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flag UK lawmakers criticize Chancellor Rachel Reeves' new Office for Value for Money as vague and ineffective.

flag UK lawmakers have criticized the Office for Value for Money (OVfM), established by Chancellor Rachel Reeves to oversee efficient use of public funds, calling it vague and understaffed. flag The Treasury Committee questions its effectiveness, noting it risks duplicating existing bodies and lacks a clear plan to measure success. flag This criticism comes as the office aims to drive cost savings during the upcoming spending review.

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