Logo Top Home  About the Institution of Operations Management  Contact Us  Shopping Basket  Member Login  Forum 
Institute of Operations Management
Membership Education and Training Events Learning Resources Journal and News Members Only
 
Search Options
Click here to Search the Website
Join the IOM Today
Find us on LinkedIn
Read about APICS
Operations Management News RSS feed Why not subscribe to our RSS feed of IOM News?

Local councils to feel Spending Review impact

21 October 2010
Add to: Digg Add to: Del.icio.us Add to: Facebook Add to: Furl Add to: Google Add to: Live Spaces Add to: MySpace Add to: StumbleUpon Add to: Twitter
Local councils to feel Spending Review impactCuts have been introduced to local authority budgets as part of the government's Spending Review.

Announcing the results of the exercise in parliament, chancellor George Osborne stated that local authorities will see a fall of around 30 per cent in their overall capital expenditure over the review period, which runs to 2015.

In addition to cuts to capital spending, money provided in this area by government departments will be reduced by an estimated 45 per cent.

Local government resource DEL, which includes resource and capital expenditure, will drop by 28 per cent, with an overall reduction in revenue grants of around 26 per cent when funding from other departments is taken into consideration.

Operations management professionals may be involved in implementing savings, as they are expected to be generated through smarter procurement, improving asset management, streamlining and merging operations and identifying better ways of delivering services.

Commenting on Mr Osborne's announcement to parliament yesterday (October 20th), communities and local government secretary Eric Pickles stated: "Councils need to be innovative - to change the way they deliver services to get the most for their money and get at problems before they become entrenched."ADNFCR-3058-ID-800134238-ADNFCR
Bookmark this Article Link to this Article Subscribe to the IOM Newsletter Send this Article to a Friend/Colleague

Related News

Labour proposes implementing Japanese operations management in education
17 May 2012
Following Japan''s example of continuous improvement in classroom standards could benefit UK schools, a Labour politician claims.
Better operations management needed ''to meet public sector efficiency targets''
30 April 2012
Progress has been made towards public sector spending reduction targets, but much more needs to be done.
23 April 2012
The supply chain and operations management landscape is changing. As the global leader and premier source of the body of knowledge in supply chain and....
May public sector strikes could require operations management strategies
20 April 2012
Proposed strikes in May could be set to hinder operations management for companies across the UK.

Link To This Article

Copy and Paste the following HTML into your page.
 

The Institute of Operations Management, CILT(UK), Earlstrees Court, Earlstrees Road, Corby, Northants NN17 4AX.
Tel: 01536 740105. Fax: 01536 740101. Email: info@iomnet.org.uk
    © 2012, The Institute of Operations Management.     Help |  Site Map |  Legal Disclaimer |  Privacy Policy Designed By ZARR