Spend more wisely, ex-Treasury mandarin tells ministers

A former top Treasury official has urged ministers to spend taxpayer money wisely as economists warned the country's Covid borrowing spree will last until 2030. Lord Nicholas Macpherson said “the taps have been opened up to such an extent there is very little focus on the quality of expenditure”, urging the Government to take more care to ensure it is racking up record debts for good reasons. “We can all debate about what is the correct level of support to demand in the economy