- My Account
- Logout
- Register
- Login
Warning over Government budgets
Related Articles
20 January 2008
Although central government spending is set to hit £678 billion by 2010-11, the National Audit Office disclosed that not one permanent secretary - the senior civil servants in charge of Whitehall departments - had a professional finance qualification.
Six government bodies did not have even a professionally qualified finance director on their main board, despite a Treasury department requirement to do so.
They included the big-spending Ministry of Defence - which accounts for £40 billion of government expenditure - as well as the Department for International Development, the Crown Prosecution Service, the Office of Fair Trading, the Office of Gas and Electricity Markets and the Water Services Regulation Authority.
Fewer than half of all departments - 40% - "invariably" provided ministers and senior officials with a full analysis of the financial implications of their policy proposals, the NAO said.
"I have to wonder if financial management is being taken as seriously as it should be," said Edward Leigh, the chairman of the Commons Public Accounts Committee which oversees the work of the NAO.
"There has been an improvement in how departments manage their financial resources, but with public finances as they are things are going to get much tougher."
Top stories in News in brief
News in brief in Pictures
Top stories in News in brief
News in brief in Pictures
-
London gets ready for the Diamond Jubilee - in pictures
-
EXCLUSIVE: I won't play with Joey Barton, says Adel Taarabt
-
Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO
-
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
News pictures of the day
-
Locked up and banned: The Tube drunk whose vile racist rant was caught on film (video)
-
London 2012 Olympics: Raising the bar and the Games haven't even started yet. Price of toasting Team GB is £6 a pint! -
Timebomb ticking in Thames Estuary could put Boris Island plans in jeopardy -
Regent’s Park rapist: Teenage jogger assaulted by stranger in terrifying 7am attack -
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
A home to be proud of with Halifax
Download the Halifax's brilliant, free new Home Finder app, and take all the pain out of finding your dream home.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Why I think doctors are right to strike
Family pay tribute to the London man who gave his life to save a five-year-old girl from drowning
Eton schoolboys fly Games flag on Everest
Horror on the 5.53! Commuter dragged 200 feet after getting hand trapped on train
Shrimpy's - review