Ecuador’s election wasn’t free — and its people will pay the price under President Noboa

THIS march, shadow chancellor Rachel Reeves announced a new key policy, an “office for value for money” (OVM) — what she called an “independent hit squad, with real powers to hold the government to account.”
But Labour has failed to highlight some key recent reports by the National Audit Office (NAO). The NAO is the nearest thing to Reeves’s proposed OVM, but I suspect Labour has not been grabbing some of their reports, because they independently come up with the wrong answer by showing the failure of outsourced public services.
Highlighting what she called billions of pounds of “wasteful government spending,” Reeves said her new OVM would “conduct spot checks,” “investigate value for money in procurement” and “publish findings, providing a powerful public check” on waste.
Reeves sold her plan as an improvement on the NAO, the government’s main spending watchdog. Reeves told Channel 4 News:



