No wonder so much public money is wasted:
A report has revealed that not one single Permanent Secretary (the senior civil servants in charge of Whitehall departments) has a professional finance qualification and so, according to the National Audit Office, government departments lack the financial expertise to manage their multi-billion pound budgets efficiently.
Government spending will reach £678 billion by 2010-11, yet six government departments don't even have a qualified finance director in their senior management team, despite a Treasury requirement to do so.
I wonder what this tells us about how our money is being spent?
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