Select Committee · Public Accounts Committee

BEIS Annual Report & Accounts 2020-21

Status: Closed Opened: 12 Jan 2022 Closed: 2 Sep 2022 4 recommendations 16 conclusions 1 report

Gareth Davies, the Comptroller and Auditor General (C&AG) of the National Audit Office, has qualified his audit opinion on the Department for Business, Energy and Industrial Strategy 2020-21 accounts because of the material levels of fraud and error in COVID-19 business support scheme expenditure . The Committee will question senior officials at BEIS on the … Show more

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Reports

1 report
Title HC No. Published Items Response
First Report - Department for Business, Energy & Industrial… HC 59 18 May 2022 20 Responded

Recommendations & Conclusions

12 items
5 Recommendation First Report - Department for Business,… Acknowledged

The Department has yet to set out how it is learning lessons from managing its...

The Department has yet to set out how it is learning lessons from managing its COVID-19 business support schemes to better protect taxpayers’ money Department for Business, Energy & Industrial Strategy Annual Report and Accounts 2020–21 7 in future. The Department now has two years’ worth of experience designing, implementing, … Read more

Government response AI summary
The department continues to refine its estimates of the levels of fraud and error across its COVID-19 business support schemes and will publish revised estimates in its 2021-22 annual report and accounts due to be published in Autumn 2022. The COVID-19 loan schemes are delegated …
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HM Treasury
1 Conclusion First Report - Department for Business,… Acknowledged

On the basis of a report by the Comptroller and Auditor General we took evidence...

On the basis of a report by the Comptroller and Auditor General we took evidence from the Department for Business, Energy & Industrial Strategy (the Department) on its performance in 2020–21.1

Government response AI summary
The government agrees with the Committee’s recommendation and will publish revised estimates in its 2021-22 accounts. The Department will publish revised estimates in its 2021-22 accounts.
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HM Treasury
8 Conclusion First Report - Department for Business,… Acknowledged

Of the £21.8 billion grant funding the Department provided to local authorities to distribute in...

Of the £21.8 billion grant funding the Department provided to local authorities to distribute in their areas in 2020–21, the Department has so far attempted to assess the extent of fraud and error in only £11.5 billion of this funding, and through a sample of only 476 grants. This very … Read more

Government response AI summary
The government agrees with the Committee’s recommendation. The general principle applies that local authorities are responsible and accountable for the lawful use of funds under Section 151 of the Local Government Act 1972. Further details to be provided in due course, detailing how full cooperation …
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HM Treasury
9 Conclusion First Report - Department for Business,… Acknowledged

The success of these larger samples relies on the capacity and cooperation of local authorities...

The success of these larger samples relies on the capacity and cooperation of local authorities to respond to the Department’s requests for information.34 The Department considers that it has not yet given local authorities the opportunity to do the necessary reconciliations, as it has been asking so much of them … Read more

Government response AI summary
The government agrees with the Committee’s recommendation, noting that local authorities are responsible for the lawful use of funds and must take steps to recover any payment made in fraud or error before BEIS becomes liable. BEIS will pursue collection of all outstanding debt unless …
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HM Treasury
10 Conclusion First Report - Department for Business,… Acknowledged

Despite recognising these limitations and uncertainty in its current estimates, the Department does not believe...

Despite recognising these limitations and uncertainty in its current estimates, the Department does not believe that its grant funding has been subject to significant fraud.40 It suggests that fraud will ultimately range between 1% and 2%, which it would consider as ‘normal’ and consistent with its expectations.41 Conversely, it suggests … Read more

Government response AI summary
The government acknowledges the limitations and uncertainty in its current estimates, states that over £4 million has been voluntarily repaid from large companies and debt recovery of irregular payments due to error, fraud, or non-compliance is underway, and that full assurance work is underway and …
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HM Treasury
12 Conclusion First Report - Department for Business,… Acknowledged

Having sampled only 476 grants distributed by local authorities out of circa one million grants...

Having sampled only 476 grants distributed by local authorities out of circa one million grants made, the Department therefore has very little visibility of which businesses have benefited from these schemes.45 It cannot say whether many businesses in receipt of grants were eligible, and whether those that were both eligible … Read more

Government response AI summary
The government agrees with the recommendation and states that lessons learned from delivering the initial COVID-19 support grants is that greater assurance can be obtained through mandating pre-payment eligibility checks by local authorities, improved assurance sampling design, innovative data collection and management, as well as …
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HM Treasury
13 Conclusion First Report - Department for Business,… Acknowledged

The Department was responsible for a substantial component of government’s overall financial response to the...

The Department was responsible for a substantial component of government’s overall financial response to the pandemic, resulting in the third-largest estimated lifetime costs of any department, as reported by the National Audit Office’s COVID-19 cost tracker.46 We have previously reported that government prioritised speed when designing and implementing measures to … Read more

Government response AI summary
The government acknowledges the economic crisis brought about by the COVID-19 pandemic required an extraordinary response from government and that the design of certain COVID-19 business support schemes, combined with the pace at which they were being implemented, would create a heightened vulnerability to fraud …
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HM Treasury
14 Conclusion First Report - Department for Business,… Acknowledged

Registrations of new companies on Companies House increased sharply during 2020–21.

Registrations of new companies on Companies House increased sharply during 2020–21. During the period 2015–16 to 2019–20, annual new company registrations averaged 640,000. By comparison, in 2020–21 there were more than 810,000, making new company registrations in that year more than 20% higher than in any of the preceding five.51 … Read more

Government response AI summary
The government agrees with the Committee’s recommendation. The economic crisis brought about by the COVID-19 pandemic required an extraordinary response from government. The department was clear at the outset that the design of certain COVID-19 business support schemes, combined with the pace at which they …
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HM Treasury
15 Conclusion First Report - Department for Business,… Acknowledged

The Department launched its first COVID-19 business support scheme shortly after the first lockdown was...

The Department launched its first COVID-19 business support scheme shortly after the first lockdown was announced on 23 March 2020. Since then, the Department has launched many more, and now has around two years’ worth of experience of designing, implementing, and managing its COVID-19 business support schemes.56 It has taken … Read more

Government response AI summary
The government agrees with the Committee’s recommendation and will publish revised estimates for Cohort 1 grants and first estimates for the subsequent schemes in its 2021-22 annual report and accounts. The department will write to local authorities with the findings and asking them were relevant …
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HM Treasury
17 Conclusion First Report - Department for Business,… Acknowledged

The Department has commissioned evaluation of its business support schemes; however, it cautioned that it...

The Department has commissioned evaluation of its business support schemes; however, it cautioned that it is proving challenging to separate the impact of various aspects of government’s overall support package which also included, for example the furlough scheme.61 Several of the Department’s major areas of expenditure in the coming years, … Read more

Government response AI summary
The government agrees with the committee's recommendation to refine estimates of fraud and error across its COVID-19 business support schemes and will publish revised estimates in its 2021-22 annual report and accounts, and will write to local authorities to start the debt recovery process.
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HM Treasury
18 Conclusion First Report - Department for Business,… Acknowledged

Between 1997 and 2000 the Post Office implemented a new IT system called Horizon.

Between 1997 and 2000 the Post Office implemented a new IT system called Horizon. This system is now known to be responsible for accounting discrepancies that suggested, for example, shortfalls of cash in Post Office branches.62 At the time, the Post Office considered some of these shortfalls to be caused … Read more

Government response AI summary
The government acknowledges the devastating impact of the Horizon scandal on postmasters and states that it is right that affected postmasters are properly compensated. They will share letters with the Committee from BEIS to Post Office, providing assurances for the Historical Shortfall Scheme, interim and …
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HM Treasury
20 Conclusion First Report - Department for Business,… Acknowledged

The Department currently estimates that the scheme is likely to cost £153 million, of which...

The Department currently estimates that the scheme is likely to cost £153 million, of which £89 million is from the Post Office and £65 million is from the Department.65 The Department noted that its contribution was its current best estimate, and did not represent a hard and fast limit: should … Read more

Government response AI summary
The government agrees with the committee's recommendation and states it has provided over £2.5 billion in funding to the Post Office network over the past decade and will provide a further £335 million over the next three years, and will share letters with the Committee …
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HM Treasury

Correspondence

1 letter
DateDirectionTitle
11 Jul 2022 Correspondence from Sarah Munby, Permanent Under-Secretary of State, Department…