The Government should overhaul the way it announces spending policies and future budgets to avoid losing the trust of the public, according to a leading economic think tank.
A new report by the National Institute of Economic and Social Research (NIESR) said the current framework has led to serious fiscal failures and more transparency is needed, including an end to serial leaking of policy decisions ahead of budgets.
Funded by the Nuffield Trust, the research also calls for Chancellor Rishi Sunak to set out a structured timetable for fiscal events and allow for greater scrutiny and debate on spending decisions to avoid errors arising.
Serial leaking of spending policies risks eroding public trust, think tank warns
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Serial leaking of spending policies risks eroding public trust, think tank warns
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