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£16 billion in savings needs to be found

The ginger dude will tell ministers to save £16 billion

http://www.telegraph.co.uk/news/politics/9219764/Ministers-told-to-find-billions-more-in-savings.html

Ministers are to be ordered to come up with £16billion-worth of savings amid growing concern about the future of the euro and the state of the British economy.
Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
«134567

Comments

  • pqrdef
    pqrdef Posts: 4,552 Forumite
    We ain't seen nuffin yet. Wait till we call in the IMF.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • TDPIX
    TDPIX Posts: 263 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Good :) These cuts will almost definitely be enacted in the 2013 spending review, too. Would still have preferred bigger cuts and corresponding tax cuts, but this is a start.
  • ILW
    ILW Posts: 18,333 Forumite
    I believe 16billion is about what the Olympics will end up costing.

    A few weeks of "fun" followed by decades of paying back.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Pretty easy to find £16 billion of savings if you ask me. I reckon I could find 10 times that in about 45 minutes given a list of govt expenditure and a red pen. Given that the match that was intended to ignite the bonfire of the quangos fizzled out, I would suggest that the "Ginger Dude" starts there (perhaps with the help of one of Francis Maude's jerry cans of petrol this time).
  • GDB2222
    GDB2222 Posts: 26,888 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Customs & Excise found some savings a few years back. They used to provide a reply-paid envelope with my VAT return. Then, to 'save money', they made me pay for return postage. (I am not suggesting that they singled me out for this treatment.) Clearly, for the UK as a whole, there was no saving whatsoever, but Customs and Excise were able to tell their masters that they have saved a few million pounds a year this way.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • The waste that goes on is incredible. Never mind red pen, get the chainsaw out.
    16 billion would be easy, if you weren't worried about the chances of voters putting you out to grass every 4 years. That's the problem - self serving MPs. Turkeys don't vote for christmas.
  • TDPIX wrote: »
    Good :) These cuts will almost definitely be enacted in the 2013 spending review, too. Would still have preferred bigger cuts and corresponding tax cuts, but this is a start.

    Tax cuts? I'll have some of what you're on! There's only one way taxs are going and its not down.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Last I checked Afghanistan was costing £4.5bn per annum.
    Factor in Iraq costs. Money savings there.

    We could still sell one of those new aircraft carriers to the French too. They might actually have some aircraft to use on it.

    A 5% contingency fund is not going to go far if Euroland really does go bang.
  • sheffield_lad
    sheffield_lad Posts: 1,990 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    More cuts needed, Labour say so far cuts have been savage, they have not been anywhere near what is needed. Roll on more cuts in benefits and gov spending, it hurts but its needed after the mess left by the last lot.
  • thescouselander
    thescouselander Posts: 5,547 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 23 April 2012 at 9:28PM
    The easiest way to make the cuts would be to tell any business that has a contract with the government they will be providing their services at half the price. Job done.
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