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    1. 21 hours ago

      Bill for Sellafield nuclear clean-up jumps 10% says audit office

      The bill to clean up the Sellafield nuclear site in Cumbria has jumped by more than 10 per cent to £53bn, according to the...

    2. February 26, 2015

      Capita rejects fears over flow of contracts after UK election

      Capita, the outsourcing company that runs the London congestion charge and recruitment for the British Army, has dismissed...

    Special Reports

    1. Rail and Metro 2013

      Transport advances pinned on technology...
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    1. February 26, 2015

      Arms companies charged taxpayers for croquet and magicians

      Arms companies have fraudulently charged the taxpayer for croquet lessons, horseracing trips, speeding tickets and...

    2. January 28, 2015

      UK infrastructure lending scheme alarms NAO

      A four year programme to support £40bn of private investment in infrastructure leaves taxpayers with unquantifiable risks...

    3. January 27, 2015

      ‘Havoc’ looms for UK taxman, MPs warn

      The UK’s ability to collect tax will be put at risk by planned changes to IT contracts, according to MPs, who warned that a...

    4. January 23, 2015

      Concerns over future of entrepreneurs’ tax relief

      Small businesses and tax experts have warned against changes to a popular tax break for company owners which has been...

    5. January 16, 2015

      UK spent extra £1bn on foreign aid in 8 weeks

      Civil servants spent an extra £1bn on foreign aid in just eight weeks to ensure they hit government spending targets,...

    6. January 13, 2015

      Mounting military equipment costs put UK troop numbers in peril

      The rising costs of huge new military equipment programmes such as the replacement of Britain’s nuclear deterrent mean the...

    7. January 13, 2015

      Councils claim extra £5bn required to fund school places

      Local authorities have complained that the government has left them nearly £5bn short of the funds they need to provide...

    8. January 12, 2015

      NMP consortium poised to lose Sellafield clean-up contract

      Ministers are poised to strip an industrial consortium of a lucrative management contract to clean up Sellafield, western...

    9. January 8, 2015

      Whitehall under fire for late payment of bills to SMEs

      The government has been urged to improve payments to small companies for public sector work after an official report found...

    10. December 4, 2014

      OBR foresees further setback for universal credit

      The government’s key welfare reform, universal credit, is already running years behind schedule, but Britain’s fiscal...

    11. November 27, 2014

      Autumn Statement 2014: George Osborne to pledge £15bn for UK roads

      George Osborne will promise the “biggest, boldest” road improvement programme for 40 years when he rises in the House of...

    12. November 26, 2014

      UK’s universal credit benefit faces more delay

      The UK’s flagship welfare programme faces more delays, with the National Audit Office warning that the universal credit’s...

    13. November 20, 2014

      Spending watchdog criticises high price of tax reliefs

      A tax break for entrepreneurs selling their businesses cost £2bn more than expected last year, the government’s spending...

    14. November 20, 2014

      Labour seeks probe of Hinkley Point C nuclear project

      Labour has called for the proposed nuclear power station at Hinkley Point to be referred to the Whitehall auditor to examine...

    15. November 20, 2014

      UK National Audit Office attacks civil legal aid cuts

      Cuts to the civil legal aid budget are not delivering better value for money for the taxpayer, the UK’s top spending...

    16. November 19, 2014

      Watchdog warns on cuts to council budgets

      Ministers could be caught unaware by serious financial problems at local councils because of inadequate monitoring, a...

    17. November 6, 2014

      NHS hospital trusts in deficit more than doubles in a year

      The NHS is facing a mounting financial crisis with the number of hospitals in deficit more than doubling in the past year,...

    18. October 30, 2014

      Watchdog warns on failure to intervene in under-performing schools

      Nearly one in four children in England are losing out on a good education because of a continuing failure by government to...

    19. October 21, 2014

      ‘Too little progress’ in removing foreign criminals, says NAO

      Ministers have made little progress in removing thousands of foreign criminals from the UK, despite up to £1bn spent over...

    20. October 10, 2014

      Chart that tells a story – Royal Mail

      What does this show? It has been a year since Royal Mail’s controversial initial public offering. This shows how the...

    21. October 9, 2014

      City should be spared resident evil

      Free markets are threatening the future of the City. That is the paradox of a government plan to allow offices to be...

    22. October 5, 2014

      UK defence spending set for tough decisions

      For Britain’s military chiefs, what the defence minister gave at last week’s Conservative party conference, the prime...

    23. October 3, 2014

      Green energy deals risked over-rewarding developers, say MPs

      The award of contracts worth up to £16.6bn to operators of eight sustainable energy projects by ministers failed to secure...

    24. August 19, 2014

      The glitches in government IT contracts

      The £224m compensation awarded to US defence contractor Raytheon this week has underscored continuing concerns over the...

    25. August 6, 2014

      Second senior Bank of England official quits in one week

      A top regulator at the Bank of England has quit for the private sector in the second significant departure from the...

    26. July 27, 2014

      Flagship government housing scheme shifts cash from north

      A flagship £7bn government scheme to tackle Britain’s chronic housing shortage has shifted cash from poor northern councils...

    27. 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...

    28. 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...

    29. 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...

    30. 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...

    31. 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...

    32. 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...

    33. 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...

    34. 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...

    35. 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...

    36. 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...

    37. 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....

    38. 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...

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