Source · Select Committees · Public Accounts Committee

67th Report - NS&I’s transformation programme

Public Accounts Committee HC 1237 Published 13 February 2026
Report Status
Government responded
Conclusions & Recommendations
29 items (5 recs)
Government Response
AI assessment · 7 of 29 classified
Accepted 5
Acknowledged 1
Not Addressed 1
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Conclusions (1)

Observations and findings
1 Conclusion Acknowledged
On the basis of a report by the Comptroller and Auditor General, we took evidence from National Savings & Investments (NS&I) and from HM Treasury (the Treasury) on NS&I’s Business Transformation Programme.1
Government Response Summary
The government acknowledges the Committee's foundational conclusion and provides an update on NS&I's Business Transformation Programme, including plans for developing options for a revised Full Business Case by Q2 2026-27 and leadership changes to address operational failures.
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