National Audit Office (United Kingdom) in the context of Executive Agency


National Audit Office (United Kingdom) in the context of Executive Agency

⭐ Core Definition: National Audit Office (United Kingdom)

The National Audit Office (NAO) is an independent Parliamentary body in the United Kingdom which is responsible for auditing central government departments, government agencies and non-departmental public bodies. The NAO also carries out value for money (VFM) audits into the administration of public policy.

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National Audit Office (United Kingdom) in the context of Hetan Shah

Hetan Shah is the chief executive of the British Academy and the chair of Our World in Data. In 2024 he was appointed by the UK Parliament to the Board of the National Audit Office, the UK's spending watchdog. He is a visiting professor at King's College London and a Fellow of Birkbeck, University of London. He served as executive director of the Royal Statistical Society from 2011 to 2019.

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National Audit Office (United Kingdom) in the context of Private Finance Initiative

The private finance initiative (PFI) was a United Kingdom government procurement policy aimed at creating "public–private partnerships" (PPPs) where private firms are contracted to complete and manage public projects. Initially launched in 1992 by Prime Minister John Major, and expanded considerably by the Blair government, PFI is part of the wider programme of privatisation and macroeconomic public policy, and presented as a means for increasing accountability and efficiency for public spending.

PFI is controversial in the UK. In 2003, the National Audit Office felt that it provided good value for money overall; according to critics, PFI has been used simply to place a great amount of debt "off-balance-sheet". In 2011, the parliamentary Treasury Select Committee recommended:

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National Audit Office (United Kingdom) in the context of Type 45 destroyer

The Type 45 destroyer, also known as the D or Daring class, is a class of six guided-missile destroyers built for the United Kingdom's Royal Navy in the early 21st century. The class is primarily designed for anti-aircraft and anti-missile warfare and is built around the PAAMS (Sea Viper) air-defence system using the SAMPSON Active electronically scanned array (AESA) and the S1850M long-range radars. The first three destroyers were assembled by BAE Systems Surface Fleet Solutions from partially prefabricated "blocks" built at different shipyards; the remaining three were built by BAE Systems Maritime – Naval Ships. The first ship in the Daring class, HMS Daring, was launched on 1 February 2006 and commissioned on 23 July 2009.

The Type 45 destroyers were built to replace the Type 42 (Sheffield-class) destroyers that had served during the Falklands War, with the last Type 42 being decommissioned in 2013. The National Audit Office reported that, during an "intensive attack", a single Type 45 could simultaneously track, engage and destroy more targets than five Type 42 destroyers operating together. After the launch of Daring on 1 February 2006, Admiral Sir Alan West, then First Sea Lord, stated that it would be the Royal Navy's most capable destroyer ever, as well as the world's best air-defence ship. The reduction in the number to be procured from twelve, then to (up to) eight, finally with only six confirmed (in 2008) was controversial.

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