BusinessCompany NewsPublic spending agreements face scrutiny

Public spending agreements face scrutiny

Gordon Brown's public spending agreements with government departments will come under scrutiny in a new spending inquiry by parliament, according to reports.

Link: Treasury commits to PSA roll-out

The inquiry will be undertaken by the public administration committee of MPs lead by chairman Tony Wright who will head up the Labour-dominated team.

‘We are trying to find out in a systematic way what is going on,’ Wright told the FT.

PSAs set out what spending ministries should achieve in return for the money allocated to them.

They have been criticised for being hard to understand and for not being subject to independent objective analysis.

The inquiry will also look at how the government uses targets and league tables to assess performance in the public sector.

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