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His Majesty's Treasury, occasionally referred to as the Exchequer, or more informally the Treasury, is a ministerial department of the Government of the United Kingdom. It is responsible for developing and executing the government's public finance policy and economic policy. The Treasury maintains the Online System for Central Accounting and Reporting, the replacement for the Combined Online Information System, which itemises departmental spending under thousands of category headings, and from which the Whole of Government Accounts annual financial statements are produced.
The private finance initiative (PFI) was a United Kingdom government procurement policy aimed at creating "public–private partnerships" (PPPs) where private firms are contracted to complete and manage public projects. Initially launched in 1992 by Prime Minister John Major, and expanded considerably by the Blair government, PFI is part of the wider programme of privatisation and macroeconomic public policy, and presented as a means for increasing accountability and efficiency for public spending.
The Ministry of Defence is a ministerial department of the Government of the United Kingdom. It is responsible for implementing the defence policy set by the government and serves as the headquarters of the British Armed Forces.
The Environment Agency (EA) is a non-departmental public body, established in 1996 and sponsored by the United Kingdom government's Department for Environment, Food and Rural Affairs, with responsibilities relating to the protection and enhancement of the environment in England.
His Majesty's Revenue and Customs is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers. HMRC was formed by the merger of the Inland Revenue and HM Customs and Excise, which took effect on 18 April 2005. The department's logo is the Tudor Crown enclosed within a circle.
Augustine Thomas O'Donnell, Baron O'Donnell, is a former British senior civil servant and economist, who between 2005 and 2011 served as the Cabinet Secretary, the highest official in the British Civil Service.
The Isle of Man Government is the government of the Isle of Man. The formal head of the Isle of Man Government is the Lieutenant Governor, the personal representative of the Lord of Mann. The executive head is the Chief Minister.
Dame Katharine Mary Barker is a British economist. She is principally noted for her role at the Bank of England and for advising the British government on social issues such as housing and health care.
Sir Howard John Davies is a British historian and author, who is the chairman of NatWest Group and the former director of the London School of Economics.
Sir Michael Charles Scholar, KCB is a British civil servant and former President of St John's College, Oxford.
Sir John Oliver Frank Kingman KCB FRS has been Chair of Legal & General PLC since 2016. He is also Chair of Barclays UK, the ring-fenced retail bank of Barclays PLC, and a member of the Barclays PLC board. He was previously Chair of Tesco Bank.
The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the UK Treasury, that the UK government established to provide independent economic forecasts and independent analysis of the public finances. It was formally created in May 2010 following the general election and was placed on a statutory footing by the Budget Responsibility and National Audit Act 2011. It is one of a growing number of official independent fiscal watchdogs around the world.
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom. It operates independently of the UK Government and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom.
Local Partnerships LLP is joint venture owned by HM Treasury, the Local Government Association and Welsh Government established 2009. It serves as a Public-private partnership unit in England and Wales. As an in-house consultancy they work solely for central government departments, The Welsh Government, Councils and Combined Authorities.
Infrastructure NSW is an agency of the Government of New South Wales that provides independent advice to assist the NSW Government in identifying and prioritising the delivery of critical public infrastructure across the Australian state of New South Wales for economic and social wellbeing.
The Honours Committee is a committee within the Cabinet Office of the Government of the United Kingdom formed to review nominations for national honours for merit, exceptional achievement or service. Twice yearly the Honours Committee submits formal recommendations for the British monarch's New Years and Birthday Honours. Members of the Honours Committee—which comprises a main committee and nine subcommittees in speciality areas—research and vet nominations for national awards, including knighthoods and the Order of the British Empire.
The Infrastructure and Projects Authority (IPA) is the United Kingdom government's centre of expertise for infrastructure and major projects. The IPA sits at the heart of government, reporting to the Cabinet Office and HM Treasury. The core teams include experts in infrastructure, project delivery and project finance who work with government departments and industry.
Anthony Jan Michael Meggs is a British petroleum industry executive and former civil servant, currently serving as the Chairman of Crossrail, and formerly as Chief Executive of the Infrastructure and Projects Authority, jointly part of the Treasury and the Cabinet Office.
The National Infrastructure Commission is the executive agency responsible for providing expert advice to the UK Government on infrastructure challenges facing the UK.
The Infrastructure Cost Review was a 2010 report commissioned by the government of the United Kingdom and written by Infrastructure UK to find efficiency savings in the delivery of infrastructure projects. The British government aimed to make savings of up to £3 billion per year on current expenditure by 2015, primarily in the pre-construction phase. The report made a series of recommendations for changes in government procurement and planning. Cost savings were quickly realised and Infrastructure UK reported savings of £1.5 billion at the end of the first reporting year and £3 billion by 2014. The programme was projected to have saved £50 billion in expenditure by the end of the 2010s. Infrastructure UK was absorbed into the Infrastructure and Projects Authority which launched its Transforming Infrastructure Performance in 2017 which aims to make £15 billion in annual savings.
References
- ↑ UK Government, Infrastructure UK, accessed 28 November 2022
- ↑ Government creates new body to help manage and deliver major projects for UK economy
- ↑ New government body to help manage and deliver major projects for UK economy
- ↑ Infrastructure and Projects Authority, About us, accessed 28 November 2022
- ↑ HM Treasury and Infrastructure UK, Infrastructure Cost Review: Main Report, published December 2010, accessed 28 November 2022
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