Labour's mismanagement of big state projects has cost £22bn
Working with Taxpayers' Alliance research this morning's Independent on Sunday has published the extent to which the Labour government has mismanaged public spending projects. The costs total £22bn or £330 for every person in Britain.
Listed below are five of the worst examples of Labour wastefulness:Project: NHS national IT programme
- Budget £2.3bn
- Current cost £12.6bn
- Percentage overspent 450%
- Established in October 2002, under Alan Milburn, scheme to link 30,000 GPs in England to nearly 300 hospitals has been derided for huge costs and technical problems.
- Budget £2.4bn
- Current cost £9.3bn
- Percentage overspent 289%
- The euphoria that greeted the decision to award London the 2012 Games has largely given way to concerns over spiralling costs.
- Budget £2.5bn
- Current cost £3.8bn
- Percentage overspent 48%
- The order for three of next-generation nuclear fleet submarines for the Royal Navy was announced in 1997 and subsequently increased to four. Only one has yet arrived.
- Budget £429m
- Current cost £598m
- Percentage overspent 39%
- An NAO report subsequently criticised the delays and overspend.
- Budget £157m
- Current cost £220m
- Percentage overspent 40.1%
More examples and commentary in the Independent on Sunday.