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If it wasn't for those pesky auditors...

08 Feb 2007 - JG

Congratulations to the Gordon Brown who has claimed to have made a whopping £13.3bn a year efficiency savings across Whitehall. Fantastic headlines for our PM in waiting. Chief Secretary to the Treasury, Stephen Timms, has described the savings as “robust”… Cue alarm bells...

According to the National Audit Office, and I hate to break the news to you, but not all is what it seems at the Treasury. Auditors have claimed that nearly £10bn of these savings is open to question either because they could not be properly measured or because they are plain and simply wrong. No wonder tax payers' money is being wasted everyday - our chancellor can not even do his sums properly. Either that or someone is doing some very creative accounting…

Topics: Economics
Organisations: UK Treasury
Locations:

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