The disclosure of government subsidies is crucial for transparency
Annabel Denham writes for The Telegraph
Emily Carver writes for Conservative Home
Matthew Lesh writes for City AM
Matthew argues that the Bill “will make it harder to identify, scrutinise and contest subsidies.”
“It’s a no-brainer to require disclosure of all subsidies. In the first instance, the public are entitled to know how their money is being spent by public authorities. Transparency also encourages public authorities to follow subsidy rules, allow businesses to challenge distortive subsidies, and increase our ability to assess the efficiency of public spending. It also helps identify cases of rent seeking and corruption.”
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