Chancellor Rachel Reeves vows to take ‘iron-fist’ to Whitehall spending and demands Cabinet cut size of state
As she urged colleagues to be realistic about reducing the size of the state, Rachel Reeves threatened to take an iron-fist to Whitehall expenditure last night.
In order to meet the strict value for money standard, the chancellor promised to eliminate waste and inefficiencies with every pound of taxpayer funds.
Bank bosses will be brought in to examine plans as part of a new assessment of spending up to 2029, which would require ministers to identify savings of up to 5%.
Spending that doesn’t support Sir Keir Starmer’s goals, including expanding the economy or repairing the NHS, will be cut off immediately.
According to Ms. Reeves, the previous administration let millions of pounds of taxpayer funds be wasted on initiatives that didn’t deliver value for the money.
We won’t put up with it; I promised to have a firm hold on public funds, which included fighting waste head-on.
In addition to saving money and providing better services for citizens nationwide, overhauling our public services will guarantee that they meet the expectations of the current world.
For this reason, we will examine every pound spent by the government to ensure that it is allocated appropriately and that waste is eliminated.
Bank experts will look at what is considered required spending.
Experts from academia will also be included.
Due to its perceived lack of cost-effectiveness, a 6.5 million dollar evaluation on the placement of social workers in schools has already been abandoned.
Senior Cabinet Minister Pat McFadden stated yesterday that more is to come, despite departments being pushed to find 2% savings in the budget.
‘We had to fill a black hole!’ 9 times Reeves defends Budget tax hikes & refuses to rule out MORE
Delivering value for the taxpayer is a commendable objective, but Rachel Reeves’ track record to date has been giving Labour’s union paymasters inflation-busting pay increases without demanding anything in return and without reforming public sector productivity or welfare spending, according to Shadow Treasury Minister Richard Fuller.
Ms. Reeves informed EU financial chiefs that she would not choose between Donald Trump and Brussels.
As part of a reset to fortify connections, she became the first Chancellor to speak to the group since Brexit.
Wasted words
According to the Sun
In order to gain value for taxpayers’ money, EVERY pound of spending will henceforth be carefully examined.
For each time a government has made that pledge, we wish we had a pound.
Everyone says it. And the colossal waste of Whitehall goes on.
If Chancellor Rachel Reeves is truly committed to completely overhauling the way the government spends its funds, we wish her luck.
However, politics will always win out.
For example, foreign aid, which amounts to billions of dollars annually, has become synonymous with waste.
Will ministers actually do away with it?
What about the ridiculous agreement in which we PAY to cede our Chagos Islands?
or the enormous bungs to France in spite of their inability to deter migrants?
Ms. Reeves promises to take a tough stance against waste.
Elon Musk’s US efficiency campaign was praised by Cabinet Minister Pat McFadden yesterday.
Please pardon our skepticism, but only if Labour’s waste cleanse is successful this time will we believe it.
Note: Every piece of content is rigorously reviewed by our team of experienced writers and editors to ensure its accuracy. Our writers use credible sources and adhere to strict fact-checking protocols to verify all claims and data before publication. If an error is identified, we promptly correct it and strive for transparency in all updates, feel free to reach out to us via email. We appreciate your trust and support!