What it is

The Treasury has today unveiled its plan to make £6.2bn savings in public sector spending in a bid to cut the deficit. This press notice was published alongside speeches by George Osborne and David Laws.

When it came out

24 May 2010

Why it is important

The government has pledged to make £170m through using its property more efficiently. It has also ordered regional development agencies to save £270m in their budgets.The Department for Communities and Local Government is expected to save £780m in the next financial year too.

To read the notice in full, click here: Cuts Document

• CLG confirms £1.16bn local government funding cuts
• The Coalition: our programme for government
• Osborne includes property in £6.2bn savings plan
• Public property is “ripe for cuts”, says CIPD
• Osborne: departments must look to privatise property