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.
- HMRC Investigate Fraudulent Job Retention Scheme Claims - June 17, 2020
- Worldwide Disclosure – HMRC and Living Overseas - May 21, 2019
- UK Tax Loan Scheme for Pilots Still Up in the Air - March 20, 2019
Ricky worked as an Investigator in the Inland Revenue for over 20 years before founding Steedman & Company in 1987, giving him the experience and knowledge that enabled him to help so many clients over the years.
His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m which sealed his status as one of the most highly respected tax consultants to ever work in Scotland.
Ricky led all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.
Ricky passed away suddenly and unexpectedly in June 2022 after leaving his indelible mark on the company he founded and headed for over 35 years.