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The government’s new value for money tsar will be paid a day charge of £950, the equal of a £247,000 annual wage.
David Goldstone, who will take up the place of chairman of the new Office for Value for Money, will successfully be on a increased pro-rata wage than the prime minister.
Rachel Reeves introduced throughout her Budget speech that Mr Goldstone was being appointed to “help us realise the benefits from every pound of public spending“.
A statement from the Treasury later confirmed he will advise the chancellor on decisions ahead of the government’s upcoming spending review.
“This will include conducting an assessment of where and how to root out waste and inefficiency, undertaking value for money studies in specific high-risk areas of cross-departmental spending, and scrutinising investment proposals to ensure they offer value for money,” the Treasury stated.
Mr Goldstone has been linked to a collection of tasks and departments which have spent enormous quantities of taxpayer money, together with HS2 and the London Olympics.
Delivery of the 2012 video games, for which Mr Goldstone oversaw the funding, value £9.35bn, nearly 4 occasions the preliminary estimate.
Mr Goldstone was criticised by the Commons public accounts committee after taking a £168,000 bonus on high of his £311,000 wage for overseeing the long-delayed and vastly pricey renovation of the Palace of Westminster.
He was chief govt of the Houses of Parliament Restoration & Renewal Delivery Authority for 4 years earlier than standing down in August.
He has function because the Treasury’s board consultant for the HS2 excessive velocity rail mission, which he took up in June, is a bid to stem additional value overruns. The mission is at the moment nearly twice over funds, having had a vital quantity of the unique deliberate line minimize.
Mr Goldstone will be in his new publish for a 12 months and is anticipated to work a mean of 1 day a week, choosing up the £950 day charge – equal to £247,000 for a 12 months of full-time work. Sir Keir Starmer is paid £167,000 in his function as PM.
Mr Goldstone will be supported by a group of 20 civil servants within the Treasury.
He stated: “I am honoured to have been appointed by the Chancellor and Chief Secretary to this important role. I look forward to working within government over the coming year to bring renewed focus to ensuring we deliver maximum value for the public in how money is spent.”
It is an impartial function and he isn’t an worker of the Treasury.
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