'Bonfire of Quangos' Update.

Maude set the torch alight back in August

tbg has been regularly updating readers as regards the coalition's 'bonfire of the quangos' so today we decided to offer a quick update.

Since May 2010 a total of 114 quangos have been axed and more than 150 of the original 900 have been merged into below 70.

Cabinet Office Minister Francis Maude tells tbg:

"We acted swiftly to close down unnecessary public bodies and ensure that those that remain are fit to deliver public services efficiently and effectively."

"They are well on track to reduce the administration cost of public bodies by at least £2.6 Billion by 2015".