Source · Select Committees · Public Accounts Committee
Recommendation 14
14
Accepted
Department for Business and Trade exceeded its Voted Resource Expenditure limit by £219 million
Recommendation
The Department for Business and Trade was authorised a Voted Resource Annually Managed Expenditure limit of £950,594,000. Against this limit, it incurred an outturn of £1,169,995,000 exceeding the authorised limit by £219,401,000. 2 Office of Qualifications and Examinations Regulation (Ofqual) Annual Report and Accounts 2023–24 HC 27, published 29 July 2024 3 Department for Business and Trade Annual Report and Accounts 2023–2024 HC 391, published 30 January 2025 6
Government Response Summary
HM Treasury has laid the Statement of Excesses 2023-24, included in the Supply and Appropriation (Anticipation and Adjustments) Act 2025, providing additional resources via an Excess Vote which received Royal Assent on 11 March 2025.
Government Response
Accepted
HM Government
Accepted
3. PAC conclusion: The Department for Business and Trade was authorised a Voted Resource Annually Managed Expenditure limit of £950,594,000. Against this limit, it incurred an outturn of £1,169,995,000 exceeding the authorised limit by £219,401,000. 3a. PAC recommendation: Under the terms of the Standing Order of the House of Commons number 55(2)(d), we recommend that Parliament provides the additional resources by means of an Excess Vote, as set out in Figure 1. 3.1 The government agrees with the Committee’s recommendation. Recommendation implemented: March 2025 3.2 Following the publication of the 2023-24 excesses by the Committee, HM Treasury has laid the Statement of Excesses 2023-24. These excesses are included in the Supply and Appropriation (Anticipation and Adjustments) Act 2025 providing the additional resources by means of an Excess Vote which received Royal Assent on 11 March 2025.