Threads / Fiscal Risks and Sustainability / We asked the Treasury about the extent of missing data and …
Committee Material Published 26 Jan 2024 ↗ View on Parliament

We asked the Treasury about the extent of missing data and the impact of this on the ability of government to make decisions about public spending. HM Treasury recognised that any gap in data meant that there was uncertainty about the completeness of the information that it was using. It also recognised that, combined with the timeliness of the accounts, this made the WGA a “less timely, less complete set of data for us to base decision making on”.21 It told us that it did not think that this...

We asked the Treasury about the extent of missing data and the impact of this on the ability of government to make decisions about public spending. HM Treasury recognised that any gap in data meant that there was uncertainty about the completeness of the information that it was using. It also recognised that, combined with the timeliness of the accounts, this made the WGA a “less timely, less complete set of data for us to base decision making on”.21 It told us that it did not think that this fundamentally changed the way that it made decisions, or the quality of those decisions, as it did not make decisions about public spending in isolation Type: conclusion | Number: 14 | Response status: accepted Government response: 2.1 The government agrees with the Committee’s recommendation. Target implementation date: Spring 2024 2.2 HM Treasury is committed to proactively working with all entities to ensure data is collected in a timely manner, and the department is proactively mitigating th