HM Treasury admits it doesn’t know how much money it’s spending: encore

Over the summer I blogged about the Treasury’s curious admission that it doesn’t know how much money it spends on, in the words of the question, “branding and marketing”. This week Dizzy Thinks spotted another example; the Treasury doesn’t know how much it spends on heating, electricity or water either. Perhaps it would be easier for someone to just ask what it does know?

Read more by or more about .
This entry was posted in News.
Advert

8 Comments

  • Why am I not surprised?

    Some years ago I got a job with a household-name state-owned company just weeks before it was privatised. They too had only the most rudimentary accounting system; it could just about say how much money came in and how much went out but anything inbetween was pretty much a mystery.

    It also turned out that even the most senior staff didn’t know how to evaluate a capital project even though capital spending was a large part of total spending at the time.

    I didn’t stay long!

  • I don’t see any reason for it to be an ‘inherent’ flaw. If ministers spent just a little time and effort thinking about efficiency (or at least requiring their departments to do so) then govt would run a whole lot better. Sadly, the culture seems to be to regard the taxpayer as a bottomless money-well.

  • Good question.

    My guess is that too many (all?) ministers prefer to rush out a response to any “something must be done” headline in the media without pausing to consider alternatives, especially if the best alternative is likely to be a harder initial sell.

    Absent a very clear and determined lead from the PM that value matters over spin, this tendency will soon become the rule. Blame Blair for exacerbating an existing trend.

    The implication is that this leaves an open goal for a party with a credible committment to value for money. We can’t in any case go on as before – that way lies national bankruptcy.

  • I didn’t say “there are no structural problems”. In fact I think the opposite – that there are enormous structural problems and that there is no particular reason to think one Party’s ministers would somehow be systematically better than another party’s ministers.

    However, that said the cultural problem that afflicts all parties is so deep that it amounts almost to a structural problem in itself – culture becomes structure.

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert

Recent Comments

  • Chloe
    'underlying emotions are fear, resentment and inadequacy relating to their own lives' Are you saying the residents of Crowborough or Bicester who've protested ...
  • Andy Daer
    We're talking about two different things here. The reasons our potential workforce doesn't fit with what the economy and society require are one thing, and the ...
  • David Raw
    Very sorry to mention this, but I'm old enough to remember when Rumswoth in Bolton West had a a Liberal M.P. (my late friend Arthur Holt). But now, sadly, in a ...
  • Peter Wrigley
    Here's an extract from a Jonathan Liew article in today's Guardian (4th August): " . . .[W]hat if migration is only a problem to those who want it to be? Wh...
  • Rif Winfield
    One thing we should bear in mind is that Andy Burnham seems genuinely convinced of the need for adopting proportional representation (although he will have diff...