Thousands of government credit cards are set to be cancelled as spending on them has surged to over half a billion pounds, prompting a freeze on all transactions and a thorough audit. Civil servants will need to justify their need for a “government procurement card” or face cancellation by the end of the month, with plans to reduce the number in circulation by at least half. Tighter spending controls will be implemented, including a reduction in the maximum amount spent on hospitality and additional approval requirements for high-cost purchases.
Full Article
Loading PerspectiveSplit analysis...
