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National Audit Office
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China to Boost Local Bond Market
May 14, 2015China is set to boost local debt swap by admitting municipal bonds as collateral for borrowing. Under the new rule, banks can pledge municipal bonds as collaterals in the central bank's repurchase agreement operations and other liquidity ...
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Local Govt Bonds Are Booming
Apr 2, 2015State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...
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There Is No Cyber Security Skills Gap
Dec 3, 2013There is no cyber security skills gap, according to the head of business continuity and information security at The Economist, Vicki Gavin. A National Audit Office (NAO) report earlier this year said that it could take 20 years to address ...
Tags: Computer Products, software
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PAC Have Slammed The Department for Work & Pensions
Nov 8, 2013MPs on the Public Accounts Committee (PAC) have slammed the Department for Work & Pensions (DWP) for "alarmingly weak management" and a "shocking absence of control" in its handling of the Universal Credit welfare programme. The project, ...
Tags: Service
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Mobile Networks Have Been Left Outraged at Ofcom's Decision to Increase The Fees
Oct 12, 2013Mobile networks have been left outraged at Ofcom's decision to increase the fees that they should pay for mobile spectrum that they have acquired. The communications regulator published a consultation on revising annual licence fees for ...
Tags: Mobile networks, Computer Products
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The National Audit Office Described The Government's Welfare Reforms
Sep 6, 2013The National Audit Office, the spending watchdog, has described the government's welfare reforms as "overambitious" and hindered by the "limited functionality" of IT systems. It follows Department for Work and Pensions announcing further ...
Tags: Computer Products, software
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Shadow Banking and Chinese Debt Are Less Likely to Bring Down The Second-Largest Economy
Sep 4, 2013As Chinese economy shows signs of picking up, analysts say shadow banking and local government debt, two major financial worries during the past few months, are less likely now to bring down the world' s second-largest economy. While ...
Tags: Local Debts, Financial Crisis
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Forthcoming Audit of Overall Government Debt in China Is Expected to Reveal The Status Quo
Jul 30, 2013A forthcoming audit of overall government debt in China is expected to reveal the status quo of growing government debt and its potential risks amid the country's economic slowdown. The planned nationwide audit follows a previous one ...
Tags: Gov't Debt
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BT Has Hit Back Against Press Criticism Generated by The National Audit Office's Report
Jul 8, 2013BT has hit back against press criticism generated by the National Audit Office's report into the rising costs and delays that have affected the government's rural fibre-broadband rollout. The company says, in particular, that it has not ...
Tags: Computer Products, software
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Just Six Per Cent of Those Training for a Career in Cyber Security Are Female
Jun 5, 2013Just six per cent of those training for a career in cyber security are female, according to figures published by QA, the UK's largest IT training company. The proportion of women working in Britain's IT and telecommunications industry ...
Tags: Cyber Security Professionals, Women, Trainee
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The BBC Is to Abandon a £98m Digital Production System
May 28, 2013The BBC is to abandon a £98m digital production system and suspend its chief technology officer (CTO), John Linwood, after the organisation's chief executive Tony Hall said it had "wasted a huge amount of licence fee payers' money". ...
Tags: BBC, IT Project, CTO John Linwood
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Ofcom's Auction of The 4G Communications Spectrum Is to Be Investigated
Apr 17, 2013Ofcom's auction of the 4G communications spectrum is to be investigated by the National Audit Office, amid claims that the process did not generate the intended revenue. The auction, carried out in June 2012, raised 2.3bn as mobile phone ...
Tags: 4G Spectrum, Computer Products
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Up to 30,000 New Mobile Devices to Be Distributed Could End up as "Costly Paperweights"
Mar 7, 2013Up to 30,000 new mobile devices to be distributed to Metropolitan Police officers could end up as "costly paperweights", an expert panel has claimed. Last week, the London Assembly's Budget and Performance Committee revealed that it would ...
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MPS Needs to Stop Buying The "Shiny Newest Technology"
Mar 6, 2013The Metropolitan Police Service (MPS) needs to stop buying the "shiny newest technology" in order to make IT savings in the next few years, an expert panel has claimed. Last week, the London Assembly's Budget and Performance Committee ...
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Britain Could Have Trouble Defending Itself From Cyber Attacks Over The Next 20 Years
Feb 18, 2013A report released National Audit Office revealed that the UK IT skills shortage means that Britain could have trouble defending itself from cyber attacks over the next 20 years. The UK was hit by over 40 million cyber attacks in 2011 ...
Tags: National Audit Office, UK, IT industry