Billions of pounds’ worth of public projects will have to be scrapped by Theresa May because of a “tidal wave” of pressures from an impending Brexit, the head of Whitehall’s official spending watchdog has said. “You are going to have to rein in projects … and say, what is the benefit? “I think that a lot of this will happen anyway as the [Brexit] plans build up,” he said. Ministerial ambition also made it hard for the government to think rationally about which projects were “must have” and which were “would like” and expendable, he said. You can truly use the word emergency about getting a Brexit right,” he said.

Source: The Guardian July 21, 2016 21:00 UTC