Prime minister's plans to fuel productivity by £16bn by cutting the administrative burden on businesses by £4bn 'overcooked'
Accountancy Age, 25 Mar 2008
A senior NAO figure has warned that Gordon Brown's ambitious plans to raise business productivity by £16bn are 'overcooked.'
The prime minister has proposed a major overhaul which would lift the administrative burden on UK companies by £4bn and lead to increase productivity of £16bn, but his calculations have been called into question.
In an interview with the Financial Times Ed Humpherson, an assistant auditor general of the National Audit Office said:'The £16bn figure is probably a bit overcooked,' he said. 'It’s an extremely difficult assertion to make.'
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