£3.75 Billion of savings made by Government in just 10 months
I welcome the news that Government has made £3.75 billion of cash savings in just the ten months from May 2010 to March 2011. Last year Cabinet Office Minister Francis Maude promised to leave ‘no stone unturned’ in the hunt for savings from central Government spending. The Government has done just that to save billions of pounds of taxpayer money.
The money saved includes:
£870 million saved by cutting spending on consultants
Nearly £500 million by spending less on temporary agency staff
£800 million saved by negotiating better deals with suppliers
£300 million saved from IT projects
£90 million saved by better monitoring the properties Government rents
£400 million saved from marketing.
These savings in taxpayer’s money have been made by slashing the waste that had occurred under the last Government, including renting unnecessary buildings, scrapping wasteful IT projects, negotiating better deals from suppliers and reducing spending on advertising and consultants.
The amount saved in just 10 months equals more than £225 of taxes for every working household in South Derbyshire. I’m sure I am not the only one to be shocked that so much money was being so unnecessarily wasted. It is always right that money should be spent where it’s needed rather than simply frittered away, so I’m both pleased and relieved that these important savings have occurred, marking the beginning of a new ethos in Whitehall.