Source · Select Committees · Public Accounts Committee
Recommendation 22
22
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
A response document is linked to this report, dated 7 April 2026. Response attribution to this conclusion has not been verified. Read the response document ↗