Efficiency drive loses government £81m
Department for Transport efficiency drive to save £57m sets it back by £81m
Department for Transport efficiency drive to save £57m sets it back by £81m
An efficiency drive meant to save The Department for Transport £57m actually
cost it £81m, according to an NAO report.
The new computer system, which cost £120m was insufficiently tested.
‘Decisions to save money on system testing proved to be a false economy,’ the
report stated.
Public Accounts Committee chairman Edward Leigh likened the problems to
sitcom Yes Minister: ‘ [The DFT] has managed to implement an efficiency drive
that would have been familiar to Sir Humphrey Appleby.’
Further reading:
Read
the Press Association’s story
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleNigel Farage has pledged to raise the personal tax-free allowance to £20,000, a move the Institute for Fiscal Studies says could cost up to £80bn annu...
View articleThe Bank of England will delay its much-anticipated interest rate decision tomorrow (Thursday, May 8) by precisely two minutes to observe a national m...
View articleChancellor Rachel Reeves has ruled out any increases to UK wealth taxes in the upcoming Autumn Budget, putting an end to speculation over potential hi...
View articleWhen Chancellor Rachel Reeves rises to deliver her Spring Statement on Wednesday, she will be doing so with a tighter fiscal straitjacket than any of ...
View articleAccountants urged to monitor fiscal impact amid rising debt concerns Read More...
View articleTo fund this sustainably, the top one percent of high-value properties, such as large warehouses used by online giants will be asked to pay more to su...
View articleThe UK’s tax landscape faces its most significant overhaul in decades with the new Finance Bill potentially marking the end of non-dom tax statu...
View articleFollowing the UK Budget announcement, key figures across finance, tax, and business have responded to the Chancellor’s measures, highlighting potentia...
View article