The report is the culmination of a year-long Commission, chaired by Lord McFall, former chair of the Treasury Select Committee. It considered the public spending options for a government coming to power in 2015.
Whichever political party wins the 2015 election, the next government will have to make tough choices on the economy and the prospect of further cuts will loom over any administration.
The Fabian Society Commission on Future Spending Choices ran from September 2012 to October 2013 and made recommendations on how spending decisions can be made in a way that best safeguards prosperity, sustainability and social justice.
The Commission focussed on a number of key issues, including: the purpose of public spending and the values and criteria which should be adopted, for determining spending allocations; pressures and priorities for public spending, including issues of long-term sustainability; likely scenarios for overall public spending between 2015 and 2020; economic reforms which might reduce demand for public spending; how public spending can best support growth, jobs and earnings; and how the public sector can manage with less money. It will recommend priorities for new spending and the ‘least bad’ areas to cut.
Lord McFall of Alcluith (Chair)
Lord McFall was Chairman of the House of Commons Treasury Committee, a position which he held between 2001 and 2010. He currently serves on the House of Lords Economic Affairs Committee.
Dan was Senior Adviser to the Prime Minister on the Economy from 2007 to 2010 and Head of the Number 10 Policy Unit (2007-8). He has been Chair of the Council of Economic Advisers in the Treasury.
Andrew Harrop has been General Secretary of the Fabian Society since September 2011. He has written extensively on public services including the recent Fabian publications The Coalition and Universalism and For the Public Good.
Ray Shostak CBE, was Head of the Prime Minister’s Delivery Unit and Director General, Performance from 2007 -2011. He was a member of the Board of HM Treasury and had policy responsibility for the government’s performance framework.
Anna Smee is the Director of Ventures at The Young Foundation.Prior to this, Anna was Managing Director of Hundred Consulting, working with private equity and venture capital firms.
David Walker is part-time director of getstats, the Royal Statistical Society’s campaign for statistical literacy and a contributing editor at Guardian Public Leaders Network. He is chair of the Economic and Social Research Council’s methods and infrastructure committee.