Magazine article Public Finance

MSPs Express Doubts over Executive's L1.7bn Savings

Magazine article Public Finance

MSPs Express Doubts over Executive's L1.7bn Savings

Article excerpt

The Scottish Executive has been criticised by an influential committee of MSPs for providing 'misleading' information when it claimed that its efficient government plan would save £1.7bn over the next three years.

In a report published this week, the Scottish Parliament's finance committee argues that the Executive's approach to efficiency savings has evolved in a 'disjointed way' and says that there was a lack of transparency in the figures reported. It suggests that the Executive has been guilty of triple counting some of the figures.

The findings will put further pressure on Finance Minister Tom McCabe, who insisted there had been no triple counting when he recently gave evidence to the committee.

In its report, the committee says the Executive, in its efficiency review, quoted recurrent annual savings of £405m in 2005/06, rising to £582m in 2006/07 and to £745m in 2007/08. …

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