Question to the HM Treasury:
To ask His Majesty's Government, further to the Written Answer by the Chief Secretary to the Treasury on 17 September (HC4696), which efficiency savings for the financial years 2024–25 and 2025–26 announced before the 2024 general election have been discontinued since that time, and what was the previously estimated value of each such saving.
Departments are responsible for managing their budgets and delivering efficiency savings, both those in plans from the previous government, and those announced by the new government. Departments are not currently mandated to publish their efficiency savings.
The previous government did not publish a line by line breakdown of specific efficiency savings for 24-25 or 25-26.
The government has secured £5.5 billion of savings in 2024-25 rising to £8.1 billion in 2025-26. That means it has already managed down the £21.9 billion spending pressure to £16.4 billion.
At the recent Spending Review for 2025-26 the government set a 2% target for efficiency, productivity and savings for all departments. The Government will set out its further plans on efficiencies in the multi-year Spending Review that will conclude Spring 2025.