House of Commons - Administration and expenditure of the Chancellor's departments, 2007-08 - Treasury

House of Commons portcullis

House of Commons

Session 2008-09
Publications on the internet
Treasury Committee Publications

Treasury - First Report
Administration and expenditure of the Chancellor's departments, 2007-08

Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 14 January 2009.

Contents

Terms of Reference

Summary
1  Introduction
2  The Treasury Group's own resources

Background
Under-spending and End-Year Flexibility
The Gershon efficiency programme in the Treasury Group
Financial reporting

3  The Treasury as a central department

The role of the Treasury
Management of Nationalised Banks
Implementation of International Financial Reporting Standards
Financial authorisation and the alignment project

4  The work of the Debt Management Office

Background
Gilt issuance and the banking crisis
Communication with the market
Coverage of gilt auctions
DMO capacity
Financial Performance and Reporting
Commissioners for the Reduction of the National Debt

5  The Treasury Group's performance against objectives

Introduction
Regional Economic Growth
Child Poverty
Cross-Government delivery of PSA targets
Lisbon Goals
New Performance Targets

6  HM Revenue & Customs

Background
Senior management changes
Transformation and efficiency
Fraud and data security
Managing PFI contracts

7  The work of the Valuation Office Agency

Background
Financial Performance and Reporting
Staff Management
Ports

Communication
Port Occupiers and Port Operators
Backdating of charges

The Government's solution

8  The work of the Government Actuary's Department

Background
Financial Performance and Reporting
Staff Management
Miners' pensions valuation
Equitable Life

Conclusions and recommendations
Formal minutes of the Treasury Sub-Committee
Formal minutes of the Treasury Committee
Witnesses
List of written evidence
List of Reports from the Treasury Committee during the current Parliament

Oral and Written Evidence
Wedneday 15 October 2008
Wedneday 22 October 2008
Wedneday 29 October 2008
Wedneday 26 November 2008
Written Evidence

© Parliamentary copyright 2009
Prepared 23 January 2009