How to Save £70bn in the Public Sector!

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