Office for Value for Money Criticised
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October budgetSky News
•Treasury Committee question if new Office for Value for Money is value for money
70% Informative
Office for Value for Money (OVM ) was announced in the October budget.
Chancellor Rachel Reeves announced the new department to help the government "realise the benefits from every pound of public spending" Cross-party Treasury Select Committee report heavily criticised the OVM .
MPs said the department's independent chair, accountant David Goldstone , is only contracted for a year .
As of December , there were only 12 full-time staff, not the promised 20 .
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