BEIS Annual Report & Accounts 2021-22

Public Accounts Committee Closed Inquiry
Opened: 8 Nov 2022 Closed: 27 Jun 2023 Parliament page
The Committee will take evidence from banks which have lent money as part of the Bounce Back Loan Scheme, and afterwards question senior officials at the Department for Business, Energy and Industrial Strategy on their annual report and accounts for 2021-22 , including the performance of COVID support schemes such … Read more
6 Recommendations
18 Conclusions
1 Report
3 Letters
Recommendations & Conclusions
1 result
16 Recommendation Accepted in Part
Forty-Fifth Report - Department fo…
The National Audit Office recommended in December 2021 that the Department should produce a formal...
The National Audit Office recommended in December 2021 that the Department should produce a formal strategy, setting out the longer-term ambitions, objectives and metrics for the impact of successful counter-fraud actions; fraud risk appetite; and prioritisation of counter-fraud activities and … Read more
Government Response
The government states the recommendation is implemented, as the Department for Business and Trade has developed an overarching Bounce Back Loan Scheme Counter Fraud strategy and is considering making a version public. They also highlight ongoing data publication, PSFA support, and pilot schemes for recovery activities, though a broader departmental strategy is not explicitly committed.
HM Treasury
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Government Response AI assessment · 24 of 6 classified

Total 6 recs + 18 conclusions
Correspondence 3 letters
23 Jan 2023 Correspondence from Sarah Munby, Permanent Under-Secretary of State, re update Annual Reposts and Accounts, dated 21 December 2022
Parliament page
22 Nov 2022 Correspondence from Sarah Munby, Permanent Under-Secretary of State, Department for Business, Energy & Industrial Strategy (BEIS), re follow up to the first report – BEIS Annual Reports and Accounts 2020-2021 - the First Report of Session 2022–23”, published on 18 May 2022, date 16 November 2022
Parliament page
22 Nov 2022 Correspondence from Sarah Munby, Permanent Under-Secretary of State, Department for Business, Energy & Industrial Strategy (BEIS), re follow up to the first report – BEIS Annual Reports and Accounts 2020-2021, date 16 November 2022
Parliament page