Press releases

Autumn Statement prediction

Could a Whitehall efficiency programme be the big surprise?

27 November 2014

Mike Turley, head of public sector at Deloitte, the business advisory firm, comments:

“Details of an ambitious government reform plan could be this Autumn Statement’s big surprise. A Whitehall efficiency programme for the next Parliament has long been promised in time for next week’s statement, but no detail has emerged. And with half the deficit still to be eliminated, achieving efficiencies through reform could play a huge role in mitigating the impact of government spending cuts to come.

“Productivity improvements could help the state deliver the same activities or more with reduced budgets. Our analysis suggests that each one per cent of public sector staff time saved through a productivity measure is worth £1.6 billion to the public purse.

“With regard to public sector borrowing, tax receipts have been lower than hoped, meaning borrowing in 2014-15 has been higher than the previous year in every month up to October. This Autumn Statement could well change the official outlook for reducing the deficit as the Office for Budget Responsibility recalibrates its forecasts.”

 

Ends

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Deloitte’s Autumn Statement coverage will be on our dedicated website http://www.ukbudget.com

You can also follow us on Twitter: @ukbudget where Bill Dodwell, head of tax policy at Deloitte, gives regular views.

Note to editors

In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press.

For more information, please visit www.deloitte.co.uk

Member of Deloitte Touche Tohmatsu Limited

Will Black
Deloitte LLP
+44 (0) 20 7007 8242
wiblack@deloitte.co.uk

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