Head of government’s new value for money office ‘to be paid £950 a day’

David Goldstone to advise chancellor and chief secretary to the Treasury on ways to cut public spending

David Goldstone, the government’s new value for money chair, will receive a daily salary rate of £950, it has been reported.

The position was announced by the chancellor Rachel Reeves as part of Wednesday’s budget statement. She said Goldstone, who will be in post for a year, would “help us realise the benefits from every pound of public spending”.