Source · Select Committees · Public Accounts Committee
Recommendation 20
20
The NAO found, however, that it was not clear from the documentation shown to them...
Conclusion
The NAO found, however, that it was not clear from the documentation shown to them what process the Bank operated to decide upon adequate stock levels, and how the cost implications of doing so were taken into account when building up stocks.48 When pressed by us, the Bank accepted that it needs to improve the transparency with which it takes note printing decisions.49 The Mint’s UK coin production