Cabinet Office reports billions in functional efficiency savings, predominantly from key central functions
The Cabinet Office has measured and reported on the financial efficiency savings and wider benefits made by cross-government functions since 2021. In March 2022, it reported that functions, departments and other central government bodies had achieved £3.4 billion of cash-releasing savings in 2020–21. Of this, £1.4 billion was attributable to …
Government response. The government response reiterates that the Cabinet Office started measuring and reporting financial efficiency savings in 2021, repeating the same figures for 2020-21 (£3.4 billion cash-releasing) and 2021-22 (£3.4 billion cash-releasing and £1.0 billion non-cash-releasing) as stated in the committee's …
HM Treasury