OF&G :: The Blog

Defra appears to have the perfect payment method – the debt that need never be repaid! According the Guardian the department managed to spend £230 million more than its actual pocket money from the Treasury. Apparently it was the only Government department to achieve this feat for the period 06/07.

A department spokesman is reported to have said: “The budget for 2008-09 has not been reduced by any clawback of over-allocations in previous years.”

Now that’s the kind of loan we’d all love to have!

Read the original story here.