Source · Select Committees · Public Accounts Committee
Recommendation 22
22
Acknowledged
Treasury's 'earned autonomy model' for NS&I means intervention only occurs after issues emerge
Conclusion
NS&I has its own accounting officer and its own Board, and is responsible for the Programme, while the Treasury is NS&I’s sponsor in government and also has a role overseeing major programmes across government.64 The Treasury told us that it has to judge how it provides this oversight, operating an “earned autonomy model”, so that “If everything is going well, we will leave it more alone, and if not, we will intervene”.65
Government response summary AI-generated
The Treasury and NS&I acknowledge concerns about the Treasury's oversight role and are committed to addressing them through robust planning, risk management, and governance, including developing a comprehensive integrated plan and strengthening systems integration capabilities.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Acknowledged
HM Government · verbatim extract
Acknowledged
The Treasury and NS&I acknowledge these concerns and are committed to addressing them through robust planning, risk management, and governance. NS&I is working to develop a comprehensive integrated plan that includes clear timelines, cost estimates, and resource allocation. NS&I has strengthened its systems integration capabilities and is ensuring that decisions are based on sound evidence and analysis.
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