Cable closes more quangos

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The Business Secretary, Vince Cable, has announced four more quangos are for the chop to help cut the UK’s deficit.

Amongst the cut quangos, chosen by Cable and his department for business, innovation and skills (BIS), are the Waste Electrical and Electronic Equipment Advisory Body (WAB) and the Strategic Advisory Board for Intellectual Property policy (SABIP).

BIS will pick up the responsibilities for most of the organisations, excluding SABIP, which will pass to the Intellectual Property Office.

“We are absolutely committed to reducing the number and cost of quangos that we no longer need,” claimed Cable.

“By bringing these functions back into Government, we make their activities more accountable and can reduce the considerable administrative costs that they place on the taxpayer.”

This latest round of cuts brings the number of quangos no longer receiving funding from BIS to 17.

But the Government is not done yet and more funding cut announcements are due in the autumn.

Back in May, BIS cut the funding for Sir Tim Berners-Lee’s Institute for Web Science, which was set up at Southampton University.

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