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Cable throws more quangos on cost-saving bonfire

Business secretary Vince Cable is to save taxpayers £8.6m per year by cutting several more Department for Business quangos.

Business secretary Vince Cable is to save taxpayers £8.6m per year by cutting several more Department for Business quangos.

Cable will shut this year the Strategic Advisory Board for Intellectual Property policy (SABIP), SITPRO (Simplifying International Trade) and the Waste Electrical and Electronic Equipment Advisory Body (WAB), and the British Shipbuilders Corporation will close next year.

The SABIP's work will go to the Intellectual Property Office, and that of the others will go to the Department for Business.

The government has already closed seven regional industrial development boards, UfI/Learndirect, the Learning & Skills Improvement Service, the Institute for Learning; Standards and Verification UK, IiP UK; and the Hearing Aid Council.

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