Tim Knox

Is the ‘Office for Value for Money’ just another quango?

(Getty Images)

Who can possibly be against any attempt by any government of any political colour to get better value of money? After all, public sector productivity – which has been basically flat over the last 25 years despite all the advantages of new technology – is at heart a question of doing just that.

So we should all welcome that Rachel Reeves in her first budget set up the Office for Value for Money in the very heart of the Treasury. With its similar title to the Office for Budget Responsibility (which has of course been criticised for taking over responsibility for the budget), perhaps here at last would be a tough-minded approach to securing value for money from government spending.

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