An article in the April issue of Management Today tackles the issues surrounding making savings in the UK Public Sector.
Extracted from the book 'Driving Down Cost: How to manage and cut costs - intelligently' by Andrew Wileman, and entitled "How to trim the fat..." the article attempts to address the public sector challenges and identifies six possible areas where savings totalling £70bn could be made. It will be interesting to gauge the response to some of the suggestions from those within the sector - watch this space!
Six areas of saving:
1. Privatisations and disposals of Government Assets
2. Investment deferral
3. Revenue-raising offsets
4. External purchases
5. Redistribution and social protection
6. Reduction in staff costs
Read the full article here
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