22:23 GMT16 May 2021
Listen Live
    Europe
    Get short URL
    0 33
    Subscribe

    The Taxpayers’ Alliance released a report Monday, revealing that the UK government overspent almost $8 billion last year due to poor management.

    The Secretary of State for Defence Michael Fallon
    © Flickr / UK Ministry of Defence
    MOSCOW (Sputnik), Daria Chernyshova — UK military spending is one of the main issues hurting the UK economy, a British parliamentarian told Sputnik news agency Monday, commenting on the recent TaxPayers’ Alliance review of how the British government wasted money last year.

    “My list of wasted money would not been the same as TaxPayers’ Alliance’s which is an old-conservative, right-wing, Libertarian think tank,” George Galloway told Sputnik. “I’d rather talk about the billions we’ve wasted on wars that have gone disastrously badly, scores of billion were spent on a renewed nuclear weapons platform, the billions that we’ve lost in evaded and avoided taxation from richest people in our society.”

    The critique comes as the Taxpayers’ Alliance released a report Monday, revealing that the UK government overspent more than 5 billion pounds (almost $8 billion) last year due to poor management.

    According to the think tank, the Defense Ministry had the largest excess spending, totaling over 3 billion pounds during the 2013-2014 fiscal year. The sum included 4 million pounds spent on an inventory for Sea King helicopters already out of service and 6 million pounds on unsuitable ear plugs, the study showed.

    However, George Galloway maintained that it is wiser to look at different issues that drag on the UK budget — war spending, the renewal of nuclear weapons, and tax evasion.

    “If you have all those three things together… we would be booming, so our critique of the scale of money that’s been wasted would be different,” Galloway told Sputnik.

    He underlined that the fact that these three key issues have been overlooked is due to faults within the system and the “capabilities of the people who govern us.”

    The critique comes at a time of heated debate on governmental spending cuts and saving money.

    Related:

    UK Regulator Denies CIA Torture Report Redacted to Hide Britain’s Role
    Britain’s NHS Reportedly Hunts Whistleblowers
    HSBC Makes Full-Page Newspaper Apology for Swiss Banking Scam
    London Mayor Boris Johnson Ready to Give Up US Citizenship
    Tags:
    spending, budget, British Defense Ministry, George Galloway, United Kingdom
    Community standardsDiscussion