Headlines: April 29th, 2015

The Chartered Institute of Public Finance and Accountancy has called for greater transparency from Westminster parties around their spending reduction plans. The call comes as a YouGov survey for the institute showed the stark lack of trust in Westminster’s politicians.

The survey showed that while trust in politicians was low across the board, local politicians were twice as likely to be trusted as national figures and revealing that just 16% of the UK population trust politicians based in Westminster to allocate spending of budgets within regions while 32% trust local elected politicians to do this.

The survey also showed that over three quarters of the UK population said that accountability for local expenditure on public services should be placed at a local level rather than central government with 77% of the UK population believing that regions and local areas should be in control of their own budget and spending.

Responding to the survey results Rob Whiteman, the Institute’s CEO, said: “It is worrying that trust in Westminster’s political class is quite so low. However given the paucity of financial information behind so many of the parties’ manifesto commitments and how lacking in detail their spending plans are, it is scarcely surprising that most people in the UK want decisions on spending made as close to the people they affect as possible.

“This survey also demonstrates why CIPFA has been calling for greater devolution of financial powers from Westminster to local areas. The public want it and it now must fall to Westminster politicians to deliver this devolution if they are to restore the trust of people and communities up and down the country.

“Importantly this devolution must not only be over spending, in effect the power to decide where to cut, but also the power over how to raise funds to be used locally. If we are to address the trust deficit in UK politics we need to empower local leaders to make the decisions communities want and to be held accountable for their choices.”