21 October 2005
The Commons Public Accounts Committee has urged the government to impose stricter targets for distributing cash raised from the National Lottery.
In a scathing report this week the PAC said £2.4bn which could be used for good causes was sitting idle in bank accounts.
Chair Edward Leigh said lottery money was for funding worthy projects, and had distributors not been 'too timid', an extra £450m would have been committed by March 2004.
But Mike O'Connor, chair of the UK Lottery Forum, said: 'As well as having spent all the money we have got, we have spent money we hope to get over the next year or two.'
PFoct2005