act. London: The Stationery Office £14.35 Amyas Morse Comptroller and Auditor General National Audit Office 1 December 2009 This report provides Parliament with an explanation of the measures taken since the nationalisation of Northern Rock to stabilise the UK’s banking system, the role of the Treasury in designing and implementing these measures, and the nature of the costs, risks, and liabilities falling on the taxpayer. -
DEPARTMENT: HM TREASURY, Supplementary Estimate 2012-13
UNCLASSIFIED DEPARTMENT: HM TREASURY, Supplementary Estimate 2012-13 INTRODUCTION and KEY POINTS The Estimate covers the administration costs of the core Treasury, the Debt Management Office (DMO), United Kingdom Financial Investments Ltd (UKFI), Asset Protection Agency (APA), Infrastructure UK (IUK), Office of Tax Administration (OTS) and the Department’s non-departmental public bodies (NDPBs) the Office for Budget Responsibility (OBR), the Royal Mint Advisory Committee (RMAC), the Financial Services Compensation Scheme (FSCS), Money Advice Service (MAS – formerly the Consumer Financial Education Body).and the Sovereign Grant to the Royal Household. Programme spending on coinage and financial stability is also included. Changes sought in the 2012-13 Supplementary Estimate 2012-13 Budgets £’000 and net cash requirement Current Change New limit limit Voted Non- voted Departmental Expenditure Limit (DEL) Resource 191,702 -236,899 - -45,197 Of which 156,955 -16,899 - 140,056 Administration Capital 25,540 1,935 - 27,47 Annually Managed Expenditure (AME) Resource - - 359 - 1,467,899 14,248,250 15,715,790 Capital 669,242 -2,956,105 - -2,286,863 Net cash requirement -2,754.3 -3,407,218 - -6,161,530 UNCLASSIFIED UNCLASSIFIED Significant differences in provision compared to the 2012-13 Main Estimate. DEL The Main Estimate provided a resource DEL of £191.7m which included an administration budget of £156.9m and a capital DEL of £25.5m. Resource DEL administration outturn is forecast to be at least £17m lower than the current limit. It has been agreed that of that underspend, the maximum amount (2%) will be carried forward under the Budget Exchange (BX) scheme reducing Resource DEL by £3.8m. -
Download Document
DEPARTMENTAL OVERVIEW A summary of the NAO’s work on HM Treasury 2010‑11 SEPTEMBER 2011 2 A summary of the NAO’s work on HM Treasury 2010‑11 Our vision is to help the nation spend wisely. We apply the unique perspective of public audit to help Parliament and government drive lasting improvement in public services. The National Audit Office scrutinises public spending on behalf of Parliament. The Comptroller and Auditor General, Amyas Morse, is an Officer of the House of Commons. He is the head of the NAO, which employs some 880 staff. He and the NAO are totally independent of government. He certifies the accounts of all government departments and a wide range of other public sector bodies; and he has statutory authority to report to Parliament on the economy, efficiency and effectiveness with which departments and other bodies have used their resources. Our work led to savings and other efficiency gains worth more than £1 billion in 2010‑11. Contents Introduction 4 Appendix One The Department’s related bodies Part One at 1 April 2011 21 About HM Treasury 5 Appendix Two Part Two Results of the Civil Service People Financial management 11 Survey 2010 22 Part Three Appendix Three Use of information 15 Publications by the NAO on the Department since 2008-09 24 Part Four Service delivery 17 Appendix Four Cross-government NAO reports of relevance to the Department since 2008-09 25 Appendix Five Other sources of information 28 4 Introduction A summary of the NAO’s work on HM Treasury 2010‑11 Introduction Aim and scope of this briefing The primary purpose of this Departmental Overview is to provide the Treasury Select Committee with a summary of the work by the National Audit Office on HM Treasury since June 2010. -
Asset Protection Agency Annual Report and Accounts 2010-11
Annual Report and Accounts 2010-11 of the Asset Protection Agency HC 1112 July 2011 Asset Protection Agency Annual Report and Accounts 2010-11 Accounts presented to the House of Commons pursuant to Section 7 of the Government Resources and Accounts Act 2000. Annual Report presented to the House of Lords by Command of Her Majesty. Annual Report and Accounts presented to Parliament by Command of Her Majesty. Ordered by the House of Commons to be printed on 14 July 2011 HC 1112 LONDON: The Stationery Office £20.50 © Crown copyright 2011 You may re-use this information (excluding logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit http://www.nationalarchives.gov.uk/doc/open-government-licence/ or e-mail: [email protected]. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available for download at www.official-documents.gov.uk. ISBN: 9780102974478 PU1189 Printed in the UK by The Stationery Office Limited on behalf of the Controller of Her Majesty’s Stationery Office ID 2441201 07/11 Printed on paper containing 75% recycled fibre content minimum. Annual Report and Accounts 2010-11 of the Asset Protection Agency Contents 1. Chief Executive’s Foreword ................................................................................................................................... 3 1 2. Business Review ....................................................................................................................................................... -
Name Grade Organisation Annual Pay Rate
Name Grade Organisation Annual pay rateNotes - including taxable benefits and allowances Stephan Wilcke Asset Protection£150,000 Agency - £154,999 Jens Bech Asset Protection£165,000 Agency - £169,999No pension Ion Dagtoglou Asset Protection£165,000 Agency - £169,999No pension Brian Scammell Asset Protection£130,000 Agency - £134,9994 days per week Hamish Buckland Asset Protection£65,000 Agency - £69,9992 days per week Stephen Lovegrove Director GeneralBIS £185,000 - £189,999 Philip Rutnam Director GeneralBIS £180,000 - £184,999 Vicky Pryce Director GeneralBIS £175,000 - £179,999 Prof. John Beddington Permanent SecretaryBIS £165,000 - £169,999 Prof. Adrian Smith Director GeneralBIS £160,000 - £164,999 Philip Rycroft Director GeneralBIS £160,000 - £164,999 Howard Orme Director GeneralBIS £160,000 - £164,999 Simon Fraser Permanent SecretaryBIS £160,000 - £164,999 Mark Russell Director BIS £155,000 - £159,999 John McCready Director BIS £150,000 - £154,999 Marc Middleton Director BIS £150,000 - £154,999 Alison Littley Director GeneralBuying Solutions£150,000 - £154,999 Gus O'Donnell Permanent SecretaryCabinet Office£235,000 - £239,999 Stephen Laws Permanent SecretaryCabinet Office£225,000 - £229,999 Robert Parker Parliamentary CabinetCounsel Office£210,000 - £214,999 John Suffolk Director GeneralCabinet Office£205,000 - £209,999 Philip Davies Parliamentary CabinetCounsel Office£195,000 - £199,999 Catherine Johnston Parliamentary CabinetCounsel Office£190,000 - £194,999 Gill Rider Director GeneralCabinet Office£180,000 - £184,999No pension David