Scrapping of audit watchdog for English councils ‘led to soaring costs and chaos’
The report by the University of Sheffield found that the decision to abolish the Audit Commission, England's council spending watchdog, has led to soaring costs and chaos, contrary to the promised annual savings of £100 million. The report criticized the coalition government's "bonfire of the quangos" approach, which resulted in a broken system that is costing taxpayers more money than it was supposed to save. The abolition of the Audit Commission has had significant financial implications, with fees rocketing amid the ongoing financial crisis. The report highlights the need for a more considered and effective approach to public sector governance and oversight, rather than a hasty dismantling of established institutions.
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