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The Independent UK
The Independent UK
Millie Cooke

Treasury minister issues warning to departments which fail to make 5% savings as he paves way for further cuts

Treasury minister Darren Jones signalled further cuts as he told government departments they must meet the minimum 5 per cent savings target required before they will receive any fresh funding.

Giving a speech at the Institute for Government’s (IfG) annual conference on Tuesday, which saw him put his Cabinet colleagues on notice over their department’s budgets, the chief secretary to the Treasury warned that Britain is “long overdue a reckoning with government spending”.

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