1
Acknowledged
Evidence gathered from NS&I and Treasury on the Business Transformation Programme.
Conclusion
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.
Government Response
Acknowledged
Government Response
Acknowledged
HM Government
Acknowledged
The government agrees with the Committee’s recommendation. integrated plan, including timelines and a revised estimated cost, as requested.
Source
Committee
Public Accounts Committee
Inquiry
NS&I’s transformation programme
Report
67th Report - NS&I’s transformation programme
13 Feb 2026
HC 1237
Addressee Bodies
HM Treasury
Timeline
Recommendation age
0.3 yrs
Report published
13 Feb 2026