Mr Richard Holden

Mr Richard Holden

Conservative — Basildon and Billericay

Speaking in the House of Commons on 23 January 2025

Debate

Public Procurement: Reform

Contribution

Unbelievably, the Treasury Committee has already raised concerns about the Office for Value for Money, citing issues around its remit, cost, cross-Government duplication and more, which could be expressed concisely as fears around the value for money of Labour’s new Office for Value for Money. Does the Minister agree with the financial markets, which do not believe this Government’s commitment to reforming public procurement or to prudent financial management, which is why they have added a Reeves ratio to the UK Government’s debt, costing taxpayers an extra £10 billion a year?

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