WATCHDOGS have blasted the Bank of England over the way it spent £10million of public cash.
The Government-owned bank also has 800 unused desks at its London HQ and more than 700 job titles.
The Bank of England has come under fire for excessive spending and wastage of office space[/caption]
The Bank plans to go for more desk sharing – but not till February 2020, after new technology has been rolled out.
The National Audit Office says the bank broke its own rules when it allowed 200 purchases above £25,000 to go through without being signed off.
It said up to £200,000 could have been saved on £2million of the deals, many relating to IT.
The report comes just days after the bank, under governor Mark Carney, announced changes to its expenses policy. MPs had slammed costs run up by officials, including £11,000 on a flight.
Governor Mark Carney has recently announced changes to the Bank’s expenses policy[/caption]
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The NAO said the Bank must “transform” its central services department to meet a self-imposed £476million annual costs cap.
NAO head Amyas Morse said the BoE had “rightly recognised” its central services needed reform.
He added: “The bank should not underestimate the scale of change required.
“Improvements will only be possible if staff across the Bank are encouraged to embrace a more cost-conscious culture.”
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News Pictures Watchdogs slam Bank of England for ‘breaking rules’ when spending £10million of public cash
You don’t have to pack away your bikini just because you’re the wrong side of 20. These body-beautiful stars reveal their secrets to staying in shape and prove you can smoulder in a two-piece, whatever your age. Read on and be bikini inspired!
TEENS
Hayden Panettiere
Size: 8
Age: 18
Height: 5ft 1in
Weight: 8st
To achieve her kick-ass figure, Hayden – who plays cheerleader Claire Bennet in Heroes – follows the ‘quartering’ rule. She eats only a quarter of the food on her plate, then waits 20 minutes before deciding whether she needs to eat again.
Hayden says: “I don’t have a model’s body, but I’m not one of those crazy girls who thinks that they’re fat. I’m OK with what I have.”
Nicollette says: “I don’t like diets – I see it, I eat it! I believe in eating healthily with lots of protein, vegetables and carbs to give you energy.”
kim cattrall
Size: 10-12
Age: 52
Height: 5ft 8in
Weight: 9st 4lb
SATC star Kim swears by gym sessions with Russian kettle bells (traditional cast-iron weights) and the South Beach Diet to give her the body she wants. To avoid overeating, Kim has a radical diet trick – squirting lemon juice on her leftovers – so she won’t carry on picking.
Kim says: “I am no super-thin Hollywood actress. I am built for men who like women to look like women.”
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