Brexit & EconomyPoliticsDTI FD cannot explain £500m budget increase

DTI FD cannot explain £500m budget increase

Director general of finance Mark Clarke struggles to explain £500m of £1.2bn budget increase

The DTI’s finance director was unable to give a full explanantion for £500m
of a £1.2bn increase in the department’s budget for next year.

Speaking to the Trade and Industry committee yesterday, DTI director general
of finance Mark Clarke could only reveal that £400m more was being spent on
science and £300m more on regional development agencies, reported The
Times
.

Committee chairman Peter Luff said the public spending figures were ‘all over
the place’.

NHS finance directors and boards were last week criticised by the Public
Accounts Committee for disagreements with their auditors.

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