Millions Wasted in Public Spending

Hundreds of millions of pounds can be saved in public spending according to Sir Philip Green, a billionaire businessman who recently scrutinised the government’s books.

Sir Philip, who has a reputation for making shrewd cost cutting decisions, was appointed in August to make a comprehensive review of government spending.

His findings point to millions of pounds of wasted money on ill considered purchases across Whitehall and unnecessary rents.

He said: “There is massive wastage and huge savings to be found.”

Being an owner of a business that rents or buys over 2000 properties, he was asked to assess whether property rents and leases entered into since 2007 were offering good value for money.

He also pointed to expensive mobile phone devices being given to civil servants at a cost of millions of pound.