‘Millennium bomb minister’ David Clark was criticised in parliament on Monday for failing to provide accurate cost estimates for fixing public-sector computer systems.
In his quarterly report on millennium compliance, the Chancellor of the Duchy of Lancaster said estimated costs for central government systems had risen from #393m to #402m. Nobody knows what the total cost for the public sector would be, he said, but the prime minister’s recent estimate of up to #3bn ‘was probably as good a guess as any’.
Shadow trade and industry minister John Redwood and former science and technology minister Ian Taylor led the Conservative attack. ‘A failure to provide a ballpark figure would imply no proper audit of the problem has been carried out by some of the decentralised public services,’ said Taylor.
Next week, the Audit Commission will report on estimates drawn from auditors nationwide. While the National Audit Office recently estimated the NHS’s year-2000 costs to be #200m to #250m, Clark indicated the Audit Commission estimate could run as high as #850m.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast