It's a fundamental failing by the coalition government not to have tackled that".
The report also highlights fundamental failings in the culture and record of delivery at the home office.
Analysts say investors' trust is unlikely to return fully until Washington and Wall Street address fundamental failings in the financial system that put it in jeopardy.
The group, which has lurched from crisis to crisis and lost a string of bosses along the way, admitted that the huge losses were due to "fundamental failings in management and governance at the group over many years".
Last week, the group, which spans supermarkets, funeral homes and pharmacies, blamed "fundamental failings in management and governance at the group over many years" for the £2.5bn of losses in 2013.
At the time the Group blamed "fundamental failings in management and governance at the group over many years" for the losses which were caused by the problems inside the bank as well as a write-down in the value of the acquisition of the Somerfield supermarket chain.
The Public Services Ombudsman for Wales, Peter Tyndall, said there had been "fundamental failings" in Hywel Dda Health Board's service at West Wales Hospital.
Despite numerous advancements in printer technology, the fundamental failing of almost every consumer printer on the market today is the necessity to install printer drivers.
That trait can be a character failing in politics.
