Much criticism has been levelled at Mrs May's promise to give the Brexit dividend to the NHS on the dubious claim that there is no such dividend. As Mogg pointed out commonsense dictates there is a dividend. The IFS. BoE etc don't do commonsense or Mrs Thatcher style housekeeping.
There is an even bigger pot of money wasted that we could reclaim for the NHS and that is the whole DFID dept and budget of around £14 bn. I am not against giving aid to poor people in poor countries.but institutionalising it into the traditional Civil Service bureaucratic departmental structure headed up by a permanent sec, sec of state plus support staff and fixed budget is clearly the wrong structure. It has generated a whole new tribe in Africa , the Wabenzi, called after the Mercedes Benz motor cars corrupt African government officials buy with our Aid money.
The worst thing for a career civil servant to do is not to spend his budget. HMT will simply take that money away next year saying you can obviously manage on less. This ensures you a rapid transfer to the DVLC, the civil service gulag. Hence towards the end of the financial year DFID runs around like a headless chicken seeking to spend money on anything that will spend all the budget.This ensure thegongs for the mandarins are safe.
There are other and more effective ways of managing aid e.g. Melissa Gates very effective anti-malaria programme. She and Bill with a matching contribution from Warren Buffet are simply following the model instituted by previous great US philanthropists particularly the Dunfermline born Andrew Carnegie whose 100 year old foundation still funds students at Scottish and other universities. It also funded a huge programme of Uk public library building most of which are still in use. That is the model we should follow on Aid spending. Shut down DFID and its Sir Humphreys. Deliver better aid programmes and save money to boot. Now that is a real dividend.for the UK populace Mrs May.