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How important is the World Cup going to be for National finances? Whichever party forms the next Government, their ability to direct the finances may well be significantly affected by the performance of the England Football team during the World Cup. |
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The problem with cutting costs is that it costs money. What can Government do to make the investment needed to cut costs? |
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The impending public sector cuts will inevitably bring a new focus onto e-auctions. But with a lack of expertise within individual organisations, how will the public sector respond? |
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Gemma Tetlow of the Institute of Fiscal studies ( www.ifs.org.uk) has found out that the budget does actually include a cut in public sector spend. What was labelled as a 17% cut in Government 'investment', will in fact be a 0.1% cut in the total budget. Avoiding the parts of the budget that can not be cut (benefits and loan repayments), departments are likely face an average cut of 2.3% in 2011/12 and 2013/14.
It is unlikely that these cuts will fall evenly across the board. Given the pressure to protect health and education budgets, it seems likely that the axe will fall heavily on Local Government. Given that incomes are falling and demands for services are increasing, the next few years promise to be extremely challenging for Local Government finances. The IFS is a politically independent research institute established in 1965 in oder to undertake thorough analysis of the country's fiscal strategies. |
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The London Borough of Havering ensures that over 78% of their spend goes into their local economy. Using a local SME means that 83p of every £1 spent will filter back into the local economy. However, at a time when cost control is paramount can Local Government afford to use small suppliers?
At Ticon, we prefer to turn this question on it's head, 'can Local Government' survive without SME suppliers? Given that nearly 50% of Local Government spend is with SMEs that looks unlikely. Whilst it is tempting to view small suppliers as a luxury, in fact small suppliers are likely to provide the bulk of a council's procurement savings.
So what can you do to flow more money into your local economy? |
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Our papers
 This report marks the fifth year of Ticon’s compiling and publishing of the Government Procurement Card annual report. 2008 accounts for over £165m savings across over 1,300 active programmes in the UK public sector, click here to download (pdf).
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What our clients say
 "Ticon has provided excellent project support across three concurrent service transformation National Projects. When the National Process Improvement Project needed someone to manage the publication of all of the outputs, we were happy that Ticon was awarded the contract. I know I can always rely on Ticon’s structured approach to project management and their professionalism and attention to detail."
Colin Whitehouse, Senior Advisor, Communities and Local Government |
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Our services
 We have the knowledge and expertise to help improve your procurement function. Our detailed understanding of supply chains and procurement governance means that we can provide the support you need to improve your purchasing.
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Newsletter features
Ticon publishes an irregular newsletter with analysis and commentary on public sector issues. Subscribe to the newsletter. |
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Government
