Source · Select Committees · Public Accounts Committee
2nd Report - NAO financial audit insights 2024–25
Public Accounts Committee
HC 94
Published 22 May 2026
Recommendations & Conclusions
5
Recommendation
Accepted in Part
The money that government estimates it owes under various compensation schemes has risen in recent...
Recommendation
The money that government estimates it owes under various compensation schemes has risen in recent years, reaching £73.4 billion by the end of 2024–25, an £11.8 billion increase on the previous year. Annual payments from the government’s current largest ongoing …
Read more
Government Response Summary
The government agreed to undertake an international review of compensation schemes focusing on design, funding, and delivery features. However, it explicitly stated that strict benchmarking of costs as a percentage of GDP would risk misleading conclusions, opting instead for appropriate comparisons of schemes' scope and costs.
HM Treasury
View Details →