We found that:
- The Efficiency and Reform Group (ERG) announced that the government has achieved savings against baseline of £5.4bn by the mid-year of 2013/14.
- This is part of a drive to achieve £20bn savings against baseline by 2015
- Reduction in civil service pay bill and changes to commercial relationships have been the largest components of the savings made by 2012/13, with transformation efforts and major projects increasing as a proportion of the savings in 2012/13.
- ERG has bolstered the credibility of these figures by ensuring transparency about the figures and methodologies used to derive them.
Leading this research at the Institute, Petr Bouchal said:
“By the end of 2012/13, the Efficiency and Reform Group has achieved savings of £10bn against its baseline. This means substantial progress towards achieving the goal of £20bn savings against its baseline by 2014/15. As the savings are calculated using a number of methodologies, it is important that the ERG continue to provide transparency about how the overall savings figures were derived and what they contain.”