NO British politician was ever a keener advocate of fiscal discipline than the Victorian statesman William Gladstone. For him, prudence was a moral duty. In “administering the public purse”, he once said, “the Chancellor is under a sacred obligation with regard to all he consents to spend”.
Modern Governments have none of that ethos. Recklessness rather than restraint is their hallmark. Their appetite for taxpayers’ money is voracious; their financial management is profligate. As a result, waste and extravagance are endemic.
That reality was graphically illustrated by this week’s report from the Auditor General, Gareth Davies, into the vast amounts of taxpayers’ cash squandered in dodgy deals for Personal Protective Equipment (PPE) during the Covid pandemic. According to Mr Davies, the Government blew £8.7billion on faulty or unusable gear. Thanks to inept officialdom, and while some suppliers raked in a fortune, the NHS was deluged with unsuitable items.
The PPE saga is a disgrace, but hardly comes as a surprise. Taxpayers have grown wearily used to expensive rackets like this. Only the week before, in the Lords, Treasury Minister Lord Agnew dramatically resigned in protest at the loss of £4.3billion in fraudulent Covid loans.
This story is from the February 03, 2022 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 03, 2022 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Amorim gears up for big shift in identity at United
RUBEN VOWS TO FIND A FORMULA FOR SUCCESS
Trump builds cabinet of controversial choices
PRESIDENT-elect Donald Trump has sent shock waves through Washington following a series of controversial cabinet nominations.
Beirut flats fireball after missile strikes building
AN ISRAELI bomb slams into a building in the Lebanese capital Beirut yesterday before exploding into a fireball.
'Why should NHS pick up the pieces after botched butt lifts?"
THE NHS should not be left to pick up the tab following botched Brazilian butt lifts, England's top doctor says.
King returns to Commando training centre after 50 years
THE King got a reminder of tough times from his youth as he returned to the Royal Marines base where he completed his helicopter pilot training 50 years ago.
Archbishop 'appalled and embarrassed' by handling of abuse scandal, says son
THE Archbishop of Canterbury's son last night insisted that he backed his father's decision to resign because his position had become untenable.
'Wes crossed the line in opposing assisted dying'
LABOUR grandee Harriet Harman has hit out at her party's Health Secretary for publicly opposing assisted dying.
Police drop 15-month probe into trans post
AN activist who criticised a transgender GP on social media has been told no further action will be taken after she suffered a \"terrifying\" 15-month investigation.
Governor of Bank in push to boost our Brussels ties
ANDREW Bailey has joined with the growing chorus urging Sir Keir Starmer to return to Brussels' orbit after Donald Trump's election.
Reeves effect sees growth shrinking even before impact of Budget kicks in
CHANCELLOR Rachel Reeves has faced fresh condemnation over her policies as figures showed the economy is shrinking.