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FCO exchange rate move attacked

The decision to stop protecting the foreign office budget from exchange rate changes has risked its efficiency, the foreign affairs committee have said. The fall in sterling's value is said to have led to cuts in embassies around the world.

Green Box: FCO exchange rate move attackedClick to open

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Thomas Paine
  • 06:03 |
  • 22 Mar 2010
  • 0

Not clear why the the FCO should be protected from currency decline. Its not an essential front-line service and could easily be cut with little disbenefit. Thy will have to lower their life-style like the rest of us!



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