BusinessCompany NewsBillions ‘squandered’ on public services

Billions 'squandered' on public services

An independent report accuses Tony Blair of wasting billions on the public service.

A non-political organisation called Reform has released a report accusing Tony Blair of pumping billions of pounds of taxpayers’ money into an inefficient public service.

Link: Treasury overspends on Revenue & Customs building

According to The Daily Telegraph the report says government is taking in an increasing amount of tax in proportion to the national income without improving education, health and public transport services.

Head of Reform’s advisory board, GSK chairman Sir Christopher Gent, said the results showed that modern services could not be delivered by simply pouring in extra money.

‘We cannot go on transferring resources from the efficient and productive private sector into monopolistic, unproductive public services,’ he was reported as saying.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

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

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor