James Forsyth James Forsyth

The astronomical cost of over budget government projects

The TaxPayers alliance has a corking piece of research, available on their new website, out on the cost of overruns in public sector projects. They’ve examined the records of 305 schemes that have either being completed since 2005 or are ongoing and found that each household in Britain is effectively paying £900 for them going over budget. Remarkably, 14 projects have managed to go over budget by more than the Dome did.

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