The WGA includes several large provisions which change substantially from year to year. For example, the provision for future decommissioning of nuclear facilities has decreased by £126.2 billion from £273.1 billion in 2021–22 to £146.9 billion in 2022–23, with the discount rate decreasing the provision by £131.8 billion.53 We subsequently discovered that the forecast cost to the taxpayer of nuclear decommissioning had actually increased by £11.7 billion in the year 2022–23 , despite the impr...

The WGA includes several large provisions which change substantially from year to year. For example, the provision for future decommissioning of nuclear facilities has decreased by £126.2 billion from £273.1 billion in 2021–22 to £146.9 billion in 2022–23, with the discount rate decreasing the provision by £131.8 billion.53 We subsequently discovered that the forecast cost to the taxpayer of nuclear decommissioning had actually increased by £11.7 billion in the year 2022–23 , despite the impression given by the figure in the accounts that it had reduced substantially.54 The cost also increased by a further £10.3 billion in 2023–24.55 Type: conclusion | Number: 24 | Response status: accepted Government response: The government agrees with the Committee’s recommendation. Target implementation date: July 2025. One of the important principles of WGA is that it summarises and presents information already in the public domain. It is correct that departmental accounts should be the first pl