Tuesday, March 06, 2007

Consultancies and the revolving door from Whitehall?

Consultancy spends by New Labour is never a pretty sight, and it never ceases to amaze me quite how much public money is thrown in the direction of these firms.Over the past three years for example, the Department of Work and Pensions have spent a total of £216,179,665 on consultancies fees.

These fees have been paid to a number of firm but the single biggest company to gain has been Booz Allen Hamilton for its "Pension Transformation" work. In fact they received just over 50% of it, to the tune of £109,100,0000.

From what I can tell, Booz Allen Hamilton specialises in public sector money making projects. It also employs the former Cabinet Secretary and Head of the Civil Service, Lord Turnbull as a senior advisor to the firm.

Never let it be said that the revolving door from Whitehall to Industry does not remain in motion.


Anonymous said...

It is a pity that the DWP did not use the money to help those pensioners who had lost out when their company pensions disappeared.

Anonymous said...

Parasitism at its worst but McKinsey and Bain and PA are little better.......remember how Willie Hague was paid by McK to assist Geoffrey Howe at the Treasury ?

How Andersen Consulting (Accenture) employed Patricia Hewitt and then had the ban on Andersen working for HMG after the DeLorean debacle lifted ?

Funny how prescient HMG was on Andersen Accounting and patent falsehoods