Cabinet Office
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Government unveils £14.3 billion of savings for 2013 to 2014
The Efficiency and Reform Group has supported departments in saving £14.3 billion against a 2009 to 2010 baseline.
The government’s programme of Efficiency and Reform helped save hard-working taxpayers £14.3 billion in 2013 to 2014, against a 2009 to 2010 baseline, Chancellor of the Exchequer, George Osborne and Minister for the Cabinet Office, Francis Maude announced today.
These unprecedented savings have been delivered by departments across government and coordinated by the Efficiency and Reform Group (ERG), established after the 2010 general election. The group, which works with government departments to make savings and address wasteful spend, is a joint Cabinet Office and HM Treasury initiative led by the Minister for the Cabinet Office, Francis Maude.
Read the technical note and a handout summarising savings across government.
The £14.3 billion saved is equivalent to nearly £850 for each working household across Britain – that’s enough to fund over half a million nurses or pay for more than 3 million primary school places. These savings follow £10 billion saved with ERG for 2012 to 2013, £5.5 billion in 2011 to 2012 and £3.75 billion in 2010 to 2011 – all measured against a 2009 to 2010 baseline; some are recurring costs and some are one-off.
