The UK government plans to cancel thousands of taxpayer-funded credit cards to address concerns over rising spending. Since spending on these cards has quadrupled in four years, the Cabinet Office will freeze almost all of the 20,000 cards, requiring cardholders to justify their usage. Only specific roles will be exempt. The maximum hospitality expenditure will also be slashed from £2,500 to £500, needing senior approval for any excess. This initiative is part of a broader aim to cut wasteful spending as Chancellor Rachel Reeves prepares for significant budget cuts in the upcoming Spring Statement.
The government is implementing stricter measures on taxpayer-funded credit cards, aiming to cut the number in circulation by 50% due to escalating spending issues.
With spending on government cards quadrupling over the past four years, the new measures require cardholders to justify their need, or risk cancellation.
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