Managing Public Money

Helping public sector managers get value for money from their budgets

Blog | Managing Public Money | financial management training for public sector and charity managers

A blog about public financial management: the fine art of managing public money to deliver vital services to the public. It involves budgeting, accounting, controlling, auditing, reporting, policy-making and decision-taking.

August 22, 2010

No halfway house

August 22, 2010/ Gary Bandy

I agree with what Tony Travers says in this article about whether ministers will leave the regulation and improvement of failing local authorities and health bodies to market solutions. When things go wrong AND there is significant publicity about it, ministers like to be seen to take firm action. A press release from a minister along the lines of, "I believe the governance and audit arrangements that XYZ Council have in place and that have led to this dreadful situation will ultimately correct the situation" isn't going to satisfy anyone.