National Investment and Loans Office

HC Deb 03 May 2001 vol 367 c731W

Mr. Ian Stewart

To ask the Chancellor of the Exchequer what recommendations flow from the review of the management performance of the National Investment and Loans Office since it absorbed the Office of the Paymaster General in 1996, conducted by Treasury officials. [160585]

Miss Melanie Johnson

Treasury officials conducted a review of NILO's operations, working closely with NILO's senior management and consulting NILO's customers and other interested stakeholders. The report concludes that NILO has performed well over the last five years, and recommends a number of actions to ensure that performance levels are sustained and improved in the future.

I have asked Treasury officials to work with NILO, and others where appropriate, to ensure that these recommendations are implemented in due course.