The government has appointed David Goldstone as the new chairman of the Office for Value for Money, with a day rate of £950. Chancellor Rachel Reeves announced this during her Budget statement, stating that Mr. Goldstone will help ensure the benefits from every pound of public spending are realized.
In his role, Mr. Goldstone will provide advice to the Chancellor and Chief Secretary to the Treasury on how to save money by reforming systems and improving policy outcomes. This position is independent, and he is not an employee of the Treasury. Mr. Goldstone is expected to work an average of one day a week, with a monthly day rate of £950.
Aside from his new role, Mr. Goldstone also serves as a non-executive director of the Submarine Delivery Agency and HS2 Ltd. His previous experience includes being the chief executive of Parliament’s Restoration and Renewal Delivery Authority and the chief operating officer at the Ministry of Defence. He has also overseen the government’s £9.3 billion investment for the 2012 Olympics, including the Olympic Park venues and infrastructure.
This appointment comes at a time when the government is looking to ensure that public funds are being spent efficiently and effectively. By having a dedicated value for money tsar like Mr. Goldstone, the government hopes to make significant savings and improvements in policy outcomes.
It is clear that Mr. Goldstone’s extensive experience in overseeing large-scale projects and managing public funds makes him well-suited for this role. His track record in delivering successful outcomes and managing complex budgets will be valuable in helping the government achieve its goal of maximizing the benefits from public spending.
Overall, the appointment of David Goldstone as the chairman of the Office for Value for Money with a day rate of £950 demonstrates the government’s commitment to ensuring transparency and accountability in how public funds are managed. Mr. Goldstone’s expertise and experience will undoubtedly be instrumental in helping the government achieve its objectives of delivering value for money and improving policy outcomes.
