RegulationCorporate GovernancePBR 09: Public spending budget

PBR 09: Public spending budget

Darling announces it is not viable to review public sector department budgets

The chancellor has said that the country needs to reduce its rate of public
spending but to review each department’s budget now would not be economical.

He said: “This is not a time for a spending review.”

“Trying to fix each departments budget for the next few years in not
economical,” he added.

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