Why does Kemi Badenoch want to break up the Treasury?
From our UK edition
Conservative leadership elections aren’t usually associated with big policy ideas. But last week Kemi Badenoch put forward a proposal that could revolutionise the way the British state works. She suggested we should break up the most powerful government department, the Treasury. Others also think there’s a problem; Penny Mordaunt’s book Greater: Britain After The Storm suggests ‘decentralising’ and ‘localising’ Britain’s finance ministry. What’s behind the sudden interest in the fate of the goings-on in one building in Whitehall? At the heart of the issue is the fact that Her Majesty’s Treasury is rather unusual, and very powerful.
