11 November 2016

This week the influential Public Accounts Committee has launched a new inquiry into the Levy Control Framework (LCF) and is accepting written evidence until 22 November. The committee will be holding its first session as part of the inquiry on 30 November. The inquiry follows on from the National Audit Office’s report into the LCF, published last month, which highlighted a number of failures in the LCF and how it has been managed by Government.    

The Government response to the Committee’s report on household energy efficiency schemes was also recently published. In it the government agreed with all five of the Committee’s recommendations which were:

  • Policy decisions need to be thoroughly tested before implementation
  • Forecasts need to be based on the best available evidence with the level of uncertainty made clear
  • Adequate methods of measuring progress towards policy objectives need to be in place
  • BEIS needs to closely monitor whether value-for-money is being achieved

The sale of Green Deal Finance Company needs to be handled properly and BEIS should report back to the Committee on how taxpayers’ interests are being protected.