Commons 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.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article