Open Access BASE2011

Funding: Is an Olympic CEO worth more than a Prime Minister

In: https://radar.brookes.ac.uk/radar/items/a2be3572-584e-21cd-b05a-0c4fd4d6b4c7/1

Dr Elesa Argent

Open Access

Abstract

The new Conservative - Liberal Democrat Government coalition recently announced an emergency budget to fight the financial woes that Britain is currently facing. One significant element of their austere approach was to effectively wage war on publically funded quangos in a bid to eliminate unnecessary spending and re-establish public faith in the Governments' ability to financially manage the country. A quango, for those unfamiliar with the term, is a quasi nongovernmental organisation; an organisation that is financed by the government yet acts independently of the government.

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