Magazine article Public Finance

Treasury Fails to 'Lead by Example' in Delivering Value for Money

Magazine article Public Finance

Treasury Fails to 'Lead by Example' in Delivering Value for Money

Article excerpt

The chancellor and the Treasury are failing to lead by example in delivering value for money, according to a damning report

The Treasury select committee report published on March 7 found that the Treasury had failed to deliver on many of its value-formoney delivery agreements, which are intended to give further detail about individual departmental efficiency programmes.

The report - The administration and expenditure of the chanceUor's departments, 2006-07- said the Treasury group's delivery agreement was 'disappointing in its failure to fully address the key issues of disclosure, measuring quality of service and the need for external challenge.

It also noted 'worrying conclusions' of the recent capability reviews of Revenue & Customs and the Treasury.

Committee chair Michael Fallon said: 'The chancellor's departments, which are the engine of government spending, should be able to demonstrate clear progress against their targets.

'Sadly in some areas, such as the value-for-money delivery agreements, we have found them failing to lead by example. …

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