Rachel Reeves’ value for money tsar to be paid £950 a day

Rachel Reeves announced during her Budget speech that Mr Goldstone was being appointed - (PA Wire)

The government’s new value for money tsar will be paid a day rate of £950, the equivalent of a £247,000 annual salary.

David Goldstone, who will take up the position of chairman of the new Office for Value for Money, will effectively be on a higher pro-rata salary than the prime minister.