Action to tackle poor value for money and unfunded spending commitments

Today, the Chief Secretary to the Treasury, Danny Alexander, announced which projects re-submitted to the Treasury will be suspended and cancelled as part of a review of all spending decisions taken since 1 January. Projects have been cancelled where they were not affordable, did not represent good value for money, or where they did not reflect the Government’s priorities.

• Full press notice: Action to tackle poor value for money and unfunded spending commitments (PDF 132KB)
• View a transcript of the Chief Secretary’s statement in Parliament