Many ICAEW members work in or with the public sector to deliver public priorities and strong public finances. ICAEW acts in the public interest to support strong financial leadership and better financial management across the public sector – featuring transparency, accountability, governance and ethics – to ensure that public money is spent wisely and that public finances are sustainable.
Join the Public Sector CommunityIn addition to traditional investigations of misused public monies, EU anti-fraud activity last year had to tackle COVID-19 related fraud, from counterfeit personal protective equipment to raising awareness of the risk of fake vaccines.
This week’s chart looks at how much progress there has been in vaccinating an estimated global population of 7.8bn people, and how much is left to be done.
ICAEW’s Women in EU Finance Network recently hosted an online panel debate looking at how incorporating a gender perspective into fiscal planning and budgetary processes can help with the assessment and targeting of the effects of policy actions and public spending on different genders.
This week’s chart tracks railway usage, illustrating how passenger journeys in Great Britain dropped by 77.7% from 1,739m trips in 2019-20 to 388m in the year to 31 March 2021.
Recent reports into the Windrush Compensation Scheme and COVID-19 business support grants highlight how government can improve its administration of grants to individuals and businesses.
National Audit Office says the UK government acted at unprecedented speed to respond to the virus, but needs to build resilience and management capabilities if it is to cope better with future emergencies.
Parliament has increased the National Audit Office (NAO) resource budget by 5.6% to £80.52m for 2021-22 but this is relatively small compared to the increased audit risk and £372bn costs arising from the COVID-19 pandemic.
Will there be a rush to spend the £7,000 in household net cash savings built up over the course of the pandemic?