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Bruton to scrap board in new merged Consumer and Competition Authority
Enterprise Minister Richard Bruton is to scrap the board of the National Consumer Agency when it is merged with the Competition Authority.
In keeping with the commitment in the Programme for Government to scrap agency boards where appropriate, the new Consumer and Competition Authority will not have a CEO, a Chairman or a board and will report directly to the Minister. Under current legislation, the National Consumer Agency has CEO, a Chairman and a Board of 11 people. This measure will result in savings of approximately €170,000 per year in Board and Board-related fees.
Today’s announcement follows last Friday’s speech by Minister Bruton in UCD in which he unveiled a proposal to merge five bodies in the employment rights area to improve the service to users and reduce costs.
Making today’s announcement, Minister Bruton said:
If we are to get out of this crisis, we must relentlessly pursue a radical reform agenda, including a determined programme of cost reductions across the economy. In recent weeks I have announced a number of measures which are aimed at this vital goal, and I am determined to continue seeking out and implementing cost reduction policies at all levels of the economy.
Read the full press release here.