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".