National Audit Office
National Audit Office
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How DCMS is handling repayments of COVID-19 loans to rugby clubs, theatres, and more
Between October 2020 and March 2022, DCMS lent £474m to 120 borrowers in the sports and culture sectors to help them weather the financial shock of lockdown:
- £145.1m of culture loans went to performing arts organisations
- £123.8m of sports loans went to top tier English rugby union clubs - 26% of all loans
By October 2024, DCMS had received 97% of the repayments from solvent borrowers it had scheduled by that date.
But some risks remain:
- up to £29m in loans to insolvent borrowers are not expected to be recovered
- DCMS may have to deal with a greater number of difficult cases once all borrowers start repaying
- 3 of 13 top tier rugby clubs had become insolvent by June 2023, highlighting the sport’s financial difficulties
We recommend that DCMS models the expected costs of managing the loan book over its lifetime, to include planning for future scenarios where the loss of public money may be a risk.
Read our report on DCMS's management of its COVID-19 loan book: www.nao.org.uk/reports/dcmss-management-of-its-covid-19-loan-book/
Переглядів: 34

Відео

Progress on the rollout of public chargepoints for electric vehicle
Переглядів 139День тому
Public electric vehicle chargepoints instillations are on track to meet 300,000 targeted across the UK by 2030. But there are challenges to address including the location of chargepoints, their accessibility, and wider barriers such as planning rules. Decarbonising transport is the biggest difference the UK can make to achieving its net zero targets, contributing 28% of emissions in 2022, half ...
Allocating resources: insights for government's finance leaders
Переглядів 26День тому
Good financial management matters. The public sector has limited resources, making the expectation to deliver more with less a huge challenge. Government organisations need to get more from every pound spent. Our series of good practice guides on improving financial management in government, looking across the whole financial management lifecycle, helps finance leaders do just this. Our latest ...
How government can make digital transformation work
Переглядів 36День тому
The digital transformation of government services could save over £1 billion and drive innovation. There’s a lot of opportunity for digital transformation to make public money work harder, but it’s not without risk. Watch our video on the opportunities and risks in government's digital transformation, and what it can do to get the most out of innovative technologies like AI. We cover the import...
How government can innovate, and how to evaluate what works
Переглядів 1814 днів тому
Government faces big and emerging challenges - to tackle these, it must be prepared to innovate. Innovation unlocks opportunities to achieve more with less. Evaluation is important too - letting you ask what has worked, what hasn’t, and why. Watch our video on how government can manage innovation effectively, coupling this with robust evaluation. We look at using evidence and setting risk appet...
20,000 extra prison places to be delivered 5 years later than expected
Переглядів 27214 днів тому
The new completion date for building 20,000 extra prison places is 2031 - five years later than expected - putting pressure on prison capacity and increasing costs. The prison capacity crisis is the result of previous governments’ failure to ensure that the number of prison places was aligned with criminal justice policies such as sentencing and police numbers. Coupled with delays in the curren...
Making sure the data government uses is timely and robust
Переглядів 5614 днів тому
Good data helps people spot problems early, generate new insights, and learn from what is and isn’t working. But the insights you gain are only as good as the data you put in. Watch our video on how departments could get more out of the data they hold, ensuring that it's both timely and robust. We cover the quality of data, the importance of having consistent data standards, and why sharing dat...
How to have the right leadership, culture, and skills in place
Переглядів 2521 день тому
At £284.5 billion, salaries are the biggest element of public sector running costs. So, it’s important that the right people are in place to make public money work harder. Watch our video on leadership, skills and culture. We cover having the right people within teams and the right people at the right time through workforce planning, along with encouraging an open culture where you can speak up...
A sustainable planning and spending framework for government
Переглядів 2521 день тому
From crumbling school buildings to building new IT infrastructure, government has a daunting list of areas that need funding and improvement, and limited resources to do so. A sustainable approach to planning and spending will make public money work harder. Watch our video on the importance of this. Avoiding short-term thinking, planning across departments and prioritising financial management ...
Investigation into NHS Dentistry
Переглядів 1,7 тис.21 день тому
The dental recovery plan is not on course to fulfil its ambition of an additional 1.5 million treatments by March 2025, which even if achieved would still mean 2.6 million fewer treatments were carried out compared to six years ago. Access to NHS dentistry across England remains consistently below pre-pandemic levels, with 40% of adults recorded as having seen an NHS dentist in the 24 months up...
Government spend the £393 billion on procurement every year - here's it can improve procurement
Переглядів 7221 день тому
Government spends £393 billion each year procuring goods and services. This is around one third of the money government spends each year, equivalent to 15% of GDP. But there’s lots more government needs to do if it is to maximise value for money for departments and taxpayers. This includes government boosting competition among suppliers, which can enhance quality, reduce costs and increase scop...
Managing Conflicts of Interest
Переглядів 172Місяць тому
Ineffective systems for managing conflicts of interest risk compromising civil servants’ objectivity. Conflicts of interest arise when an individual’s ability to perform a role is, could be, or could appear to be influenced by a secondary interest. Most public servants are working hard to do the right thing, while organisations are also aware of the shortcomings in their systems and recognise t...
How government can tackle fraud and error?
Переглядів 51Місяць тому
When it comes to reducing fraud and error, it’s not enough for government to get better at recognising and reporting them. It can’t be seen to tolerate them either. How can government limit fraudulent activity and processing errors, potentially saving billions of pounds a year? Our video makes three key recommendations: assess the potential for fraud and error; design out fraud and error by foc...
Managing government's £496 billion worth of assets in a way that makes public money work harder
Переглядів 50Місяць тому
Government assets - land, buildings, hardware and software - are worth nearly half a trillion pounds. These assets have annual running costs of £21.7 billion. Assets need regular maintenance to ensure they are fit to deliver reliable public services. And it’s usually cheaper to look after things than to repair them once they’re broken. But not all assets are managed well, so what can government...
The roles of regulators in a changing world - National Audit Office Webinar
Переглядів 108Місяць тому
On the 4th November 2024, the NAO hosted a webinar with a range of regulators on how they regulate in a changing world. We spoke to Colin McLeod, head of the UK Space Regulator at the CAA, Neil Lawrence, Director of Delivery and Schemes at Ofcom, and Cheryl Wilson, also of Ofcom, who leads on strategy for delivery of the Online Safety Bill. We encountered a few technical difficulties at the sta...
The system for preventing cardiovascular disease isn’t working effectively
Переглядів 163Місяць тому
The system for preventing cardiovascular disease isn’t working effectively
Managing major government projects in a way that makes public money work harder
Переглядів 161Місяць тому
Managing major government projects in a way that makes public money work harder
Dangerous cladding: the government's remediation portfolio
Переглядів 44Місяць тому
Dangerous cladding: the government's remediation portfolio
Support for children and young people with special educational needs
Переглядів 970Місяць тому
Support for children and young people with special educational needs
Sellafield nuclear site not yet achieving value for money
Переглядів 566Місяць тому
Sellafield nuclear site not yet achieving value for money
What are National Audit Office Insights?
Переглядів 1872 місяці тому
What are National Audit Office Insights?
Carbon capture, usage, and storage: What is it, and why does the UK government want to invest in it?
Переглядів 1653 місяці тому
Carbon capture, usage, and storage: What is it, and why does the UK government want to invest in it?
Investigation into military support for Ukraine
Переглядів 3523 місяці тому
Investigation into military support for Ukraine
Tackling tax evasion in high street and online retail
Переглядів 3833 місяці тому
Tackling tax evasion in high street and online retail
7 ways that government can save money when procuring common goods and services
Переглядів 383 місяці тому
7 ways that government can save money when procuring common goods and services
Efficiency in government procurement of common goods and services
Переглядів 1293 місяці тому
Efficiency in government procurement of common goods and services
NHS financial management and sustainability
Переглядів 1934 місяці тому
NHS financial management and sustainability
HS2: update following cancellation of Phase 2
Переглядів 4354 місяці тому
HS2: update following cancellation of Phase 2
Government's effectiveness in tackling homelessness
Переглядів 5724 місяці тому
Government's effectiveness in tackling homelessness
The National Space Strategy and the role of the UK Space Agency
Переглядів 2084 місяці тому
The National Space Strategy and the role of the UK Space Agency