BusinessCompany NewsCommons body in scathing attack on chancellor

Commons body in scathing attack on chancellor

Chancellor Gordon Brown has been accused of treating parliament with disdain and fellow cabinet ministers as messenger boys.

The powerful, Labour dominated, all-party Commons Transport Committee slammed him, just hours after Wednesday’s Budget, for his refusal to allow a Treasury minister to come before it, to discuss the controversial Public Private Partnership for the London Underground.

In a report it said there ‘was no better example of the excessive influence of the Treasury’, adding that the chancellor was personally responsible for the proposal.

In addition, it said Brown had treated Transport secretary Stephen Byers as ‘little more than a messenger’.

The CTC criticised the PPP deal for offered poor value for money, being ‘needlessly complex’ and failing to transfer enough risk to the private sector.

The committee has asked the full House of Commons to order the chancellor, or one of his junior ministers, to appear before it.

In February, accountants from Ernst & Young gave the PPP plan for the Tube the green light, although they were later criticised for being unable to say whether the deal offered good value for money.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor