Department for Business and Trade: Cost Effectiveness
The question
To ask the Secretary of State for Business and Trade, what assessment he has made of potential efficiency savings (a) his Department and (b) in arms length bodies for which his Department is responsible.
Answered by Justin Madders
At the announcement of Phase 2 of the 2025 Spending Review, departments have been set a target of identifying efficiency savings of 5% by 2029. Through the spending review process my department will be carrying out the required work to identify options for delivering my priorities while maximising value for money for the taxpayer.
Phase 2 will focus on supporting the government's missions by utilising technology and reforming public services to support delivery of the government's plans for a decade of national renewal.
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