Six NHS collaborative purchasing organisations have put together an IT hardware deal with the support of OGCbuying.solutions which is projected to deliver more than £6.5million of savings in the first year alone.

Savings of almost £20 million have been achieved by NHS counter fraud services.

The NHS is facing upheaval and cutbacks as a decade of budget increases comes to an end and £20 billion of savings must be found over the next five years.

Asked about taxation of savings, the Prime Minister s Spokesman (PMS) said that savers benefited from the low inflation environment we were seeing at the moment, including the price of many goods coming down, which protected the real value of savings. Since 1997 we had introduced significant support to help savers with the introduction of Individual Savings Accounts (ISAs), which 18 million now be...

Labour Councillors have pledged to cut over £6 million from Westminster City Council's budget by cutting out waste and reallocating the money to front line services and giving residents better value for money. Labour say that substantial savings can be made by cutting out the following waste: * Temporary Agency Staff - £3 million – the Council currently spends over £12...

Labour Councillors have unveiled a £5.5 million savings plan which will cut out waste at City Hall and redirect the extra money to helping residents and the local economy. The savings are: halving the Council's communications and public relations budget - saving £1.5 million a year; a 20% reduction in the amount spent on temporary agency admin/clerical staff - saving £600,00...

Reforms to the NHS will save £700million less than previously thought while the savings will come much later.

Claims that a simplified pay system for NHS staff would result in major savings are "pie in the sky", according to the chairman of the Commons public accounts committee.

A real Friday post. The website bankaholic.com has been sold for $15m. From Paidcontent.org: Financial info site BankRate is expanding its financial product listings, as it’s acquiring Bankaholic, which provides info on deposits, savings accounts, and money market accounts. The company will pay $12.4 million up front, with another $2.5 million possible earnout over the next 12 months. Bankah...

NHS spending on agency workers has risen sharply in the past financial year in spite of attempts to control it, according to figures issued by the Conservatives