{"id":10406,"date":"2015-06-05T18:53:40","date_gmt":"2015-06-05T17:53:40","guid":{"rendered":"http:\/\/ihbconline.co.uk\/newsachive\/?p=10406"},"modified":"2015-06-05T18:53:40","modified_gmt":"2015-06-05T17:53:40","slug":"first-treasury-savings-announced","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=10406","title":{"rendered":"First treasury savings announced"},"content":{"rendered":"

The Treasury has released information on planned savings by department, including \u00a3230 million in DCLG, \u00a330 million in DCMS and \u00a383 million in DEFRA.<\/u><\/p>\n

HM Treasury writes:
\n<\/u>The savings for 2015-16 announced today (Thursday 4 June) are being achieved through further efficiency savings, tighter control of budgets to drive underspends in year, and driving through asset sales.<\/p>\n

The following table breaks down savings by department, excluding receipts from Royal Mail share sales.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Department<\/td>\nSavings (\u00a3m)<\/td>\n<\/tr>\n
Education non-schools<\/td>\n450<\/td>\n<\/tr>\n
Department of Health non NHS<\/td>\n200<\/td>\n<\/tr>\n
Transport incl. King\u2019s Cross property<\/td>\n545<\/td>\n<\/tr>\n
CLG Communities<\/td>\n230<\/td>\n<\/tr>\n
Business, Innovation and Skills<\/td>\n450<\/td>\n<\/tr>\n
Home Office<\/td>\n30<\/td>\n<\/tr>\n
Justice<\/td>\n249<\/td>\n<\/tr>\n
Defence<\/td>\n500<\/td>\n<\/tr>\n
Foreign and Commonwealth Office<\/td>\n20<\/td>\n<\/tr>\n
Energy and Climate Change<\/td>\n70<\/td>\n<\/tr>\n
Environment, Food and Rural Affairs<\/td>\n83<\/td>\n<\/tr>\n
Culture, Media and Sport<\/td>\n30<\/td>\n<\/tr>\n
Work and Pensions<\/td>\n105<\/td>\n<\/tr>\n
HM Revenue and Customs<\/td>\n80<\/td>\n<\/tr>\n
HM Treasury<\/td>\n7<\/td>\n<\/tr>\n
Cabinet Office<\/td>\n17<\/td>\n<\/tr>\n
Total<\/td>\n3,066<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

View the full press release<\/a><\/p>\n

View an Institute of Fiscal studies analysis<\/a> of the potential impacts of cuts<\/p>\n","protected":false},"excerpt":{"rendered":"

The Treasury has released information on planned savings by department, including \u00a3230 million in DCLG, \u00a330 million in DCMS and \u00a383 million in DEFRA. HM Treasury writes: The savings for 2015-16 announced today (Thursday 4 June) are being achieved through … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-10406","post","type-post","status-publish","format-standard","hentry","category-sector-newsblog"],"_links":{"self":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/10406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10406"}],"version-history":[{"count":1,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/10406\/revisions"}],"predecessor-version":[{"id":10407,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/10406\/revisions\/10407"}],"wp:attachment":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}