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In last week's budget, Gordon Brown announced large efficiency savings, amounting to £20 billion a year by 2008.
The NHS is being asked to carry out rapid changes, while at the same time making huge efficiency savings amounting to 4% a year.
This article was amended on 8 March 2011: In the original, it was said that putative budget savings, amounting to £40 per patient, would be booked as "profit".
Even if it was to opt for three submarines instead of four the savings, amounting to perhaps £3bn, would be small compared to the total cost of the future Trident system, according to government figures.
The health secretary also suggested that the Tories could find efficiency savings amounting to more than £22bn, meaning it would have to spend less to meet the plan, adding that the details would be worked out in the summer.
The biggest single chunk of savings – amounting to £16bn between 2015 and 2020 – will be found from reductions to income thresholds in tax credits and work allowances, effectively reducing the amount of earnings households can keep before their benefit entitlements are reduced.
Similar(47)
The savings amounts of students show that students in private universities, on the average, save more (GH∝ 1,464.28), than students in the public universities (GH∝ 866.67).
On our homeowner's policy, the discount savings amounted to $221.93 a year.
India's savings amount to 33.7 percent of its gross domestic product.
They are: the students' citizenship status; family living arrangement; number of siblings simultaneously in college; annual family income; approximate value of home; size of remaining mortgage; amount of retirement savings; amount of cash savings; amount of other investment holdings.
Imagine: if every money-wasting incompetence or petty dishonesty was called to account, what would the savings amount to?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com