Articles tagged with: spending cuts

25/10/10 9:24 am

There are more absentees in the public sector than the private sector and stress is the most common cause of absence, a report has found.
The Chartered Institute of Personnel and Development’s Absence Survey, which is published today, shows 35% of employers across all sectors have reported that stress-related absence has …

20/10/10 2:23 pm

Tony Reeves, chief executive of Bradford City Council, explains how today’s Comprehensive Spending Review will affect his city, including job cuts of up to 3,000 and £1bn being taken out of the local economy.
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Bradford City Council has 20,000 employees. We can expect to have 3,000 fewer by the end of …

Spending Review: Britain braced for £83bn cuts
20/10/10 9:19 am

The country is bracing itself for £83bn of public sector spending cuts that chancellor George Osborne is due to set out this lunchtime.
Today, Osborne is going to announce the results of the Treasury’s comprehensive spending review, which the government expects to lead to the loss of 490,000 public sector jobs …

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14/10/10 10:37 am

What it is: The Cabinet Office has published a list of almost 500 quangos it is either going to axe, merge or reform.
When it came out: 14 October 2010
Why it is important: The reform of quangos plays a significant part of the government’s plan to save money and improve government …

14/10/10 10:30 am

Francis Maude has announced that 192  government quangos are set to be axed, and a further 289 to be reformed.
This morning, Cabinet Office minister Maude published the definitive list of bodies to be scrapped including the Infrastructure Planning Commission and development corporations in the Thames Gateway.
The Homes and Communities Agency …

13/10/10 11:20 am

Half a million private sector jobs could be lost as a result of upcoming public sector cuts, new research from PricewaterhouseCoopers has revealed.
The professional services firm has said in a report out today, called Sectoral and Regional Impact of the Fiscal Squeeze, that public sector cuts could lead to a …

Connaught suspends shares from London Stock Exchange
7/09/10 11:16 am

Social housing company Connaught has suspended its shares from the London Stock Exchange as it faces new financial difficulties.
The company has today warned that it is unlikely to get the funding it needs in order to stay afloat. In June, the company issued a profit warning about the expected impact …

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Union slams coalition’s “Russian roulette” cuts
5/08/10 9:58 am

The UK’s biggest trade union Unite has slammed the coalition for making deep local government spending cuts today, as the threat of public sector strike action grows.
Tony Woodley, joint general secretary of the Unite, will warn public sector activists at a meeting today that the  government risks playing “Russian roulette” …

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17/06/10 4:19 pm

The government has axed projects worth £2bn and suspended projects worth £8.5bn that were agreed earlier this year by the previous Labour administration.
Treasury chief secretary Danny Alexander (pictured) has announced that projects agreed this year that are not good value for money or do not reflect the priorities of the …

24/05/10 10:22 am

Chancellor George Osborne has announced £6.2bn of savings the government wants this financial year, including £170m savings from property.
Osborne and David Laws, chief secretary to the Treasury, set out plans to start reducing the £156bn public sector budget deficit this morning. They said the Treasury would need to give approval …