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General Chat Thread, Phew, Not as bad as we thought in General; Since taking up their jobs at the Treasury Mr Osborne and Mr Laws have had discussions with the secretaries of ...
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    mbird's Avatar
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    Phew, Not as bad as we thought

    Since taking up their jobs at the Treasury Mr Osborne and Mr Laws have had discussions with the secretaries of state of each department. They also sought advice from officials at the Treasury and Bank of England on whether these savings are viable.
    It is the coalition government's first move to tackle the UK's 156m deficit, attempting to reduce any waste in Whitehall ahead of a spending review later in 2010.
    There will be more details as well - including on civil service pay - in an emergency Budget on 22 June.
    BBC News - Spending cuts: The 6.2bn savings at-a-glance

    i am fairly sure its been corrected by now.

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    Bye bye BECTA:

    By closing the quango British Educational Communications and Technology Agency (BECTA) the government hopes to save 80m.

    Ben

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    Quote Originally Posted by plexer View Post
    Bye bye BECTA:

    By closing the quango British Educational Communications and Technology Agency (BECTA) the government hopes to save 80m.

    Ben
    Quick note ... by closing Becta and costs savings in other QANGOs they will save 80m at present there is no news if any of Becta's work will go elsewhere so it may be that they only save 40m from Becta's 65m budget, but savings elswhere make up the difference. In the same way you can with stats, political budgets can mean almost anything until see you the fine print. (this is speculation on where money will be moved around / saved on my part!)

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