Asked by: Shabana Mahmood (Labour - Birmingham Ladywood)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Culture, Media and Sport, with reference to the HM Treasury press release, Chancellor announces £4.5 billion of measures to bring down debt, published on 4 June 2015, what efficiency savings his Department plans to make to achieve reductions of £30 million in its budget.
Answered by Lord Vaizey of Didcot
The savings for 2015-16 announced on 4 June 2015 are being achieved through further efficiency savings, tighter control of budgets to drive underspends in year, and driving through asset sales. My Department has undertaken a review of the risks and opportunity within the Departmental group and I am confident that an underspend of £30m will be delivered by the end of the financial year. This will be achieved through careful financial management to bring expenditure in below budget and on further efficiencies delivered across the group. The government is getting on with the job of repairing the public finances, and to run a surplus in this Parliament. This will create the best conditions for sustainable growth.