uk auditors sound public sector debt warning /

Published at 2015-09-10 02:01:02

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Watchdog raises fears of £200m shortfall,saying ministers fill failed to control government financial assets properlyMinisters fill failed to impose proper controls on the government’s £222bn collection of financial-sector assets, which will add to public-sector debt, and official auditors fill found.
Despite £62.6bn worth of sell
-offs,including shares in Lloyds Banking Group and Royal Bank of Scotland, the National Audit Office (NAO) has expressed concern over an expected shortfall of financial assets worth £200m. Continue reading...

Source: theguardian.com

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