13
The 17 main departmental groups reported more than 2.7 million losses in 2024–25 amounting to...
Conclusion
The 17 main departmental groups reported more than 2.7 million losses in 2024–25 amounting to £6.6 billion in total. The most significant reported losses related to cancelling or retiring assets, write-offs and debts no longer 24 Q 22 25 Q 22 26 Q 23 27 C&AG’s report, para 3.28 28 Q 18 29 Q 18 30 Q 18 9 being pursued, and fraud. In addition, these departments made special payments of £293.5 million for non-standard transactions outside of allowed activities in 2024–25.31 Special payments can be made for many reasons, such as for adverse legal costs, compensation, or goodwill gestures related to personal injury or damaged property.32
Source
Committee
Public Accounts Committee
Report
Second Report - NAO financial audit insights 2024–25
22 May 2026
HC 94
Addressee Bodies
HM Treasury
Timeline
Report published
22 May 2026