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The predicted savings from universal credit have been dramatically reduced ahead of the scheme's nationwide launch.
Together, the retailers would have more than 1,200 stores in Britain, and Spruntulis predicted savings could be made through closures and a pooled head office.
And this was before the country completed its shift to bigger rigs; after that, the department predicted, savings could be 27percentt greater.
Thomson Reuters said the latest round of cuts would cost it about $350m on top of $100m set aside for those already announced, and predicted savings of about $300m a year by 2015.
The shared service approach is not without its critics: there's evidence to suggest that few such projects deliver the predicted savings, and many end up costing more than the arrangements they replace.
In the pilot, homeowners made repayments for green technologies over a long enough period so payments are lower than the predicted savings on energy bills, though the financial packages also included options in which they paid some of the upfront costs.
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The total predicted saving is £1.4bn over 15 years, after taking into account £234m of investment, redundancy and other costs relating to implementation.
The exact amount that will be paid to claimants of PIP is hard to come by but given the predicted saving it will be considerably less than the Disability Living Allowance.
While it is legitimate to assess the rules around access to employment benefits for European migrants, a predicted saving of just £15 million shows just how few people this will affect.
The DWP predicts savings of £84m from welfare reform for 2013-14.
The two firms predict savings of €1.5 billion a year by 2010 as a result of the merger.
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CEO of Professional Science Editing for Scientists @ prosciediting.com