During the past two decades, we have devised solutions for a variety of categories in the financial services sector and in the legal and accounting professions. A large part of our IP focuses on supplementing or replacing public sector services with those from the private sector. In many cases, the services provided by government, including by regulators are expensive, waste enormous amounts of taxpayers money, are ineffective and have low productivity. But government itself has no facility within it to reverse this.
The Thatcher era was characterised by privatisation of defunct nationalised industries. The post-Brexit era could make many regulators, government departments, quangos, commissions and authorities self-supporting, more productive or even abolish some and replace them with better, cheaper services.
All of the regulatory and public sector categories are problematic and have been the subject of either UK Parliamentary Inquiries or Ministerial scrutiny. They consume hundreds of £BNs in government expenditure, a proportion of which is wasted.
