Very good comments from Stevie Lee above.
And if you want to talk about wasting public money on cancelled projects, it doesn't get much worse than the £9.8billion diddled up the wall on the utterly unfit for purpose NHS National Programme for IT, £4.8billion on the National Identity Register and its associated ID card wheeze, and around £4.5billion on the Nimrod MRA4 anti-submarine warfare aircraft.
Compared to all of that, wasting just a couple of million quid is peanuts.