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Tuesday 26 February 2013

It's that time of year

Everywhere I go in London at the moment I am confronted by roadworks, I suppose it's that time of year when local councils highways departments work extra hard to spend all of their budget before the end of the financial year. That's one of the differences between the public and the private sector. In the private sector, departments try to cut expenditure and waste in order to increase profitability. In the public sector departments have to spend their whole budget so as to justify no reduction in budget next year.

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