How Reform Can Cut Government Waste

Thursday, 04 April 2024

The government spends over £1.14 trillion per year.

That’s an awful lot of money!

And much of it is wasted.

Here is how Reform UK will cut wasteful government spending:

  1. Enforce a 5% Saving Without Cutting Services It is possible to shave off 5% for every hundred pounds spent. The cost of living crisis means that Uk families have had to economise. Reform will insist that Every public service manager across government must find savings without touching frontline services. Cut bureaucracy, improve procurement, eliminate unnecessary spending, and focus on delivering essentials. This will free up money for better front-end services.

.2 Scrap Government Quangos There are over 600 government departments and “quangos.” These are organisations unaccountable to Parliament, and billions of pounds are spent on them every year. Some of them add no value to the public and could be easily scrapped. We can spend the money better.

.3 Cut Red Tape The government badly botched Brexit, and as a result, we are still operating under many regulations emanating from the European Union. Reform UK will cut EU red tape and release us from the bondage of overregulation that costs the UK economy £143 billion since 2015.

  1. Stop Paying Interest on Quantitative Easing Reserves This technical economic point would save us £40 billion per year.

  2. Cut Foreign Aid by 50% We currently send £12.8 billion abroad to foreign nations, including China and India, both of whom have their own space programs! Charity begins at home, and we will spend more money on our own people before we spend it on foreign nations.

Reform UK will cut £91 billion per year off the government spend and simultaneously improve public services.

That’s the plan.

If you like the sound of that, please leave a comment. Thank you

Chris Farmer #ReformUK #Gloucester