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  1. July 22, 2014

    UK taxman criticised over £10bn IT costs

    HM Revenue & Customs has been lambasted by an influential MP for its “unacceptably poor” management of its multibillion IT...

  2. July 3, 2014

    HMRC miscalculated targets by almost £2bn

    HM Revenue & Customs wrongly claimed to have beaten its tax collection targets by billions of pounds after miscalculating...

Special Reports

  1. Rail and Metro 2013

    Transport advances pinned on technology...
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  1. July 2, 2014

    UK job groups set for more than £30m in bonuses

    More than £30m in bonuses is due to be paid to companies delivering the government’s welfare-to-work programme, despite its...

  2. June 27, 2014

    National Audit Office attacks cost of early green projects in UK

    Energy costs for consumers were pushed up by the UK government’s decision to award £16.6bn of early subsidies to renewable...

  3. June 22, 2014

    Labour plans to halt Universal Credit for full review

    A Labour government would call a three-month halt to Universal Credit, the flagship government welfare reform, until a full...

  4. June 16, 2014

    UK army chief warns of need to mobilise former soldiers

    Troops who have left the army will have to be recalled if ministers want the service to be able to do everything required of...

  5. June 11, 2014

    Army cuts ‘risk increasing Treasury costs’

    Philip Hammond’s scheme to redesign the army was badly planned, unrealistic and may make it difficult for troops to do their...

  6. June 10, 2014

    Army cuts report delayed by MoD intervention

    The UK public spending watchdog has delayed the publication of a highly critical report into plans to slash the size of the...

  7. June 9, 2014

    Plan to boost UK army reserves under fire

    A plan to restructure the armed forces has been placed on a government list of troubled projects in a blow to Number Ten’s...

  8. June 5, 2014

    ‘Stop/start’ funding for roads criticised by watchdog

    The Department for Transport has been criticised for its “stop/start funding” for road maintenance and improvement works by...

  9. FT Alphaville

    May 21, 2014

    Mail fail, part 3: next time, things will be different

    The absence of misconduct or incompetence in the Royal Mail IPO may be, perversely, the most disturbing possible conclusion....

  10. FT Alphaville

    May 21, 2014

    Mail fail, part 1: what dividends didn't yield

    Empirical experiments that test corporate finance theory are fun. Unless the taxpayer ends up on the wrong side. That’s the...

  11. May 16, 2014

    Government looks set to retain Royal Mail stake

    Ministers bruised by the squabble over the Royal Mail privatisation appear in no hurry to start selling the state’s...

  12. May 12, 2014

    Capita eclipses rivals to win £1.1bn of first-quarter business

    Capita has eclipsed its outsourcing rivals Serco and G4S to win £1.1bn of work in the first quarter of this year, with new...

  13. April 29, 2014

    Confidence in NHS waiting times dented

    Public confidence in whether hospitals are meeting waiting time targets is being undermined by “a hotchpotch of IT and...

  14. April 7, 2014

    Cable faces more questions on Royal Mail

    Vince Cable is being recalled by MPs to give further evidence about the government's privatisation of the Royal Mail, after...

  15. April 2, 2014

    No ‘gentleman’s agreement’ on Royal Mail, says Vince Cable

    Vince Cable on Wednesday denied that there was any “gentleman’s agreement” with blue-chip investors on Royal Mail...

  16. FT Alphaville

    April 1, 2014

    A right Royal listing, charted

    The UK’s National Audit Office has delivered its opinion on the privatisation of that other British institution, Royal Mail....

  17. April 1, 2014

    Taxpayer lost out to big investors in mail float, says watchdog

    Blue-chip investors made “substantial” profits from selling their allocation of Royal Mail shares within weeks of its...

  18. March 28, 2014

    A fifth of UK big businesses pay no corporation tax

    One in five of Britain’s large businesses paid no corporation tax last year, while more than half paid less than £10m,...

  19. March 28, 2014

    Farm and business inheritance tax reliefs double in five years

    The cost of exempting agricultural land and businesses from inheritance tax has more than doubled over the past five years,...

  20. March 13, 2014

    Cutbacks put care providers at risk of collapse, NAO warns

    Private providers of social care services are at risk of collapse owing to steep cuts in the amount of money they receive...

  21. March 12, 2014

    4G auction preserved competition, says spending watchdog

    The auction of 4G spectrum last year has been commended by the UK’s public spending watchdog for maintaining competition....

  22. March 9, 2014

    UK’s Serious Fraud Office outsmarted by white-collar criminals

    The amount of ill-gotten gains the Serious Fraud Office is recovering from convicted white-collar criminals is falling as...

  23. February 25, 2014

    ‘Significant’ amount of £2.6bn Regional Growth Fund is unspent

    Most of a £2.6bn government fund set up to boost regional economies remains unspent, while the cost of creating jobs has...

  24. February 23, 2014

    Crown Prosecution Service targets improved asset recovery operation

    The Crown Prosecution Service will pledge to improve its track record on recovering ill-gotten gains and will deploy...

  25. February 13, 2014

    Deadlock over MoD plan for private sector arms experts

    The Treasury and Ministry of Defence are at loggerheads over proposed reforms that would allow the MoD to break civil...

  26. February 6, 2014

    Royal Mail privatisation row reignites

    A range of investment banks valued Royal Mail last spring at up to £1.5bn more than it was eventually sold for, according to...

  27. January 28, 2014

    Reviving the BBC after the scandals

    Since Tony Hall took over at the BBC last year, the director-general has been on a mission to refocus the broadcaster’s...

  28. January 28, 2014

    Watchdog attacks BBC management over digital project

    Director-General Tony Hall’s decision to scrap a flagship BBC technology project costing nearly £100m has come under...

  29. January 27, 2014

    BBC: the agony of managing ‘Auntie’

    Greg Dyke told staff “to cut the crap”, Mark Thompson insisted on one-to-one meetings, and George Entwistle . . . well, he...

  30. January 24, 2014

    UK ministers cap government IT contracts at £100m

    New rules published on Friday have set a limit of £100m for government IT contracts. The changes comes after a National...

  31. January 10, 2014

    NAO criticises G4S and Serco on accommodation for asylum seekers

    Scandal-hit security companies G4S and Serco are facing new criticisms from the public spending watchdog that they have...

  32. January 6, 2014

    NHS property company bailed out months after launch

    A company set up under controversial health reforms to manage the NHS property portfolio had to be bailed out just months...

  33. FT Alphaville

    January 2, 2014

    Rawhide in China

    China says rollover. From the FT’s Simon Rabinovitch: Faced with a mountain of maturing loans this year, China has given...

  34. December 30, 2013

    Fears after key China debt level soars 70%

    Local government debt levels in China have soared to almost $3tn in less than three years, according to an official audit...

  35. December 26, 2013

    Enterprise zones fall short on jobs targets

    David Cameron’s new wave of 24 enterprise zones is falling far short of the government’s targets for job creation, with...

  36. December 26, 2013

    Opinion divided on success of enterprise zones

    Enterprise zones policy can take longer to yield results than politicians imagine. Zones with established infrastructure...

  37. December 18, 2013

    Taxpayers lost out in first sale of Lloyds shares

    The first sale of state-owned shares in Lloyds Banking Group resulted in a £230m loss for taxpayers, even though investors...

  38. December 13, 2013

    UK plans university enterprise zones

    The coalition plans to create a series of “university enterprise zones” aimed at finding the next Microsoft or Yahoo,...

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