Value for Money Tsar linked to string of overspends

Published On Nov 1, 2024, 7:50 AM

David Goldstone has been appointed as the chief of the new Office for Value for Money (OfVM) in the UK government, tasked with advising on efficiency and reducing waste in public spending. His past projects, including the London Olympics and HS2, which have come under criticism for cost overruns, raise questions regarding his capability to ensure value for money. The Treasury defends his qualifications, stating his experience on high-value programs makes him suitable for the role. However, critics argue the creation of the OfVM indicates a failure of existing government structures to control spending effectively.