Will the balance tip back towards in-sourcing?

摘要

No one comes out well from this week's combined business and welfare Commons select committees' report into the collapse of Carillion. Even taking into account select committees' tendency to have an eye on headlines, the report is a blistering exposure of incompetence, greed, feeble regulators, short-termism and mismanagement in which auditors, the government and regulators all receive a roasting and capitalism itself is questioned. For most of the report right up to the conclusion, however, one target for blame is ignored, namely the relentless public sector drive to cut costs.