http://www.bbc.co.uk/news/uk-12643966
Quote:
The Ministry of Defence has admitted it has been paying £22 for a light bulb worth 65p.
Defence Secretary Liam Fox described it as "inexcusable" and evidence of a waste of taxpayers' money by the previous Labour government.
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That's right folks, under the previous administration the MoD was allowed to sign procurement contracts under which suppliers can invoice £22 for a light bulb that you or I could pick up in Asda for under a quid. Screws worth £2.50? That'll be £103 to you sir.
