Help to Buy ‘broke Treasury rules’, says PAC

If you can't see the Public Finance Daily email below click here to view the web version

News and comment from Public Finance - the official magazine of CIPFA

18 June 2014 | Public Finance Home | Contact us | Sign up

Help to Buy ‘broke Treasury rules’, says PAC
The Help to Buy equity loan programme violated Treasury guidelines because it was introduced without an assessment of the alternatives, MPs have suggested today. Examining the scheme, the Public Accounts Committee said the government had yet to demonstrate that it provided value for money...

News

Whiteman proposes quango accountability reforms
The role of Whitehall finance directors could be expanded to help improve transparency and decision-making, CIPFA chief executive Rob Whiteman has suggested...

Corrigan: NHS must remove barriers to reform
A former health advisor to Tony Blair has warned that the NHS faces a dual crisis of affordability and quality, and must remove barriers to structural reform to improve provision...

Ethical standards ‘needed for outsourced services’
Ethical standards should be incorporated into the contractual and monitoring arrangements for companies and charities delivering outsourced public services, the Committee on Standards in Public Life has said...

Management of local PFI waste schemes criticised
The management of three local authority-led Private Finance Initiative waste projects has been criticised by government auditors for a lack of clarity...

More news

CIPFA Conference

Tweeting the CIPFA conference
The PF team will be bringing you latest news straight from this year's CIPFA conference in London. You'll be able to follow on Twitter using the #CIPFA2014 hashtag...

CIPFA 2014

Public Finance International

UK to provide £3m emergency assistance to Iraq
The UK is to provide an initial £3m in emergency humanitarian assistance to help civilians fleeing the militant insurgency in Northern Iraq, the government has said...

More international news

Opinion

Power politics: drowning, not waving, by Michael Ware
The Department of Energy and Climate Change has decided that wave power is the future and is offering huge subsidies. But if money could be made from the surface of the sea, the private sector would have done so a long time ago...

Green energy: the local revolution, by Paul O'Brien
Controversy over energy policy continues to be a major political issue. A council-led ‘green energy revolution’ could help tackle climate change, save money and boost local economies...

More opinion