Maybe George Osborne read our blog post yesterday morning. England’s RDAs have been asked to find £270m of savings – approximately 20% of their overall budget for the year (outside London).
The RDA’s gave this statement:
“As has been widely predicted, many parts of the public sector have today been asked to take their share of a £6.2bn reduction from this year’s (2010/11) budgets…This will not be easy particularly as we are already six weeks into the current financial year and RDAs will have already committed substantial parts of their budgets. We are not alone as many organisations and businesses are facing difficult decisions at this critical time for the economy. We will work with our partners across the country to make these reductions quickly and efficiently while still continuing to support hard-pressed businesses, help re-balance the economy and invest in a low carbon future.”
“We do not yet know which individual projects and areas of RDA work will be affected, but each RDA is likely to have to find a share of the overall reduction in the next few weeks. We cannot rule out at this stage looking to delay or scale back on some projects to which we are already committed.”
Please let us know if you are negatively affected by the cuts!
By Steve West
Marketing & Business Development Manager
