When we convert foreign currency into sterling it generates gains or losses, this is exactly the same for any organisation. Managing the impact of exchange rate changes is part of the normal responsibilities of government.
The Centre will draw on UK and international expertise to provide neutral advice, innovation and cutting edge science to help build cheaper, faster and reliable finance in emergencies that delivers the most benefit for the poorest people and can halve the cost of disasters.
The Secretary of State for International Development is driving a robust value for money agenda that includes a review of all DFID spending, a crackdown on profiteering suppliers, efficiency savings, and increased use of payment by results.
All government departments operate performance-related pay – this is a normal part of ensuring that civil servants are incentivised to perform well and deliver value for the taxpayer.
There is positive online, broadcast and print coverage today of the UK’s commitment to sending lifesaving aid to the people of Mosul after the official liberation of the city was announced on Monday.