Ticon UK Ltd

£Savings aren't just a matter of price

Savings are a combination of lower prices and less usage,
Ticon helps you to find price savings, but we also help
you to control spend, so that you can deliver real savings. 

Home Government Government savings Hidden in the Budget, a 2.3% cut
Hidden in the Budget, a 2.3% cut
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.
More on the 2.3% cut can be found at the Health Service Journal.
The IFS is a politically independent research institute established in 1965 in oder to undertake thorough analysis of the country's fiscal strategies. 
 

Our services

Project office & programme management
Our servicesTicon have an excellent track record of managing large scale awareness and change programmes for public sector organisations. We have worked on four nationwide projects for Central Government departments as well as regional programmes.
Read more...