The First Cuts
Pensions and public sector in firing line 'to save taxpayer £50bn' - Scotsman.com News
DRASTIC plans to solve the UK's debt crisis by saving £50 billion from public spending per year have been outlined by the Institute of Directors and the Taxpayers' Alliance.
A freeze on the state pension, abolition of the government's controversial identity card scheme and a 10 per cent cut in "non-frontline" staff in the NHS and schools have been suggested as methods of tackling the UK's debt crisis.
CUTS FOR CONSIDERATION
SOME of the 34 proposals:
1 Abolish Building Schools for the Future £2.3bn
2 Halt further orders and upgrades for Eurofighter £740m
3 Abolish NHS National Programme for IT £1.2bn
4 Abolish ID cards £55m
5 Cut non-frontline staff in health and schools by 10 per cent £921m
6 Reduce size of civil service by 10 per cent £1.2bn
7 Cut 10 per cent from budgets of most non-ministerial departments £1.7bn
8 One-year freeze of grants given to Scotland, Northern Ireland and Wales £1.4bn
9 One-year freeze of the Basic State Pension and the Minimum Income Guarantee £1.4bn
10 One-year pay freeze across public sector, excluding armed forces serving in conflict zones £6.2bn
11 Increase employee contributions to all unfunded public-sector pension schemes by a third £2.5bn
12 Abolish Child Benefit and Child Trust Fund, and increase Child Element of Child Tax Credit £8.5bn
I can't find a link to the release or it reported in any of the serious London Papers - The Guardian has a snarky piece though - so all I can say is that it sounds like a sensible start.
I'm sure we can all think of a few more to go the list.
Comments
Only 55 million saved by abolishing ID cards? Methinks someone's slipped the decimal point one step to the left.
Posted by: The Remittance Man | September 11, 2009 7:13 AM
The Remittance Man,
That is the annual saving, the figures that normally get quoted are the total cost over a number of years.
Best,
Matt
Posted by: Matthew Sinclair | September 11, 2009 10:19 AM
Yeah - spend mindlessly and get us into hock, blame us and bring in swingeing cuts to our services, which we pay for.
Posted by: jameshigham | September 11, 2009 2:04 PM