Labour promises to find almost £14billion a year in Whitehall savings
Labour today promised to find almost £14billion a year in Whitehall savings as part of Chancellor Rachel Reeves ' spending plans. The Office for Value for Money, established by Ms Reeves last October, has worked with each Government department to find where they can save cash. As part of the Chancellor's spending review, it was revealed these plans had found 'total annual efficiency gains of almost £14billion by 2028-29'. These will be through 'a combination of improved outcomes and reduced cost', with most departments vowing to deliver efficiencies of at least 3 per cent within four years and some delivering over 8 per cent. The Treasury set out how civil service job cuts, greater use of Artificial Intelligence ( AI ), and flogging off Government property lay at the heart of the savings plans. It comes after Prime Minister Sir Keir Starmer used a speech in March to outline his bid to tackle the 'flabby state' with a...