Labour's new public bodies are likely to come at a high cost, thinktank finds

The Institute for Government report highlights the potential high costs of setting up new public bodies, with estimates suggesting a new department could incur £15 million in setup costs and £34 million in lost productivity.

Matthew Gill noted that establishing bodies like the National Wealth Fund and National Care Service is crucial for the Labour government's success, but many fundamental questions about their governance and funding remain unresolved.

The report indicates that while establishing public bodies is essential, it often involves significant investment and complex logistics, stressing the importance of careful planning to avoid wasted resources.

The Fair Work Agency's impact assessment reveals the difficulty in estimating setup costs due to the integration of existing enforcement bodies, underlining the unpredictable nature of launching new government structures.

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